Colorado 2025 Regular Session

Colorado Senate Bill SB225 Compare Versions

OldNewDifferences
1+First Regular Session
2+Seventy-fifth General Assembly
3+STATE OF COLORADO
4+REVISED
5+This Version Includes All Amendments Adopted
6+on Second Reading in the Second House
7+LLS NO. 25-0904.01 Rebecca Bayetti x4348
18 SENATE BILL 25-225
2-BY SENATOR(S) Amabile and Kirkmeyer, Bridges;
3-also REPRESENTATIVE(S) Bird and Taggart, Sirota.
9+Senate Committees House Committees
10+Appropriations Appropriations
11+A BILL FOR AN ACT
412 C
5-ONCERNING A REDUCTION IN THE TRANSFER FROM THE LIMITED GAMING
6-FUND TO THE ADVANCED INDUSTRIES ACCELERATION CASH F UND FOR
7-STATE FISCAL YEAR
8-2025-26.
9-
10-Be it enacted by the General Assembly of the State of Colorado:
11-SECTION 1. In Colorado Revised Statutes, 44-30-701, amend
12-(2)(a)(II); and add (2)(d) as follows:
13-44-30-701. Limited gaming fund - created - repeal. (2) (a) Except
14-as provided in subsection (2)(b) of this section, at the end of the 2012-13
15-state fiscal year and at the end of each state fiscal year thereafter, the state
16-treasurer shall transfer the state share as follows:
17-(II) For the 2014-15 state fiscal year and each state fiscal year
13+ONCERNING A REDUCTION IN THE TRANSFER FROM THE LIMITED101
14+GAMING FUND TO THE ADVANCED INDUSTRIES ACCELERATION102
15+CASH FUND FOR STATE FISCAL YEAR 2025-26.103
16+Bill Summary
17+(Note: This summary applies to this bill as introduced and does
18+not reflect any amendments that may be subsequently adopted. If this bill
19+passes third reading in the house of introduction, a bill summary that
20+applies to the reengrossed version of this bill will be available at
21+http://leg.colorado.gov/
22+.)
23+Joint Budget Committee. The bill reduces the transfer from the
24+limited gaming fund to the advanced industries acceleration cash fund for
25+state fiscal year 2025-26 from $5,500,000 to $1,840,000.
26+HOUSE
27+2nd Reading Unamended
28+April 9, 2025
29+SENATE
30+3rd Reading Unamended
31+April 3, 2025
32+SENATE
33+2nd Reading Unamended
34+April 2, 2025
35+SENATE SPONSORSHIP
36+Amabile and Kirkmeyer, Bridges
37+HOUSE SPONSORSHIP
38+Bird and Taggart, Sirota
39+Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
40+Capital letters or bold & italic numbers indicate new material to be added to existing law.
41+Dashes through the words or numbers indicate deletions from existing law. Be it enacted by the General Assembly of the State of Colorado:1
42+SECTION 1. In Colorado Revised Statutes, 44-30-701, amend2
43+(2)(a)(II); and add (2)(d) as follows:3
44+44-30-701. Limited gaming fund - created - repeal.4
45+(2) (a) Except as provided in subsection (2)(b) of this section, at the end5
46+of the 2012-13 state fiscal year and at the end of each state fiscal year6
47+thereafter, the state treasurer shall transfer the state share as follows:7
48+(II) For the 2014-15 state fiscal year and each state fiscal year8
1849 thereafter,
19-EXCEPT AS OTHERWISE PROVIDED IN SUBSECTION (2)(d) OF THIS
20-SECTION FOR THE
21-2025-26 STATE FISCAL YEAR, five million five hundred
22-thousand dollars to the advanced industries acceleration cash fund created
23-in section 24-48.5-117;
24-NOTE: This bill has been prepared for the signatures of the appropriate legislative
25-officers and the Governor. To determine whether the Governor has signed the bill
26-or taken other action on it, please consult the legislative status sheet, the legislative
27-history, or the Session Laws.
28-________
29-Capital letters or bold & italic numbers indicate new material added to existing law; dashes
30-through words or numbers indicate deletions from existing law and such material is not part of
31-the act. (d) (I) FOR THE 2025-26 STATE FISCAL YEAR, THE STATE TREASURER
32-SHALL TRANSFER ONE MILLION EIGHT HUNDRED FORTY THOUSAND DOLLARS
33-TO THE ADVANCED INDUSTRIES ACCELERATION CASH FUND CREATED IN
34-SECTION
35-24-48.5-117.
50+EXCEPT AS OTHERWISE PROVIDED IN SUBSECTION (2)(d) OF THIS9
51+SECTION FOR THE 2025-26 STATE FISCAL YEAR, five million five hundred10
52+thousand dollars to the advanced industries acceleration cash fund created11
53+in section 24-48.5-117;12
54+(d) (I) F
55+OR THE 2025-26 STATE FISCAL YEAR, THE STATE13
56+TREASURER SHALL TRANSFER ONE MILLION EIGHT HUNDRED FORTY14
57+THOUSAND DOLLARS TO THE ADVANCED INDUSTRIES ACCELERATION CASH15
58+FUND CREATED IN SECTION 24-48.5-117.16
3659 (II) T
37-HIS SUBSECTION (2)(d) IS REPEALED, EFFECTIVE JULY 1, 2027.
38-SECTION 2. Act subject to petition - effective date. This act
39-takes effect at 12:01 a.m. on the day following the expiration of the
40-ninety-day period after final adjournment of the general assembly; except
41-that, if a referendum petition is filed pursuant to section 1 (3) of article V
42-of the state constitution against this act or an item, section, or part of this act
43-within such period, then the act, item, section, or part will not take effect
44-unless approved by the people at the general election to be held in
45-PAGE 2-SENATE BILL 25-225 November 2026 and, in such case, will take effect on the date of the official
46-declaration of the vote thereon by the governor.
47-____________________________ ____________________________
48-James Rashad Coleman, Sr.
49-Julie McCluskie
50-PRESIDENT OF SPEAKER OF THE HOUSE
51-THE SENATE OF REPRESENTATIVES
52-____________________________ ____________________________
53-Esther van Mourik Vanessa Reilly
54-SECRETARY OF CHIEF CLERK OF THE HOUSE
55-THE SENATE OF REPRESENTATIVES
56- APPROVED________________________________________
57- (Date and Time)
58- _________________________________________
59- Jared S. Polis
60- GOVERNOR OF THE STATE OF COLORADO
61-PAGE 3-SENATE BILL 25-225
60+HIS SUBSECTION (2)(d) IS REPEALED, EFFECTIVE JULY 1, 2027. 17
61+SECTION 2. Act subject to petition - effective date. This act18
62+takes effect at 12:01 a.m. on the day following the expiration of the19
63+ninety-day period after final adjournment of the general assembly; except20
64+that, if a referendum petition is filed pursuant to section 1 (3) of article V21
65+of the state constitution against this act or an item, section, or part of this22
66+act within such period, then the act, item, section, or part will not take23
67+effect unless approved by the people at the general election to be held in24
68+November 2026 and, in such case, will take effect on the date of the25
69+official declaration of the vote thereon by the governor.26
70+225
71+-2-