Colorado 2025 Regular Session

Colorado Senate Bill SB225 Latest Draft

Bill / Enrolled Version Filed 04/14/2025

                            SENATE BILL 25-225
BY SENATOR(S) Amabile and Kirkmeyer, Bridges;
also REPRESENTATIVE(S) Bird and Taggart, Sirota.
C
ONCERNING A REDUCTION IN THE TRANSFER FROM THE LIMITED GAMING
FUND TO THE ADVANCED INDUSTRIES ACCELERATION CASH F UND FOR
STATE FISCAL YEAR 
2025-26.
 
Be it enacted by the General Assembly of the State of Colorado:
SECTION 1. In Colorado Revised Statutes, 44-30-701, amend
(2)(a)(II); and add (2)(d) as follows:
44-30-701.  Limited gaming fund - created - repeal. (2) (a)  Except
as provided in subsection (2)(b) of this section, at the end of the 2012-13
state fiscal year and at the end of each state fiscal year thereafter, the state
treasurer shall transfer the state share as follows:
(II)  For the 2014-15 state fiscal year and each state fiscal year
thereafter, 
EXCEPT AS OTHERWISE PROVIDED IN SUBSECTION (2)(d) OF THIS
SECTION FOR THE 
2025-26 STATE FISCAL YEAR, five million five hundred
thousand dollars to the advanced industries acceleration cash fund created
in section 24-48.5-117;
NOTE:  This bill has been prepared for the signatures of the appropriate legislative
officers and the Governor.  To determine whether the Governor has signed the bill
or taken other action on it, please consult the legislative status sheet, the legislative
history, or the Session Laws.
________
Capital letters or bold & italic numbers indicate new material added to existing law; dashes
through words or numbers indicate deletions from existing law and such material is not part of
the act. (d) (I)  FOR THE 2025-26 STATE FISCAL YEAR, THE STATE TREASURER
SHALL TRANSFER ONE MILLION EIGHT HUNDRED FORTY THOUSAND DOLLARS
TO THE ADVANCED INDUSTRIES ACCELERATION CASH FUND CREATED IN
SECTION 
24-48.5-117.
(II)  T
HIS SUBSECTION (2)(d) IS REPEALED, EFFECTIVE JULY 1, 2027. 
SECTION 2. Act subject to petition - effective date. This act
takes effect at 12:01 a.m. on the day following the expiration of the
ninety-day period after final adjournment of the general assembly; except
that, if a referendum petition is filed pursuant to section 1 (3) of article V
of the state constitution against this act or an item, section, or part of this act
within such period, then the act, item, section, or part will not take effect
unless approved by the people at the general election to be held in
PAGE 2-SENATE BILL 25-225 November 2026 and, in such case, will take effect on the date of the official
declaration of the vote thereon by the governor.
____________________________  ____________________________
James Rashad Coleman, Sr.
Julie McCluskie
PRESIDENT OF SPEAKER OF THE HOUSE
THE SENATE OF REPRESENTATIVES
____________________________  ____________________________
Esther van Mourik Vanessa Reilly
SECRETARY OF CHIEF CLERK OF THE HOUSE
THE SENATE OF REPRESENTATIVES
            APPROVED________________________________________
                                                        (Date and Time)
                              _________________________________________
                             Jared S. Polis
                             GOVERNOR OF THE STATE OF COLORADO
PAGE 3-SENATE BILL 25-225