SB 25-241
Fiscal Note
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
SB 25-241: DEPOSIT BOND FORFEITURES IN JUDICIAL FUND
Prime Sponsors:
Sen. Amabile; Kirkmeyer
Rep. Sirota; Taggart
Published for: Senate Appropriations
Drafting number: LLS 25-0925
Fiscal Analyst:
John Armstrong, 303-866-6289
john.armstrong@coleg.gov
Version: Initial Fiscal Note
Date: March 31, 2025
Fiscal note status: The fiscal note reflects the introduced bill, which was recommended by the Joint
Budget Committee as part of its FY 2025-26 Long Bill budget package.
Summary Information
Overview. The bill diverts 75 percent of bond forfeitures from individuals and 100 percent of bond
forfeitures from licensed bond agents to the Judicial Collection Enhancement Fund.
Types of impacts. The bill is projected to affect the following areas on an ongoing basis:
State Diversions
Appropriations. No appropriation is required.
Table 1
State Fiscal Impacts
Type of Impact
1
Budget Year
FY 2025-26
Out Year
FY 2026-27
State Revenue $0 $0
State Expenditures $0 $0
Diverted Funds $3,074,440 $3,074,440
Change in TABOR Refunds $0 $0
Change in State FTE 0.0 FTE 0.0 FTE
1
Fund sources for this impact are shown in the table below. Page 2
March 31, 2025 SB 25-241
Table 1A
State Diversions
Fund Source
Budget Year
FY 2025-26
Out Year
FY 2026-27
General Fund -$1,589,548 -$1,589,548
Judicial Stabilization Cash Fund -$1,484,892 -$1,484,892
Judicial Collection Enhancement Fund $3,074,440 $3,074,440
Net Diversion $0 $0
Summary of Legislation
Beginning July 1, 2025, the bill requires 75 percent of the money collected from an individual’s
bond payment and 100 percent of the money posted by a licensed professional bond agent to
be deposited the Judicial Collection Enhancement Fund.
State Diversions
Under current law, 100 percent of individual bond payments are credited to the Judicial
Stabilization Cash Fund and 100 percent of professional bond payments are credited to the
General Fund. Revenues for individual bond payments totaled $1,979,856 in 2024 (75 percent of
which is $1,484,892), and professional bond payment revenues totaled $1,589,548.
Beginning in FY 2025-26, the bill annually diverts 75 percent of individual bond payment
revenue from the Judicial Stabilization Cash Fund to the Judicial Collection Enhancement Fund,
and 100 percent of professional bond payment revenue from the General Fund to the Judicial
Collection Enhancement Fund, as shown in Table 1A.
Effective Date
The bill takes effect upon signature of the Governor, or upon becoming law without his signature.
State and Local Government Contacts
Joint Budget Committee Staff Judicial
The revenue and expenditure impacts in this fiscal note represent changes from current law under the bill for each
fiscal year. For additional information about fiscal notes, please visit the General Assembly website.