SENATE BILL 25-248
BY SENATOR(S) Bridges and Kirkmeyer, Amabile, Hinrichsen, Pelton B.;
also REPRESENTATIVE(S) Bird and Taggart, Sirota, Keltie.
C
ONCERNING THE REPEAL OF THE MECHANISM FOR TRANSFERRING TO THE
CAPITAL CONSTRUCTION FUND THE AMOUNT OF COST REDUCTIONS TO
A STATE AGENCY FOR TERMINATING A LEASE FOR PRIVATE SPACE
.
Be it enacted by the General Assembly of the State of Colorado:
SECTION 1. In Colorado Revised Statutes, 24-30-1310, repeal (3)
as follows:
24-30-1310. Funding for capital construction, controlled
maintenance, or capital renewal - definitions. (3) (a) Except as provided
in subsection (3)(b) of this section, each state agency that terminates a lease
for private space on or after July 1, 2023, shall calculate the annual
reduction in its costs for leased space. Beginning in the 2023-24 fiscal year,
the general assembly shall transfer to the capital construction fund an
amount equal to each state agency's annual reduction in lease costs. Such
amount shall be from the fund that was the source of the funding for the
lease. The annual transfer required in this subsection (3) shall continue in
each fiscal year until the state treasurer determines that the amount
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. transferred to the capital construction fund pursuant to this subsection (3)
equals the amount transferred to the capitol complex renovation fund
created in section 24-30-1313.
(b) Notwithstanding subsection (3)(a) of this section, the money in
the wildlife cash fund created in section 33-1-112 (1)(a) is not subject to a
transfer to the capital construction fund pursuant to this section.
SECTION 2. In Colorado Revised Statutes, 24-30-1314, repeal
(1)(b) as follows:
24-30-1314. Capitol complex renovation - report - repeal.
(1) Beginning July 1, 2023, the department of personnel shall report
quarterly to the capital development committee regarding the status of the
capitol complex renovations funded with money from the capitol complex
renovation fund created in section 24-30-1313. At a minimum, the report
shall include:
(b) The annual reduction in each state agency's costs for leased
private office space, as calculated pursuant to section 24-30-1310 (3); and
SECTION 3. Safety clause. The general assembly finds,
determines, and declares that this act is necessary for the immediate
preservation of the public peace, health, or safety or for appropriations for
PAGE 2-SENATE BILL 25-248 the support and maintenance of the departments of the state and state
institutions.
____________________________ ____________________________
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 25-248