SB 25-255
Fiscal Note
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
SB 25-255: TRANSFER TO HAZARDOUS SUBSTANCE RESPON SE FUND
Prime Sponsors:
Sen. Amabile; Bridges
Rep. Bird; Taggart
Published for: Senate Appropriations
Drafting number: LLS 25-1039
Fiscal Analyst:
Brendan Fung, 303-866-4781
brendan.fung@coleg.gov
Version: Initial Fiscal Note
Date: March 31, 2025
Fiscal note status: This fiscal note reflects the introduced bill, which was recommended by the Joint
Budget Committee as part of the FY 2025-26 budget package.
Summary Information
Overview. The bill transfers $6 million from the General Fund to the Hazardous Substance Response Fund
in FY 2025-26.
Types of impacts. The bill is projected to affect the following areas in FY 2025-26 only:
State Transfers
Appropriations. No appropriation is required.
Table 1
State Fiscal Impacts
Type of Impact
Budget Year
FY 2025-26
Out Year
FY 2026-27
State Revenue $0 $0
State Expenditures $0 $0
Transferred Funds $6,000,000 $0
Change in TABOR Refunds $0 $0
Change in State FTE 0.0 FTE 0.0 FTE
Page 2
March 31, 2025 SB 25-255
Table 1A
State Transfers
Fund Source
Budget Year
FY 2025-26
Out Year
FY 2026-27
General Fund -$6,000,000 $0
Hazardous Substance Response Fund $6,000,000 $0
Net Transfer $0 $0
Summary of Legislation
On July 1, 2025, the bill transfers $6 million from the General Fund to the Hazardous Substance
Response Fund (HSRF) in the Department of Public Health and Environment (CDPHE).
Background
The HSRF was established to fund the state’s hazardous material disposal needs, including
management of Colorado’s Superfund sites as required under the Comprehensive
Environmental Response, Compensation, and Liability Act. CDPHE requires a transfer from the
General Fund to the HSRF while fees are phased in to bring the fund into solvency.
State Transfers
In FY 2025-26, the bill transfers $6 million from the General Fund to the Hazardous Substance
Response Fund.
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 Public Health and Environment
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.