Colorado 2025 2025 Regular Session

Colorado Senate Bill SB267 Introduced / Fiscal Note

Filed 03/31/2025

                    SB 25-267  
Fiscal Note 
Legislative Council Staff 
Nonpartisan Services for Colorado’s Legislature 
SB25-267: ELIMINATE ROLL-FORWARD AUTH IN UTILITIES LINE ITEM  
Prime Sponsors: 
Sen. Amabile; Kirkmeyer 
Rep. Sirota; Taggart  
Published for: Senate Appropriations  
Drafting number: LLS 25-1007  
Fiscal Analyst: 
Colin Gaiser, 303-866-2677 
colin.gaiser@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 Long Bill budget package. 
Summary Information 
Overview. The bill removes the ability for state agencies to purchase energy conservation equipment and 
services with unspent funds in their utilities line item without a further appropriation.  
Types of impacts. The bill is projected to affect the following areas on an ongoing basis: 
 State Expenditures
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  	$0 	$0 
Change in TABOR Refunds 	$0 	$0 
Change in State FTE 	0.0 FTE 	0.0 FTE 
   Page 2 
March 31, 2025   SB 25-267 
 
Summary of Legislation 
Under current law, state agencies may use unexpended and unencumbered money from their 
utilities line item to purchase energy conservation equipment and services without further 
appropriation in the following fiscal year. The bill eliminates this roll-forward authority.  
State Expenditures 
The bill may decrease expenditures in agencies starting in FY 2025-26 by removing the ability of 
unspent money in utilities line items to fund certain conservation activities in the following fiscal 
year. At this time, an estimate of any unspent money is not available and will depend on state 
agency spending decisions and utility costs. To the extent any agency utilities line items have 
unspent money at the end of the fiscal year, this will result in additional money in the original 
fund source in the following year, including for the General Fund and affected cash funds. 
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  
 
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.