Colorado 2025 Regular Session

Colorado Senate Bill SB293 Latest Draft

Bill / Engrossed Version Filed 04/22/2025

                            First Regular Session
Seventy-fifth General Assembly
STATE OF COLORADO
ENGROSSED
This Version Includes All Amendments Adopted
on Second Reading in the House of Introduction
LLS NO. 25-1027.01 Rebecca Bayetti x4348
SENATE BILL 25-293
Senate Committees House Committees
Appropriations
A BILL FOR AN ACT
C
ONCERNING TRANSFERS OF MONEY FROM THE LICENSE PLATE CASH101
FUND.102
Bill Summary
(Note:  This summary applies to this bill as introduced and does
not reflect any amendments that may be subsequently adopted. If this bill
passes third reading in the house of introduction, a bill summary that
applies to the reengrossed version of this bill will be available at
http://leg.colorado.gov/
.)
Joint Budget Committee. The bill requires the state treasurer to
transfer the following amounts from the license plate cash fund (fund) on
June 30, 2025:
! 40% of the unexpended and unencumbered balance of the
fund to the general fund; and
! 40% of the unexpended and unencumbered balance of the
SENATE
2nd Reading Unamended
April 22, 2025
SENATE SPONSORSHIP
Bridges and Kirkmeyer, Amabile
HOUSE SPONSORSHIP
Bird and Sirota, Taggart
Shading denotes HOUSE amendment.  Double underlining denotes SENATE amendment.
Capital letters or bold & italic numbers indicate new material to be added to existing law.
Dashes through the words or numbers indicate deletions from existing law. fund to the Colorado DRIVES vehicle services account in
the highway users tax fund.
Be it enacted by the General Assembly of the State of Colorado:1
SECTION 1. In Colorado Revised Statutes, 42-3-301, add (1)(c)2
as follows:3
42-3-301.  License plate cash fund - license plate fees - repeal.4
(1) (c) (I)  N
OTWITHSTANDING ANY PROVISION OF THIS SECTION TO THE5
CONTRARY, ON JUNE 30, 2025, THE STATE TREASURER SHALL TRANSFER :6
(A)  F
ORTY PERCENT OF THE UNEXPENDED AND UNENCUMBERED7
BALANCE OF THE LICENSE PLATE CASH FUND TO THE GENERAL FUND ; AND8
(B)  F
ORTY PERCENT OF THE UNEXPENDED AND UNENCUMBERED9
BALANCE OF THE LICENSE PLATE CASH FUND TO THE COLORADO DRIVES10
VEHICLE SERVICES ACCOUNT IN THE HIGHWAY USERS TAX FUND , CREATED11
IN SECTION 42-1-211 (2).12
(II)  T
HIS SUBSECTION (1)(c) IS REPEALED, EFFECTIVE JULY 1, 2026.13
SECTION 2. Safety clause. The general assembly finds,14
determines, and declares that this act is necessary for the immediate15
preservation of the public peace, health, or safety or for appropriations for16
the support and maintenance of the departments of the state and state17
institutions.18
293-2-