The 2020 general appropriation act is amended to balance and make adjustments to the total amount appropriated to the department of public safety. The general fund, cash funds, and reappropriated funds portions of the appropriation are increased.(Note: This summary applies to this bill as enacted.)
The 2020 general appropriation act is amended to balance and make adjustments to the total amount appropriated to the judicial department. The general fund and cash funds portions of the appropriation are decreased.(Note: This summary applies to this bill as enacted.)
The 2020 general appropriation act is amended to balance and make adjustments to the total amount appropriated to the department of health care policy and financing. The general fund and cash funds portions of the appropriation is decreased and the reapproprated funds and federal funds portions are increased.The 2019 general appropriation act is amended to balance and make adjustments to the total amount appropriated to the department of health care policy and financing. A footnote is amended to extend the time money is to remain available for the single tool assessment project.Restrictions on funds for the department in the 2019-20 fiscal year for the payment of overexpenditures of line item appropriations are released in accordance with section 24-75-109 (4)(a).(Note: This summary applies to this bill as enacted.)
The 2020 general appropriation act is amended to balance and make adjustments to the total amount appropriated to the department of human services. The general fund, cash funds, reapproprated funds, and federal funds portions of the appropriation are increased.The 2019 general appropriation act is amended to balance and make adjustments to the total amount appropriated to the department of human services. The federal funds portion of the appropriation is increased.(Note: This summary applies to this bill as enacted.)
The act allows assessors to mail abbreviated notices of valuation on a postcard for property tax purposes, and specifies the minimum information that must be included on the postcard.The act applies to notices of valuation required to be mailed no later than May 1, 2021.(Note: This summary applies to this bill as enacted.)
The act creates a program in the office of economic development and international trade (OEDIT) to support entrepreneurs in the marijuana industry, which will primarily assist social equity licensees, as that term is used in the "Colorado Marijuana Code". The program consists of:Loans to social equity licensees for seed capital and ongoing business expenses; Grants to social equity licensees to support innovation and job creation and organizations that support marijuana businesses to be used to support innovation and job creation of social equity licensees; and Technical assistance for marijuana business owners, prioritizing social equity licensees who have been awarded a loan or grant through the program. OEDIT is authorized to directly administer the program itself or through one or more partner entities. In consultation with other relevant state agencies, industry experts, and other stakeholders, OEDIT is required to establish policies setting forth the parameters and eligibility for the program. OEDIT is required to consult with the Colorado economic development commission regarding the administration of the program. OEDIT is also required to submit a report by July 1 of 2022 and 2023 to the governor and legislative committees detailing program expenditures.The program is initially funded with a $4 million transfer from the marijuana tax cash fund to the newly created marijuana entrepreneur fund, from which the money is continuously appropriated to OEDIT for the program. OEDIT may use some of this money for the program's administrative expenses. Beginning with the fiscal year 2022-23, the general assembly may appropriate additional money from the marijuana tax cash fund to the marijuana entrepreneur fund.(Note: This summary applies to this bill as enacted.)
The 2020 general appropriation act is amended to balance and make adjustments to the total amount appropriated to the department of law.Amends House Bill 20-1379, concerning suspending the direct distribution to the public employees' retirement association for the 2020-21 state fiscal year, to decrease the amount decreased for the PERA direct distribution.(Note: This summary applies to this bill as enacted.)
The act modifies the requirement for the 2021-22 fiscal year that the annual appropriations for higher education student financial assistance increase by at least the same percentage as the aggregate percentage increase of all general fund appropriations to institutions of higher education. The act clarifies that this standard increase will not apply to appropriations for the 2021-22 fiscal year for increases in funding for the institutions of higher education that restore aggregate general fund appropriations to a level at or below the level of such appropriations for the 2019-20 fiscal year. Furthermore, for the 2021-22 fiscal year, the standard formula will be calculated based on 2020-21 fiscal year financial aid appropriations during the 2020 legislative session and does not include supplemental appropriations for financial aid during the 2021 legislative session.(Note: This summary applies to this bill as enacted.)
The act transfers a total of $20 million from the general fund to the capital construction fund in the 2020-21 state fiscal year for single-phase projects at 12 state parks.(Note: This summary applies to this bill as enacted.)
Governor Signed
The act requires the state treasurer to transfer $6 million from the general fund to the forest restoration and wildfire risk mitigation grant program cash fund.The state treasurer is also required to transfer $3 million from the general fund to the wildfire preparedness fund. The division of homeland security and emergency management in the department of public safety is required to use this money:As the state match for federal hazard mitigation assistance grants to local governments that are used to mitigate wildland fire hazards; and To provide local governments that are eligible to receive the federal grants with strategic planning assistance for wildland fire hazard mitigation. The state treasurer is also required to transfer $4 million from the general fund to the Colorado water conservation board construction fund. This money is appropriated to the board for the watershed restoration program to support post-fire recovery and mitigation efforts.(Note: This summary applies to this bill as enacted.)
Supplemental appropriations are made to the department of natural resources. The 2020 general appropriation act is amended to balance and make adjustments to the total amount appropriated to the department of natural resources.(Note: This summary applies to this bill as enacted.)
