The act requires transfers to be made on July 1, 2023, from the general fund and the general fund exempt account of the general fund to the capital construction fund and the information technology capital account of the capital construction fund as follows: $233,361,030 from the general fund to the capital construction fund; $60,308,481 from the general fund to the information technology capital account of the capital construction fund; and $500,000 from the general fund exempt account of the general fund to the capital construction fund. APPROVED by Governor April 20, 2023 EFFECTIVE April 20, 2023 (Note: This summary applies to this bill as enacted.)
Sponsored bills
The act repeals the cap on the amount of money the department of education (department) may expend on administrative costs for the school transformation grant program. For the 2023-24 budget year, $115,785 is appropriated from the general fund to the department for the school transformation grant program. APPROVED by Governor April 17, 2023 EFFECTIVE April 17, 2023 (Note: This summary applies to this bill as enacted.)
Under current law, an institution of higher education (institution) receives funding through a fee-for-service contract for specialty education services provided by the institution. Colorado state university and the university of Colorado school of medicine created a partnership that created a 4-year branch campus for university of Colorado medical school students in Fort Collins (partnership). The act allows the use of specialty education services funding for the partnership. APPROVED by Governor April 17, 2023 EFFECTIVE April 17, 2023 (Note: This summary applies to this bill as enacted.)
The act creates a mechanism to set the hourly rate for attorney time for attorneys who contract with the office of alternate defense counsel, the office of the child's representative, or the office of the respondent parents' counsel. The rate for fiscal year 2023-24 is $100 per hour. The hourly rate must be increased annually by no more than $5 each year until it is at least 75% of the rate set in the federal "Criminal Justice Act Revision of 1986" for indigent representation in federal court. The hourly rate may be adjusted in subsequent fiscal years to maintain the hourly rate at or above 75% of the rate set in the federal "Criminal Justice Act Revision of 1986". APPROVED by Governor April 17, 2023 EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and takes effect 90 days after sine die. (Note: This summary applies to this bill as enacted.)
Current law requires the department of health care policy and financing to submit a written report to the joint budget committee concerning the review process for medicaid provider rates on or before November 1, 2025, and each November thereafter. The act changes the date of the first written report to November 1, 2023. APPROVED by Governor April 17, 2023 EFFECTIVE April 17, 2023 (Note: This summary applies to this bill as enacted.)
The act requires the state treasurer to transfer $1,800,000 from the hazardous substance site response fund to the hazardous substance response fund. APPROVED by Governor April 17, 2023 EFFECTIVE April 17, 2023 (Note: This summary applies to this bill as enacted.)
The act increases the unauthorized insurance premium tax rate from 2.25% to 3% in parity with the surplus lines insurance tax rate. APPROVED by Governor March 31, 2023 EFFECTIVE January 1, 2024 NOTE: This act was passed without a safety clause. (Note: This summary applies to this bill as enacted.)
Current law authorizes the board of the fire and police pension association (FPPA) to grant compounding cost of living adjustments (COLAs). The act authorizes the board of FPPA, within certain limits, to also grant noncompounding COLAs. APPROVED by Governor March 23, 2023 EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and takes effect 90 days after sine die. (Note: This summary applies to this bill as enacted.)
The act repeals the following infrequently used tax expenditures: The crop hail insurance premium tax exemption (section 1 of the act); The in-state investment pre-1959 insurance premium tax deduction (section 1); The corporate condemnation capital gains income tax deduction (section 2); The oil shale excess percentage depletion income tax deduction (section 2); The mining and milling impact assistance corporate income tax credit (section 3); The oil shale equipment and machinery severance tax deduction (section 4); The oil shale processing severance tax deduction (section 4); The oil shale severance tax rate reductions (section 4); The oil shale noncommercial production severance tax exemption (section 4); and The mineral and mineral fuels impact assistance severance tax credit (section 5). APPROVED by Governor March 23, 2023 EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and takes effect 90 days after sine die. (Note: This summary applies to this bill as enacted.)
The 2022 general appropriations act is amended to balance and make adjustments to the total amount appropriated to the department of human services. The general fund, cash funds, reapproriated funds, and federal funds portions of the appropriation are increased. House Bill 22-1278 is amended to adjust the amount appropriated to the department of human services for use by the executive director's office. APPROVED by Governor March 6, 2023 EFFECTIVE March 6, 2023 (Note: This summary applies to this bill as enacted.)