Sen. Dominick Moreno

A Colorado state credit union may open new branches in Colorado or in other states 30 days after providing written notice to the state commissioner of financial services. The state commissioner may enter into agreements with other state credit union regulators for the purposes of examination and supervision of out-of-state offices. (Note: This summary applies to this bill as enacted.)

The act redirects a portion of tobacco litigation settlement moneys (settlement moneys) to the general fund for state fiscal year (FY) 2020-21 by: Transferring $20 million of settlement moneys received during FY 2019-20 to the general fund and offsetting the $20 million reduction in the amount of such settlement moneys available for allocation in FY 2020-21 to the programs that receive settlement moneys by allocating to the programs in FY 2020-21 $20 million of settlement moneys to be received by the state in FY 2020-21 that would otherwise be allocated in FY 2021-22; Removing $2,000,130 of settlement moneys received in excess of projections during FY 2019-20 from the base amount used to calculate the statutory allocations of settlement moneys to various programs; Reducing the statutory allocations of settlement moneys: For the tobacco settlement defense account of the tobacco litigation settlement cash fund (litigation account) from 2.5% to 0.75% of the settlement moneys; and For the state dental loan repayment program by $160,717; Requiring all settlement moneys received during FY 2019-20 that are not allocated for state fiscal year 2020-21 under the modified statutory allocation formula to be transferred to the general fund on July 1, 2020; Requiring additional July 1, 2020, transfers to the general fund of settlement moneys previously credited to cash funds that receive statutory allocations of settlement moneys as follows: $8 million from the tobacco settlement defense account; $4,237,375 from the nurse home visitor program fund; and $3 million from the Colorado state veterans trust fund.(Note: This summary applies to this bill as enacted.)

Beginning when the higher federal match afforded through the federal "Families First Coronavirus Response Act" expires, the act reduces the adult dental benefit so that it does not exceed $1,000 per year for a participant. From the savings from the reduction of the adult dental benefit in the medical assistance program, the act transfers $1,139,402 from the unclaimed property trust fund to the general fund in the 2020-21 fiscal year and $2,278,804 in the 2021-22 fiscal year. Furthermore, the act requires $331,462 to be appropriated from the healthcare affordability and sustainability fee cash fund to offset general fund expenditures for the state medical assistance program. (Note: This summary applies to this bill as enacted.)

For the state fiscal year 2020-21, the act reduces the amount of state sales and use tax revenue that is credited to the older Coloradans cash fund from $10 million to $8 million, with the difference credited to the general fund. (Note: This summary applies to this bill as enacted.)

The act removes the requirement that the department of health care policy and financing and the department of human services implement high-fidelity wraparound services for children and youth at risk of out-of-home placement or in an out-of-home placement unless money is appropriated for the implementation of the services. The act removes the requirement that the department of public health and environment provide statewide training for primary care providers on the standardized screening tools unless money is appropriated for the training. The act reduces appropriations to the department of health care policy and financing and the department of human services. (Note: This summary applies to this bill as enacted.)

Current law authorizes the general assembly to appropriate money to the state historical society from the museum and preservation operations account of the state historical fund to pay for history Colorado certificates of participation. The act allows money to also be appropriated from the general fund or any other available fund. On October 1, 2019, the state treasurer transferred $1 million from the preservation grant program account in the state historical fund to the capital construction fund to repaint the interior of the dome of the state capitol building. The act transfers the unencumbered portion of that amount on July 1, 2020, from the capital construction fund to the museum and preservation operations account in the state historical fund. The state historical society is authorized to direct the state treasurer to transfer up to $1 million from the preservation grant program account in the state historical fund to the museum and preservation operations account for each of the 2020-21 and 2021-22 state fiscal years. (Note: This summary applies to this bill as enacted.)

The act repeals the prohibition on the general assembly appropriating the bulk of the money from the marijuana tax cash fund until the year following the year that the revenue is received by the state. The fund reserve is clarified in light of this change. The state treasurer is required to transfer $136,989,750 from the fund to the general fund on October 1, 2020. (Note: This summary applies to this bill as enacted.)

For fiscal years 2019-20 and 2020-21, the act specifies that: If a provider or a school district submits a certification of public expenditure pursuant to federal law, the provider or school district shall receive federal matching funds in the amount of 50% of the amount certified, and any federal financial participation in excess of 50% of the amount certified must be transferred to the general fund for the medical assistance program; The amount of increased federal financial participation in excess of 50% generated from appropriations out of the healthcare affordability and sustainability fee cash fund must be used to offset other general fund appropriations for the medical assistance program; The amount of increased federal financial participation in excess of 50% for reimbursements and payments must be transferred from the medicaid nursing facility cash fund to the general fund for the medical assistance program expenditures; and The appropriation to the university of Colorado for fee-for-service contracts for health services is reduced by the amount of federal financial participation that exceeds 50%. The act makes adjustments to the appropriations to transfer the amounts in excess of 50% to the general fund and appropriates those amounts for the medical services program. (Note: This summary applies to this bill as enacted.)

For the 2019-20 state fiscal year, the act transfers: $1,397,624 from the general fund to the capital construction fund; and $21,134,709 from the information technology capital account of the capital construction fund to the general fund. For the 2020-21 state fiscal year, the act transfers: $500,000 from the general fund exempt account of the general fund to the capital construction fund; $2,043,768 from the general fund to the capital construction fund; and $445,000 from the general fund to the information technology capital account of the capital construction fund.(Note: This summary applies to this bill as enacted.)

Existing law requires the department of local affairs (department) to award grants to counties pursuant to the community substance use and mental health services grant program (grant program) and requires the general assembly, beginning in fiscal year 2020-21, to appropriate money for the grant program from the estimated savings from House Bill 19-1263, concerning changing the penalty for certain violations pursuant to the "Uniform Controlled Substances Act of 2013". The act makes the department's requirement to issue grants subject to available appropriations, removes the requirement to appropriate money for the grant program, and states the general assembly's intent to fund the grant program with money generated from the estimated savings from House Bill 19-1263. An appropriation to the department for program costs related to field services is decreased by $66,208, and an appropriation to the department for community substance use and mental health services grants is decreased by $1,800,000. (Note: This summary applies to this bill as enacted.)