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First Regular Session | 75th General Assembly
Colorado General Assembly
SB18-276

Increase General Fund Reserve

Type Bill
Session 2018 Regular Session
Subjects
Fiscal Policy & Taxes

Concerning an increase in the general fund reserve.

Bill Summary:

General fund reserve - increase. For the fiscal year 2018-19, and each fiscal year thereafter, the act increases the statutorily required general fund reserve from 6.5% to 7.25% of the amount appropriated for expenditure from the general fund. The act also repeals the following exceptions from the definition of expenditure that is used to calculate the general fund reserve:

  • Rental and other payments under a lease-purchase agreement for real property included in a separate, operating line item; and
  • Money that the state controller credits from the general fund to the capital construction fund or to the principal of the controlled maintenance trust fund.
    (Note: This summary applies to this bill as enacted.)

Prime Sponsors

Senator Kevin Lundberg

Senator

Kevin Lundberg

Senator Kent Lambert

Senator

Kent Lambert

Representative Millie Hamner

Representative

Millie Hamner

Representative Dave Young

Representative

Dave Young

Committees

Senate

Appropriations

House

Appropriations

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
06/01/2018 Signed Act PDF
05/17/2018 Final Act PDF
05/09/2018 Rerevised PDF
05/08/2018 Revised PDF
05/08/2018 Reengrossed PDF
05/07/2018 Engrossed PDF
04/27/2018 Introduced PDF
Date Version Documents
05/04/2018 PA1 PDF
Date Version Documents
08/30/2018 FN3 PDF
05/04/2018 FN2 PDF
04/30/2018 FN1 PDF
Date Version Documents
05/08/2018 SA2 PDF
05/04/2018 SA1 PDF
Activity Vote Documents
Refer Senate Bill 18-276 to the Committee of the Whole. The motion passed on a vote of 8-5. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Adopt amendment L.001 The motion passed without objection. Vote summary
Refer Senate Bill 18-276, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 7-0. Vote summary
Hearing Summary
|
Committee Report:  PDF
Date Calendar Motion Vote Vote Document
05/09/2018 Third Reading BILL
47
AYE
18
NO
0
OTHER
 		Vote record
Date Calendar Motion Vote Vote Document
05/08/2018 Third Reading BILL
35
AYE
0
NO
0
OTHER
 		Vote record
Date Location Action
06/01/2018 Governor Governor Signed
05/17/2018 Governor Sent to the Governor
05/17/2018 House Signed by the Speaker of the House
05/16/2018 Senate Signed by the President of the Senate
05/09/2018 House House Third Reading Passed - No Amendments
05/08/2018 House House Second Reading Special Order - Passed - No Amendments
05/08/2018 House House Committee on Appropriations Refer Unamended to House Committee of the Whole
05/08/2018 House Introduced In House - Assigned to Appropriations
05/08/2018 Senate Senate Third Reading Passed - No Amendments
05/07/2018 Senate Senate Second Reading Special Order - Passed with Amendments - Committee
05/04/2018 Senate Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole
04/27/2018 Senate Introduced In Senate - Assigned to Appropriations
Effective Date Chapter # Title Documents
08/08/2018 357 Increase General Fund Reserve PDF

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