Modify Effective Date of House Bill 24-1421

Joint Budget Committee. The General Assembly enacted House Bill 24-1421, a state fiscal year 2024-25 budget package bill that modified funding for certain grant programs administered by the division of criminal justice in the department of public safety, with a safety clause but without a specified effective date. This means, if the governor does not veto the bill, that the bill will take effect during state fiscal year 2023-24 on the date that the governor signs it or it becomes law without his signature. However, to avoid a temporary lapse in spending authority from multiple cash funds during state fiscal year 2023-24 while preserving its own timely implementation, House Bill 24-1421 needs to instead take effect on July 1, 2024, the first day of state fiscal year 2024-25. This bill amends the Session Laws of Colorado to add a July 1, 2024, effective date clause to House Bill 24-1421 and thereby mitigate this problem.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)