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HB23-1179

Agricultural Products Inspection Cash Fund Reserve

Concerning the maximum uncommitted reserve that may be retained in the agricultural products inspection cash fund.
Session:
2023 Regular Session
Subjects:
Agriculture
State Revenue & Budget
Bill Summary

Colorado law limits the amount of uncommitted money that may remain in a cash fund at the end of a state fiscal year to 16.5% of the amount spent during the fiscal year. The act exempts the agricultural products inspection cash fund from the 16.5% uncommitted balance limit and instead imposes a limit of 50% of the amount spent from the fund during the fiscal year.

APPROVED by Governor April 20, 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.)

Status

Introduced
Passed
Became Law

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Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    04/20/2023 Signed Act PDF
    04/13/2023 Final Act PDF
    03/22/2023 Rerevised PDF
    03/21/2023 Revised PDF
    03/09/2023 Reengrossed PDF
    03/08/2023 Engrossed PDF
    02/08/2023 Introduced PDF

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