Transfers from License Plate Cash Fund
The act requires the state treasurer to transfer the following amounts from the license plate cash fund (fund) on June 30, 2025:
- 40% of the unexpended and unencumbered balance of the fund to the general fund; and
- 40% of the unexpended and unencumbered balance of the fund to the Colorado DRIVES vehicle services account in the highway users tax fund.
(Note: This summary applies to this bill as enacted.)