On April 4, 2012, Rep. Cheri Gerou and Sen. Mary Hodge introduced HB 12-1344 – Concerning Transfers of Moneys Relating to Capital Construction. This summary is published here courtesy of the Colorado Bar Association’s e-Legislative Report.
Joint Budget Committee Budget Package Bill.
For the 2011-12 fiscal year, the bill reduces the transfer from the general fund to the capital construction fund from $48,171,749 to $47,671,749 and specifies a new transfer of $500,000 from the general fund exempt account of the general fund to the capital construction fund.
For the 2012-13 fiscal year, the bill transfers $59,919,309 from the general fund to the capital construction fund and $500,000 from the general fund exempt account of the general fund to the capital construction fund. The bill passed 2nd Reading on April 12 and is now scheduled for 3rd Reading on Monday, April 16.
Since this summary, the bill passed out of the House, was referred to the Senate Appropriations Committee, where it was unamended, and passed out of the Senate. The bill now awaits signature and is on its way to the Governor’s desk.
Summaries of other featured bills can be found here.
Print 
PDF
