Reallocate State Sales And Use Tax To General Fund
Concerning the reallocation of state sales and use tax revenue from the older Coloradans cash fund to the general fund for the state fiscal year 2020-21.
2020 Regular Session
State Revenue & Budget
For the state fiscal year 2020-21, the act reduces the amount of state sales and use tax revenue that is credited to the older Coloradans cash fund from $10 million to $8 million, with the difference credited to the general fund.
(Note: This summary applies to this bill as enacted.)