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First Regular Session | 75th General Assembly
Colorado General Assembly
HB20-1377

Fund Controlled Maintenance Projects

Type Bill
Session 2020 Regular Session
Subjects
State Government

Concerning a requirement that a portion of the proceeds of the Senate Bill 17-267 lease-purchase agreement that will be executed in state fiscal year 2019-20 be credited to the capital construction fund and appropriated only for controlled maintenance projects, including controlled maintenance projects that are capital renewal projects.

Bill Summary:

Under current law, enacted by Senate Bill 17-267, the state executed the second of 4 tranches of lease-purchase agreements of up to $500 million in principal value each before the end of state fiscal year 2019-20 for the sole purpose of funding transportation projects. Due to a favorable interest rate environment, the state actually received more than $600 million of proceeds from the execution of this second tranche of lease-purchase agreements. The act requires the first $49 million of proceeds received in excess of $500 million to be credited to the capital construction fund and appropriated for controlled maintenance projects, including controlled maintenance projects that are capital renewal projects, instead of transportation projects.


(Note: This summary applies to this bill as enacted.)

Prime Sponsors

Representative Daneya Esgar

Representative

Daneya Esgar

Representative Julie McCluskie

Representative

Julie McCluskie

Senator Rachel Zenzinger

Senator

Rachel Zenzinger

Senator Bob Rankin

Senator

Bob Rankin

Committees

House

Appropriations

Senate

Appropriations

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
06/30/2020 Signed Act PDF
06/23/2020 Final Act PDF
06/06/2020 Rerevised PDF
06/05/2020 Revised PDF
06/05/2020 Reengrossed PDF
06/01/2020 Engrossed PDF
05/26/2020 Introduced PDF
Date Version Documents
08/31/2020 FN2 PDF
05/26/2020 FN1 PDF
Activity Vote Documents
Refer House Bill 20-1377 to the Committee of the Whole. The motion passed on a vote of 7-3. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Refer House Bill 20-1377 to the Committee of the Whole. The motion passed on a vote of 11-0. Vote summary
Hearing Summary
|
Committee Report:  PDF
Date Calendar Motion Vote Vote Document
06/06/2020 Third Reading BILL
21
AYE
12
NO
2
OTHER
 		Vote record
Date Calendar Motion Vote Vote Document
06/03/2020 Third Reading BILL
43
AYE
21
NO
1
OTHER
 		Vote record
Date Amendment Number Committee/ Floor Hearing Status Documents
06/01/2020 L.001 Second Reading Passed [**] PDF

* Amendments passed in committee are not incorporated into the measure unless adopted by the full House or Senate.

** The status of Second Reading amendments may be subsequently affected by the adoption of an amendment to the Committee of the Whole Report. Refer to the House or Senate Journal for additional information.

Date Location Action
06/30/2020 Governor Governor Signed
06/29/2020 Governor Sent to the Governor
06/29/2020 House Signed by the Speaker of the House
06/29/2020 Senate Signed by the President of the Senate
06/06/2020 Senate Senate Third Reading Passed - No Amendments
06/05/2020 Senate Senate Second Reading Special Order - Passed - No Amendments
06/04/2020 Senate Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
06/03/2020 Senate Introduced In Senate - Assigned to Appropriations
06/03/2020 House House Third Reading Passed - No Amendments
06/02/2020 House House Third Reading Laid Over Daily - No Amendments
06/01/2020 House House Second Reading Passed with Amendments - Floor
05/29/2020 House House Second Reading Laid Over to 06/01/2020 - No Amendments
05/27/2020 House House Committee on Appropriations Refer Unamended to House Committee of the Whole
05/26/2020 House Introduced In House - Assigned to Appropriations
Effective Date Chapter # Title Documents
06/30/2020 191 Fund Controlled Maintenance Projects PDF

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