Skip to main content
Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu
SB21-251

General Fund Loan Family Medical Leave Program

Concerning a loan from the general fund to the division of family and medical leave insurance for the purpose of implementing the state's paid family and medical leave program, and, in connection therewith, making an appropriation.
Session:
2021 Regular Session
Subjects:
Labor & Employment
State Government
Bill Summary



The act requires the state treasurer to transfer $1,500,000 from the general fund to the family and medical leave insurance fund for the purpose of defraying expenses incurred by the division of family and medical leave insurance (division) before the division receives premium revenue or revenue bond proceeds. The transfer is a loan from the state treasurer to the division that is required to be repaid and is not a grant for purposes of the state constitution or any other state law.

The division is required to repay the loan and accumulated interest by December 31, 2023.

Of the $1,500,000 transferred pursuant to the act:

  • $1,162,202 is available for use by the division for program costs, including an additional 6.0 FTE;
  • $231,920 is reappropriated to the office of the governor for use by the office of information technology to provide information technology services for the department of labor and employment; and
  • $105,878 is reappropriated to the department of law to provide legal services for the department of labor and employment.
    (Note: This summary applies to this bill as enacted.)

Status

Introduced
Passed
Became Law

Menu

Bill Text

COVID-19 Resources
2021 Ballot Information Booklet (Blue Book)
NORTH ENTRANCE IS CURRENTLY CLOSED.  TO ENTER THE CAPITOL, USE THE SOUTH ENTRANCE, UNDER THE STAIRS, AT 14th AVENUE AND SHERMAN STREET.