Transfer From Severance Tax Operations Cash Fund
| Type | Bill |
|---|---|
| Session | 2023 Regular Session |
| Subjects |
Concerning a 2023-24 state fiscal year transfer from the severance tax operational fund to the capital construction fund for use by state-supported institutions of higher education in energy impacted counties, and, in connection therewith, making an appropriation.
Bill Summary:
On July 1, 2023, the state treasurer is required to transfer $10 million from the severance tax operational fund to the capital construction fund. The money is to be used by state-supported institutions of higher education in energy impacted counties for energy-related programs or projects.
For fiscal year 2023-24, the act appropriates $6 million from the capital construction fund and $3,108,609 in cash funds from Colorado Mesa university institutional reserves and donations to expand the university's campus-wide geothermal exchange system. For fiscal year 2023-24, the act appropriates $4 million to Western Colorado university to provide additional teaching and laboratory space for the university's petroleum geology program and to generally allow for the expansion of the natural and environmental sciences department.
APPROVED by Governor April 28, 2023
EFFECTIVE April 28, 2023
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 03/31/2023 | PA1 |
| Date | Version | Documents |
|---|---|---|
| 04/06/2023 | SA1 |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 23-250 to the Committee of the Whole. | The motion passed on a vote of 10-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment J.001 | The motion passed without objection. | Vote summary |
| Refer Senate Bill 23-250, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. | The motion passed on a vote of 7-0. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/18/2023 | House Amendments | REPASS |
33
AYE
2
NO
0
OTHER
|
Vote record |
| 04/18/2023 | House Amendments | CONCUR |
35
AYE
0
NO
0
OTHER
|
Vote record |
| 04/03/2023 | Third Reading | BILL |
33
AYE
1
NO
1
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 04/17/2023 | Third Reading | BILL |
61
AYE
4
NO
0
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 04/28/2023 | Governor | Governor Signed |
| 04/27/2023 | Governor | Sent to the Governor |
| 04/27/2023 | House | Signed by the Speaker of the House |
| 04/26/2023 | Senate | Signed by the President of the Senate |
| 04/18/2023 | Senate | Senate Considered House Amendments - Result was to Concur - Repass |
| 04/17/2023 | House | House Third Reading Passed - No Amendments |
| 04/15/2023 | House | House Third Reading Laid Over Daily - No Amendments |
| 04/14/2023 | House | House Second Reading Special Order - Passed with Amendments - Floor |
| 04/12/2023 | House | House Second Reading Laid Over Daily - No Amendments |
| 04/10/2023 | House | House Committee on Appropriations Refer Unamended to House Committee of the Whole |
| 04/05/2023 | House | Introduced In House - Assigned to Appropriations |
| 04/03/2023 | Senate | Senate Third Reading Passed - No Amendments |
| 03/31/2023 | Senate | Senate Second Reading Special Order - Passed with Amendments - Committee |
| 03/31/2023 | Senate | Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole |
| 03/27/2023 | Senate | Introduced In Senate - Assigned to Appropriations |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 04/28/2023 | 130 | Transfer From Severance Tax Operations Cash Fund |