SB21-230
Transfer To Colorado Energy Office Energy Fund
| Type | Bill |
|---|---|
| Session | 2021 Regular Session |
| Subjects |
Concerning a transfer of money from the general fund to the energy fund to finance programs of the Colorado energy office.
Bill Summary:
The act directs the state treasurer to make an immediate, one-time transfer of $40 million from the general fund to the energy fund administered by the Colorado energy office (CEO). The CEO may use the money for its ongoing programs plus the following enumerated purposes:
- Making grants to the Colorado Clean Energy Fund and the Colorado new energy improvement district totaling up to $30 million and $3 million, respectively;
- Increasing the amounts available through residential energy upgrade loans by up to $2 million; and
- Providing up to $5 million in additional funding to the charge ahead Colorado program administered by the CEO.
The act requires the CEO to devote at least 75% of the transferred money to the specified purposes by July 1, 2022, and at least 85% by July 1, 2023, and to periodically report on its expenditures to the office of state planning and budgeting and the general assembly. Although money in the energy fund is continuously appropriated to the CEO, the money transferred by the act is scheduled to revert to the general fund on June 30, 2025, if not used, expended, or obligated by then.
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 05/27/2021 | SA1 |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 21-230 to the Committee of the Whole. | The motion passed on a vote of 7-4. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.004 (Attachment E). | The motion passed without objection. | Vote summary |
| Adopt amendment L.005 (Attachment F). | The motion passed without objection. | Vote summary |
| Refer Senate Bill 21-230, as amended, to the Committee on Appropriations. | The motion passed on a vote of 10-3. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.002 | The motion passed without objection. | Vote summary |
| Refer Senate Bill 21-230, as amended, to the Committee of the Whole. | The motion passed on a vote of 4-3. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.001 (Attachment B). | The motion failed on a vote of 3-4. | Vote summary |
| Refer Senate Bill 21-230 to the Committee on Appropriations. | The motion passed on a vote of 4-3. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 06/02/2021 | House Amendments | REPASS |
21
AYE
14
NO
0
OTHER
|
Vote record |
| 06/02/2021 | House Amendments | CONCUR |
23
AYE
12
NO
0
OTHER
|
Vote record |
| 05/05/2021 | Third Reading | BILL |
20
AYE
14
NO
1
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 06/01/2021 | Third Reading | BILL |
42
AYE
21
NO
2
OTHER
|
Vote record |
| Date | Amendment Number | Committee/ Floor Hearing | Status | Documents |
|---|---|---|---|---|
| 05/20/2021 | L.005 | HOU Energy & Environment | Passed [*] | |
| 05/20/2021 | L.004 | HOU Energy & Environment | Passed [*] | |
| 05/04/2021 | L.003 | Second Reading | Passed [**] | |
| 04/30/2021 | L.002 | SEN Appropriations | Passed [*] | |
| 04/13/2021 | L.001 | SEN Transportation & Energy | Lost |
| Date | Location | Action |
|---|---|---|
| 06/14/2021 | Governor | Governor Signed |
| 06/11/2021 | Governor | Sent to the Governor |
| 06/11/2021 | House | Signed by the Speaker of the House |
| 06/11/2021 | Senate | Signed by the President of the Senate |
| 06/02/2021 | Senate | Senate Considered House Amendments - Result was to Concur - Repass |
| 06/01/2021 | House | House Third Reading Passed - No Amendments |
| 05/28/2021 | House | House Second Reading Special Order - Passed with Amendments - Committee |
| 05/28/2021 | House | House Committee on Appropriations Refer Unamended to House Committee of the Whole |
| 05/20/2021 | House | House Committee on Energy & Environment Refer Amended to Appropriations |
| 05/05/2021 | House | Introduced In House - Assigned to Energy & Environment |
| 05/05/2021 | Senate | Senate Third Reading Passed - No Amendments |
| 05/04/2021 | Senate | Senate Second Reading Passed with Amendments - Committee, Floor |
| 04/30/2021 | Senate | Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole |
| 04/13/2021 | Senate | Senate Committee on Transportation & Energy Refer Unamended to Appropriations |
| 03/31/2021 | Senate | Introduced In Senate - Assigned to Transportation & Energy |
Prime Sponsor
Sponsor
(None)
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 06/14/2021 | 226 | Transfer To CO Energy Office Energy Fund |