Colorado 2019 Regular Session Status: Enacted

SB 19-016 — Severance Tax Operational Fund Distribution Methodology

Last action — Governor Signed

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 04, 2019. Enacted.

Prognosis

Likely to advance 76% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 4 sponsors

    4 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Severance tax operational fund - distribution - core departmental programs - natural resources and energy grant programs - reserve requirement - cap - transfer to the severance tax perpetual base fund. The act makes the following changes related to the distribution of the money in the severance tax operational fund (operational fund): Defines programs for the department of natural resources that are funded from the operational fund and that were known as "tier-one programs" as "core departmental programs"; Defines transfers that are made after the core departmental programs and a reserve requirement are funded and were known as "tier-two programs" as "transfers to the natural resources and energy grant programs"; Separates an existing reserve into 2 separate reserves, the core reserve and the grant program reserve, while maintaining the overall purpose of each reserve; Establishes a cap on the grant program reserve equal to the maximum transfers to the natural resources and energy grant programs required by law; Requires the state treasurer to make the transfers to the natural resources and energy grant programs on August 15 after a fiscal year and to base the transfers on actual revenue as opposed to estimated revenue; Permits money from the grant program reserve to be used for the transfers to the natural resources and energy grant programs; and If all of the appropriations and transfers have been made and both reserves are full, then requires the state treasurer to transfer any money remaining in the operational fund to the severance tax perpetual base fund.(Note: This summary applies to this bill as enacted.) Read More

Bill Text

What changed in the latest version

15 added · 23 removed

Plain-language change summary

The amendment primarily updates the designation and formatting of the document by changing "ENGROSSED" to "REENGROSSED" and altering how amendments and sponsors are indicated. These changes are administrative and do not affect the content or functions of the bill.

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Previous
Latest
First Regular Session Seventy-second General Assembly STATE OF COLORADO REENGROSSED This Version Includes All Amendments Adopted in the House of Introduction LLS NO.
First Regular Session Seventy-second General Assembly STATE OF COLORADO ENGROSSED This Version Includes All Amendments Adopted on Second Reading in the House of Introduction LLS NO.
19-0138.02 Ed DeCecco x4216 SENATE BILL 19-016 SENATE SPONSORSHIP Donovan and Coram, Cooke, Court, Crowder, Gardner, Ginal, Marble, Priola, Rankin, Scott, Sonnenberg, Tate, Todd, Woodward, Zenzinger HOUSE SPONSORSHIP Esgar and Saine, Roberts, Arndt, Catlin Senate Committees House Committees Agriculture & Natural Resources A BILL FOR AN ACT C ONCERNING THE METHODOLOGY TO DISTRIBUTE MONEY IN THE SEVERANCE TAX OPERATIONAL FUND AFTER CORE DEPARTMENTAL PROGRAMS ARE FUNDED WITHOUT CHANGING THE TRANSFERS TO THE NATURAL RESOURCES AND ENERGY GRANT PROGRAMS .
19-0138.02 Ed DeCecco x4216 SENATE BILL 19-016 SENATE SPONSORSHIP Donovan and Coram, HOUSE SPONSORSHIP Esgar and Saine, Roberts, Arndt, Catlin Senate Committees House Committees Agriculture & Natural Resources A BILL FOR AN ACT C ONCERNING THE METHODOLOGY TO DISTRIBUTE MONEY IN THE SEVERANCE TAX OPERATIONAL FUND AFTER CORE DEPARTMENTAL PROGRAMS ARE FUNDED WITHOUT CHANGING THE TRANSFERS TO THE NATURAL RESOURCES AND ENERGY GRANT PROGRAMS .
d d 9 Bill Summary e 1 E a 2 T U 3 (Note:
Bill Summary (Note:
This summary applies to this bill as introduced and does N g y S d a notreflectanyamendmentsthatmaybesubsequentlyadopted.Ifthisbill e n passes third reading in the house of introduction, a bill summary that d J applies to the reengrossed version of this bill will be available at http://leg.colorado.gov/.) d Water Resources Review Committee.
This summary applies to this bill as introduced and does notreflectanyamendmentsthatmaybesubsequentlyadopted.Ifthisbill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://leg.colorado.gov/.) e Water Resources Review Committee.
Money in the severance d 9 e 0 tax operational fund (operational fund) is primarily used for 2 purposes.
Money in the severance n 1 tax operational fund (operational fund) is primarily used for 2 purposes.
E a , A U 2 N n y Shading denotes HOUSE amendment.
m 2 T n 2 N g 2 Shading denotes HOUSE amendment.
S a a Capital letters or bold & italic numbers indicate new material to be added to existing statuten Dashes through the words indicate deletions from existing statute.
E d a Capital letters or bold & italic numbers indicate new material to be added to existing stntute.
Dashes through the words indicate deletions from existing statute.
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Amendments

1 amendment

Click Show changes on an amendment above to see how it modifies the bill.

Action History

  1. Governor Signed

  2. Sent to the Governor

  3. Signed by the President of the Senate

  4. Signed by the Speaker of the House

  5. House Third Reading Passed - No Amendments

  6. House Committee on Appropriations Refer Unamended to House Committee of the Whole

  7. House Second Reading Special Order - Passed - No Amendments

  8. House Committee on Finance Refer Unamended to Appropriations

  9. House Committee on Energy & Environment Refer Unamended to Finance

  10. Introduced In House - Assigned to Energy & Environment + Finance

  11. Senate Third Reading Passed - No Amendments

  12. Senate Second Reading Passed - No Amendments

  13. Senate Committee on Agriculture & Natural Resources Refer Unamended - Consent Calendar to Senate Committee of the Whole

  14. Introduced In Senate - Assigned to Agriculture & Natural Resources

Sponsors

  • Don Coram · Primary
  • Kerry Donovan · Primary
  • Daneya Esgar · Primary
  • Lori Saine · Primary

Sponsorship breakdown

Export CSV (upgrade) →

4 sponsors · 0 co-sponsors · 97 not signed on

Sponsors (4)

  • Don Coram
  • Kerry Donovan
  • Daneya Esgar
  • Lori Saine

Co-sponsors (0)

None.

Not signed on (97)

97 members have not signed on to this bill.

Show all 97 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

BILL

Passed 35 Yea · 0 Nay
Party YeaNayPresentNot Voting
Democrat 6000
Unaffiliated 28000
Republican 1000
Total 35000
% of votes cast 100%0%0%0%
How each member voted (35)
Member Party Vote
Cooke — Yea
Coram — Yea
Crowder — Yea
Donovan — Yea
Fenberg — Yea
Fields — Yea
Foote — Yea
Ginal — Yea
Hill — Yea
Holbert — Yea
Lee — Yea
Lundeen — Yea
Marble — Yea
Moreno — Yea
Pettersen — Yea
Priola — Yea
Rankin — Yea
Scott — Yea
Smallwood — Yea
Sonnenberg — Yea
Todd — Yea
Tate — Yea
Zenzinger — Yea
Court — Yea
Gardner — Yea
Hisey — Yea
Williams A. — Yea
Woodward — Yea
Jeff Bridges Democrat Yea
Jessie Danielson Democrat Yea
Julie Gonzales Democrat Yea
Lorena Garcia Democrat Yea
Robert Rodriguez Democrat Yea
Tammy Story Democrat Yea
Ty Winter Republican Yea

Official roll call →

Subjects

agriculture energy
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 19-016 do?
Severance tax operational fund - distribution - core departmental programs - natural resources and energy grant programs - reserve requirement - cap - transfer to the severance tax perpetual base fund. The act makes the following changes related to the distribution of the money in the severance tax operational fund (operational fund): Defines programs for the department of natural resources that are funded from the operational fund and that were known as "tier-one programs" as "core departmental programs"; Defines transfers that are made after the core departmental programs and a reserve requirement are funded and were known as "tier-two programs" as "transfers to the natural resources and energy grant programs"; Separates an existing reserve into 2 separate reserves, the core reserve and the grant program reserve, while maintaining the overall purpose of each reserve; Establishes a cap on the grant program reserve equal to the maximum transfers to the natural resources and energy grant programs required by law; Requires the state treasurer to make the transfers to the natural resources and energy grant programs on August 15 after a fiscal year and to base the transfers on actual revenue as opposed to estimated revenue; Permits money from the grant program reserve to be used for the transfers to the natural resources and energy grant programs; and If all of the appropriations and transfers have been made and both reserves are full, then requires the state treasurer to transfer any money remaining in the operational fund to the severance tax perpetual base fund.(Note: This summary applies to this bill as enacted.) Read More
Who sponsors SB 19-016?
SB 19-016 is sponsored by Don Coram, Kerry Donovan, Daneya Esgar, and Lori Saine.
What is the current status of SB 19-016?
This bill has been enacted into law. Introduced January 04, 2019. Enacted.
Where can I track SB 19-016?
Track SB 19-016 free on One Click Politics — get push/email alerts when it moves.

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