Colorado 2020 Regular Session Status: Died

SB 20-141 — Cash Funds Maximum Reserve Exception

Last action — Senate Committee on Finance Postpone Indefinitely

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  1. ✓
    Introduced
  2. Died in session

This bill died with 2020 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

A cash fund with fee revenue has a limit on the amount of uncommitted reserves that there may be at the end of a fiscal year, which limit is equal to 16.5% of the amount expended from the cash fund during the fiscal year. The bill exempts from this maximum reserve the following cash funds administered by the division of fire prevention and control in the department of public safety: The fire suppression cash fund; The public school construction and inspection cash fund; and The health facility construction and inspection cash fund.(Note: This summary applies to this bill as introduced.)

Bill Text

Amendments

1 amendment

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Action History

  1. Senate Committee on Finance Postpone Indefinitely

  2. Introduced In Senate - Assigned to Finance

Sponsors

  • Dennis Hisey · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 101 not signed on

Sponsors (1)

  • Dennis Hisey

Co-sponsors (0)

None.

Not signed on (101)

101 members have not signed on to this bill.

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"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.

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Subjects

public-safety healthcare education
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Frequently asked questions

What does SB 20-141 do?
A cash fund with fee revenue has a limit on the amount of uncommitted reserves that there may be at the end of a fiscal year, which limit is equal to 16.5% of the amount expended from the cash fund during the fiscal year. The bill exempts from this maximum reserve the following cash funds administered by the division of fire prevention and control in the department of public safety: The fire suppression cash fund; The public school construction and inspection cash fund; and The health facility construction and inspection cash fund.(Note: This summary applies to this bill as introduced.)
Who sponsors SB 20-141?
SB 20-141 is sponsored by Dennis Hisey.
What is the current status of SB 20-141?
This bill died with 2020 Regular Session. It reached “Introduced” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 20-141?
Track SB 20-141 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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