Amendment vs bill Committee Amendment vs Engrossed

Struck = removed from the bill ยท added = the amendment's new text.

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First Regular Session Seventy-fifth General Assembly STATE OF COLORADO ENGROSSED This Version Includes All Amendments Adopted on Second Reading in the House of Introduction LLS NO.
SB114_H_APP.001 NOT AMENDED HOUSE COMMITTEE OF REFERENCE REPORT _______________________________ February 11, 2025 Chair of Committee Date Committee on Appropriations .
25-0825.01 Jed Franklin x5484 SENATE BILL 25-114 SENATE SPONSORSHIP Amabile and Kirkmeyer, Bridges HOUSE SPONSORSHIP Bird and Taggart, Sirota Senate Committees House Committees Appropriations A BILL FOR AN ACT C ONCERNING THE REPEAL OF THE FINANCIAL LITERACY AND EXCHANGE PROGRAM .
After consideration on the merits, the Committee recommends the following:
Bill Summary (Note:
SB25-114 be referred to the Committee of the Whole with favorable recommendation.
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/.) Joint Budget Committee.
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In 2022, the general assembly created thefinancialliteracyandexchange(FLEX)program.TheFLEXprogram allows households participating in the state housing voucher program to open an escrow-like savings account.
FLEX account holders receive a e $200 monthly match and access to services such as financial mentoring, n 5 life skills training, and asset management.
No households have been m 0 T n , N g r Shading denotes HOUSE amendment.
Double underlining denotes SENATE amendment.
E d u Capital letters or bold & italic numbers indicate new material to be added to existing law.
b Dashes through the words or numbers indicate deletions from existing law.
d F enrolled in the FLEX program due to the FLEX account administrators' inability to provide case management and other additional services without compensation.
The bill transfers all the unexpended and unencumbered money in the FLEX fund to the general fund on June 30, 2025, and repeals the FLEX program on July 1, 2025.
Be it enacted by the General Assembly of the State of Colorado:
SECTION 1.
In Colorado Revised Statutes, 24-32-726, add (7)(c) and (9) as follows:
24-32-726.
Financialliteracyandexchangeprogram-creation -FLEXaccounts-FLEXcashfund-transfer-shorttitle-legislative declaration - definitions - repeal.
(7) (c) O30,2025, THE STATE TREASURERSHALLTRANSFERALLTHEUNEXPENDEDANDUNENCUMBERED MONEY IN THE FLEX FUND TO THE GENERAL FUND .
(9) THIS SECTION IS REPEALE,EFFECTIVE JULY 1, 2025.
SECTION 2.
Safety clause.
The general assembly finds, determines, and declares that this act is necessary for the immediate preservationofthepublicpeace,health,orsafetyorforappropriationsfor the support and maintenance of the departments of the state and state institutions.
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