Colorado HB1402 mandates transfers of funds from the general fund and community impact cash fund to the capital construction fund and information.

Colorado HB1402 directs the state treasurer and the controller to transfer funds from the general fund to the capital construction fund and the information technology capital account. Specifically, it mandates transfers of $131,514,555, $70,811,334, $20,557,433, and $3,420,943 on July 1, 2026, July 1, 2024, July 1, 2025, and July 1, 2026, respectively. Additionally, it requires the transfer of $1,748,863 from the community impact cash fund to the information technology capital account on July 1, 2026. These transfers are not subject to the limitations of section 24-75-201.1.

Colorado HB1402 mandates transfers of funds from the general fund and community impact cash fund to the capital construction fund and information.

Colorado HB1402 directs the state treasurer and the controller to transfer funds from the general fund to the capital construction fund and the information technology capital account. Specifically, it mandates transfers of $131,514,555, $70,811,334, $20,557,433, and $3,420,943 on July 1, 2026, July 1, 2024, July 1, 2025, and July 1, 2026, respectively. Additionally, it requires the transfer of $1,748,863 from the community impact cash fund to the information technology capital account on July 1, 2026. These transfers are not subject to the limitations of section 24-75-201.1.