Colorado HB1403 prevents the transfer of unexpended information technology annual depreciation-lease equivalent payments to the general fund.

Colorado HB1403 amends the state's statutes to prohibit the state treasurer from transferring any money that was transferred, credited, or paid into the information technology capital account as an information technology annual depreciation-lease equivalent payment to the general fund. This applies to state fiscal years commencing on or after July 1, 2026. The bill also specifies that for state fiscal years commencing on or after July 1, 2025, the state treasurer shall transfer any unappropriated balances in the information technology capital account to the general fund at the end of the.

Colorado HB1403 prevents the transfer of unexpended information technology annual depreciation-lease equivalent payments to the general fund.

Colorado HB1403 amends the state's statutes to prohibit the state treasurer from transferring any money that was transferred, credited, or paid into the information technology capital account as an information technology annual depreciation-lease equivalent payment to the general fund. This applies to state fiscal years commencing on or after July 1, 2026. The bill also specifies that for state fiscal years commencing on or after July 1, 2025, the state treasurer shall transfer any unappropriated balances in the information technology capital account to the general fund at the end of the.