C.R.S. Section 24-75-219
Transfers

  • transportation
  • capital construction
  • definitions
  • repeal

(1)

As used in this section, unless the context otherwise requires:

(a)

“Capital construction fund” means the capital construction fund created in section 24-75-302.

(b)

Repealed.

(c)

“Funds” means the highway users tax fund and the capital construction fund.

(d)

“Highway users tax fund” means the highway users tax fund created in section 43-4-201, C.R.S.

(e)

and (f) Repealed.

(g)

“Multimodal transportation and mitigation options fund” means the multimodal transportation and mitigation options fund created in section 43-4-1103 (1).

(g.5)

“Revitalizing main streets program” means the department of transportation’s grant program to support communities across the state as they build and improve multimodal infrastructure in a way that safely connects Coloradans to the community-focused downtowns where they live, work, dine, and shop.

(h)

“State highway fund” means the state highway fund created in section 43-1-219.

(2)

to (5) Repealed.

(6)

On March 19, 2021, the state treasurer shall transfer thirty million dollars from the general fund to the state highway fund for the purpose of providing additional funding for the revitalizing main streets and safer main streets programs of the department of transportation.

(7)

In addition to any other transfers required by this section:

(a)

On June 30, 2021, from the money that the state received from either the federal coronavirus state fiscal recovery fund under section 9901 of title IX, subtitle M of the federal “American Rescue Plan Act of 2021”, Pub.L. 117-2, which is eligible to be used as specified in section 602 (c)(I)(C) of said section 9901, or from the general fund, as specified, the state treasurer shall transfer:

(I)

One hundred eighty-two million one hundred sixty thousand dollars from money the state received from the federal coronavirus state fiscal recovery fund to the state highway fund. Of this amount, twenty-two million one hundred sixty thousand dollars is for the purpose of providing additional funding for the revitalizing main streets program and five hundred thousand dollars is for the purpose of acquiring, planning the development of, or developing the Burnham Yard rail property in Denver.

(II)

One hundred sixty-one million three hundred forty thousand dollars from money the state received from the federal coronavirus state fiscal recovery fund to the multimodal transportation and mitigation options fund; and

(III)

Thirty-six million five hundred thousand dollars from the general fund to the highway users tax fund.

(b)

On July 1, 2021, the state treasurer shall transfer one hundred seventy million dollars from the general fund to the state highway fund.

(b.5)

On July 1, 2022, the state treasurer shall transfer:

(I)

Forty-seven million one hundred thousand dollars from the general fund to the state highway fund; and

(II)

Thirty-one million four hundred thousand dollars from the general fund to the highway users tax fund.

(c)

On each July 1 from July 1, 2024, through July 1, 2031, the state treasurer shall transfer:

(I)

Ten million five hundred thousand dollars from the general fund to the multimodal transportation and mitigation options fund; and

(II)

Seven million dollars from the general fund to the state highway fund for the purpose of providing additional funding for the revitalizing main streets program.

(d)

Intentionally left blank —Ed.

(I)

On each July 1 from July 1, 2024, through July 1, 2028, the state treasurer shall transfer one hundred million dollars from the general fund to the state highway fund; and

(II)

On each July 1 from July 1, 2029, through July 1, 2031, the state treasurer shall transfer eighty-two million five hundred thousand dollars from the general fund to the state highway fund.

(e)

The department of transportation shall expend ten million dollars of each transfer from the general fund to the state highway fund made pursuant to subsection (7)(d)(I) of this section from July 1, 2024, through July 1, 2028, solely to mitigate the environmental and health impacts of increased air pollution from motor vehicle emissions in nonattainment areas by funding projects that reduce vehicle miles traveled or that directly reduce air pollution.

(f)

Intentionally left blank —Ed.

(I)

On June 30, 2022, the state treasurer shall transfer from the general fund an amount equal to the lesser of fifty percent of the amount by which revenue for the 2020-21 state fiscal year that is subject to the excess state revenues cap, as defined in section 24-77-103.6 (6)(b), and does not exceed the cap exceeded what the cap would have been if the cap had been calculated in accordance with law in effect immediately prior to the enactment of Senate Bill 21-260, enacted in 2021, or one hundred fifteen million dollars as follows:

(A)

Ninety-four percent of the amount to the multimodal transportation and mitigation options fund; and

(B)

Six percent of the amount to the state highway fund for the purpose of providing additional funding for the revitalizing main streets program.

(II)

On June 30, 2023, and on June 30 of each succeeding state fiscal year through June 30, 2026, the state treasurer shall transfer from the general fund an amount equal to the lesser of fifty percent of the amount by which revenue for the prior state fiscal year that is subject to the excess state revenues cap, as defined in section 24-77-103.6 (6)(b), and does not exceed the cap for the prior state fiscal year is estimated to exceed what the cap would have been if the cap had been calculated in accordance with law in effect immediately prior to the enactment of Senate Bill 21-260, enacted in 2021, or one hundred fifteen million dollars less the cumulative amount of all transfers previously made pursuant to this subsection (7)(f) as follows:

(A)

Ninety-four percent of the amount to the multimodal transportation and mitigation options fund; and

(B)

Six percent of the amount to the state highway fund for the purpose of providing additional funding for the revitalizing main streets program.

(g)

and (h) Repealed.
(i)
Intentionally left blank —Ed.

(I)

On July 1, 2023, the state treasurer shall transfer five million dollars from the general fund to the state highway fund. The money transferred pursuant to this subsection (7)(i)(I) must be used by the department of transportation for the purpose of developing comprehensive operational capacity to maximize utilization and implementation of federal infrastructure funding.

(II)

This subsection (7)(i) is repealed, effective July 1, 2025.

(j)

Intentionally left blank —Ed.

(I)

On October 1, 2023, the state treasurer shall transfer, for the 2023-24 state fiscal year, from the general fund to the marijuana cash fund, created in section 44-10-801, the amount of money that the department of revenue reports to the state treasurer pursuant to section 44-10-801 (6).

(II)

This subsection (7)(j) is repealed, effective September 1, 2024.

Source: Section 24-75-219 — Transfers - transportation - capital construction - definitions - repeal, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-24.­pdf (accessed Oct. 20, 2023).

24‑75‑101
Deficiency in revenue
24‑75‑102
When appropriations expended - balance
24‑75‑103
Exceptions to transfer of balances
24‑75‑104
Gifts and bequests to state institutions of higher education - effect
24‑75‑105
Transfers required to implement conditional and centralized appropriations - repeal
24‑75‑106
Transfers between departments of health care policy and financing and human services for materially similar items of appropriation for medicaid programs - limitation - repeal
24‑75‑106.5
Transfers between departments of health care policy and financing and human services for corresponding items of appropriation - limitations - repeal
24‑75‑107
Cash fund transfers pursuant to sections 24-75-105 and 24-75-106 - repeal
24‑75‑108
Intradepartmental transfers between appropriations - repeal
24‑75‑109
Controller may allow expenditures in excess of appropriations - limitations - appropriations for subsequent fiscal year restricted - repeal
24‑75‑110
Limitation on judicial department - repeal
24‑75‑111
Additional authority for controller to allow expenditures in excess of appropriations - limitations - appropriations for subsequent fiscal year restricted
24‑75‑111.5
Additional authority for controller to allow expenditures for capital construction items in certain circumstances - definition
24‑75‑112
Annual general appropriation act - headnote definitions - general provisions - footnotes
24‑75‑112.5
Appropriation clauses - general provisions - legislative declaration - definition
24‑75‑113
2010 bills to increase state revenue - prohibition on hiring of new state employees
24‑75‑114
Appropriations for utilities - roll-forward spending authority - definition
24‑75‑115
Use of state funds - marketing featuring elected officials - prohibition
24‑75‑201
General fund - general fund surplus - custodial money
24‑75‑201.1
Restriction on state appropriations - legislative declaration - definitions
24‑75‑201.2
Restriction on state spending - unrestricted general fund year-end balances
24‑75‑201.3
Procedures relating to revenue estimates
24‑75‑201.5
Revenue shortfalls - required actions by the governor with respect to the reserve
24‑75‑201.7
Enforcement of state spending restriction - punitive or exemplary damages - property tax relief fund - creation
24‑75‑202
Imprest cash accounts
24‑75‑203
Loans and advances
24‑75‑204
Reports
24‑75‑205
Insurance and retirement reserves
24‑75‑206
Legislative declaration
24‑75‑207
Definitions
24‑75‑208
Investment of treasury funds
24‑75‑209
Payment of general fund warrants or checks
24‑75‑210
Reports to governor
24‑75‑219
Transfers - transportation - capital construction - definitions - repeal
24‑75‑220
State education fund - transfers - surplus - legislative declaration
24‑75‑225
Care subfund - creation - administration - transfer - legislative declaration
24‑75‑226
“American Rescue Plan Act of 2021” cash fund - creation - recipient funds - limitations - reporting - legislative declaration - definitions - repeal
24‑75‑227
Revenue loss restoration cash fund - creation - allowable uses - definitions - repeal
24‑75‑228
Economic recovery and relief cash fund - creation - allowable uses - interim task force - report - legislative declaration - definitions - repeal
24‑75‑229
Affordable housing and home ownership cash fund - creation - allowable uses - task force - legislative declaration - definitions - repeal
24‑75‑230
Behavioral and mental health cash fund - creation - allowable uses - task force - definitions - repeal
24‑75‑231
Workers, employers, and workforce centers cash fund - creation - allowable uses - definitions - repeal
24‑75‑232
“Infrastructure Investment and Jobs Act” cash fund - creation - allowable uses - report - legislative declaration - definitions - repeal
24‑75‑301
Definitions
24‑75‑302
Capital construction fund - capital assessment fees - calculation - information technology capital account
24‑75‑302.5
Controlled maintenance - trust fund - legislative declaration
24‑75‑303
Appropriation for capital construction
24‑75‑304
Legislative declaration
24‑75‑305
Transfers from capital construction fund
24‑75‑307
Capitol complex master plan implementation fund - creation - transfers for fund
24‑75‑401
Cash funds abolished
24‑75‑402
Cash funds - limit on uncommitted reserves - reduction in the amount of fees - exclusions - definitions
24‑75‑403
Capital reserve - creation - annual appropriation - definitions
24‑75‑601
Definitions
24‑75‑601.1
Legal investments of public funds - definition
24‑75‑601.2
Prior investments valid
24‑75‑601.3
Remedial actions - investments not made in conformance with statute
24‑75‑601.4
Liability of officials of public entities
24‑75‑601.5
Liability for sale of unlawful investments to public entities
24‑75‑602
Bonds of housing authority as legal investments
24‑75‑603
Depositories
24‑75‑604
Investments in bonds issued by member institutions of the farm credit system
24‑75‑605
Legal investments - cities of twenty-five thousand or more population - limitation in class of investments
24‑75‑701
Definitions
24‑75‑702
Local governments - authority to pool surplus funds
24‑75‑703
Local government investment pooling - trust method - resolution - filing requirements
24‑75‑704
Investments - limitations
24‑75‑705
Board of trustees - duties - liabilities
24‑75‑706
Custodian - location - unlawful activities
24‑75‑707
Investment adviser - duties - unlawful activities
24‑75‑708
Administrator - duties - unlawful activities
24‑75‑709
Administration and enforcement
24‑75‑901
Short title
24‑75‑902
Legislative declaration
24‑75‑903
Definitions
24‑75‑904
Computations
24‑75‑905
Authority to issue and sell notes
24‑75‑906
Limitation on amount of notes
24‑75‑907
Form and terms of notes
24‑75‑908
Execution of notes
24‑75‑909
Manner of sale of notes
24‑75‑910
Investment or deposit of proceeds - income therefrom
24‑75‑911
No debt created
24‑75‑912
Notes as legal investments and eligible collateral
24‑75‑913
Construction with other statutes
24‑75‑914
State auditor - report
24‑75‑915
Saving clause
24‑75‑1001
Higher education fund
24‑75‑1101
Legislative declaration
24‑75‑1102
Definitions
24‑75‑1103
Policy on use of tobacco settlement funds
24‑75‑1104.5
Use of settlement money - programs - repeal
24‑75‑1107
Loss of disputed payments - authorization for transfers to tobacco litigation settlement cash fund
24‑75‑1301
Definitions
24‑75‑1302
State agencies - information obtained with grants
24‑75‑1303
Report to general assembly
24‑75‑1305
Programs or services reliant on grants - statutory reauthorization of program
24‑75‑1401
Indirect costs excess recovery fund - creation - departmental accounts - use of fund - definitions - repeal
Green check means up to date. Up to date

Current through Fall 2024

§ 24-75-219’s source at colorado​.gov