Colorado Capitol Watch
border Logo hdr_right_bottom

Bill Detail: HB20-1377

Return to list of bills

 

Title Fund Controlled Maintenance Projects
Status Governor Signed (06/30/2020)
Bill Subjects
  • State Government
House Sponsors D. Esgar (D)
J. McCluskie (D)
Senate Sponsors B. Rankin (R)
R. Zenzinger (D)
House Committee Appropriations
Senate Committee Appropriations
Date Introduced 05/26/2020
Description

Joint Budget Committee. Under current law, enacted by Senate
Bill 17-267, the state will execute the second of 4 tranches of

lease-purchase agreements of up to $500 million in principal value each
before the end of state fiscal year 2019-20 for the sole purpose of funding
transportation projects. Due to a favorable interest rate environment, the
state is expected to actually receive more than $500 million of proceeds
from the execution of this second tranche of lease-purchase agreements.
The bill requires the lesser of all of proceeds received in excess of $500
million or $49 million of such proceeds to be credited to the capital
construction fund and appropriated for controlled maintenance projects
instead of transportation projects.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (05/26/2020) (most recent)  
Additional Bill Documents Bill Documents
Including:
  • Past bill versions
  • Past fiscal notes
  • Committee activity and documents
  • Bill History
 
Lobbyists Lobbyists
Audio  
Votes House and Senate Votes
Vote Totals Vote Totals by Party
 
border   border
 
Copyright © 2019 State Capitol Watch