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Bill Detail: HB20-1408

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Title Distribution Of HB20-1377 Capital Construction Fund Money
Status Governor Signed (07/10/2020)
Bill Subjects
  • Fiscal Policy & Taxes
House Sponsors A. Valdez (D)
D. Roberts (D)
Senate Sponsors J. Sonnenberg (R)
T. Story (D)
House Committee Finance
Senate Committee Finance
Date Introduced 06/03/2020
Description


Capital Development Committee. The bill specifies that the
money credited to the capital construction fund pursuant to House Bill
20-1377 must be appropriated in the following priority:
  • $34,098,768 for current year and out year level 1 controlled
maintenance projects;
  • $3,779,372 for the capital renewal project at University of
Northern Colorado for the Boiler #3 Replacement;
  • $2,819,630 for the capital renewal project at Adams State
University for the Plachy Hall HVAC Upgrade and
Replacement; and
  • Any remaining money is appropriated to the emergency
controlled maintenance account.
The bill also specifies that in the event there is insufficient money
credited to the capital construction fund to fully fund the first 3
appropriations, no partial projects may proceed with partial
appropriations. Any partial appropriation must instead be appropriated to
the emergency controlled maintenance account.

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