SB 19-051

  • Colorado Senate Bill
  • 2019 Regular Session
  • Introduced in Senate Jan 08, 2019
  • Senate
  • House
  • Governor

Increase General Fund Funding For Transportation

Abstract

Current law, enacted in Senate Bill 18-001, requires the state treasurer to transfer, on July 1, 2019, a total amount of $150 million from the general fund to fund transportation needs as follows: $105 million (70%) to the state highway fund; $22.5 million (15%) to the highway users tax fund for allocation in equal shares to counties and municipalities; and $22.5 million (15%) to the multimodal transportation options fund. The bill increases the total amount of the July 1, 2019, transfer to $340 million so that the amount of the individual transfer to the multimodal transportation options fund is unchanged and the individual transfers to the state highway fund and the highway users tax fund are increased to the following amounts: $266.5 million (78.38%) to the state highway fund; $51 million (15%) to the highway users tax fund for allocation in equal shares to counties and municipalities; and $22.5 million (6.62%) to the multimodal transportation options fund.(Note: This summary applies to this bill as introduced.) Read More

Bill Sponsors (2)

Votes


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Actions


Apr 25, 2019

Senate

Senate Committee on Transportation & Energy Postpone Indefinitely

Transportation & Energy

Apr 23, 2019

Senate

Senate Committee on Transportation & Energy Lay Over Unamended - Amendment(s) Failed

Transportation & Energy

Jan 08, 2019

Senate

Introduced In Senate - Assigned to Transportation & Energy + Appropriations

  • Introduction
Appropriations Transportation & Energy

Bill Text

Bill Text Versions Format
Committee Amendment PDF
Introduced (01/08/2019) PDF

Related Documents

Document Format
Fiscal Note FN1 (01/15/2019) PDF
Fiscal Note FN2 (05/31/2019) PDF

Sources

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