- District 21
Current law states that for every appropriation in the capital construction section of the annual general appropriation act, the general assembly is required to provide funding for annual depreciation-lease equivalent payments. Currently, the annual depreciation-lease equivalent payments are credited to the fund that was the source of the original capital construction appropriation. For the 2021-22 fiscal year through the 2028-29 fiscal year, section 1 of the bill requires the annual depreciation-lease equivalent payments to be credited to the capitol complex renovation fund. Section 1 also requires each state agency that terminates a lease for private space to calculate the annual reduction in its costs for leased space. For specified fiscal years, the general assembly is required to transfer an amount equal to each state agency's annual reduction in lease costs to the capital construction fund.Section 2 creates the capitol complex renovation fund (fund) and specifies that the money in the fund is appropriated to the department of personnel for certain capital construction needs for existing state-owned buildings in the capitol complex. Section 2 also requires money in the fund to be set aside for use by the legislative department for improvements to legislative spaces in the capitol complex. In addition, section 2 requires the department of personnel to submit a quarterly report to the capital development committee regarding the status of the capitol complex renovations funded with money in the fund.Section 3 requires that any unexpended and unencumbered money appropriated to a department in a specific line item for utilities in a fiscal year remains available for expenditure in the next fiscal year without further appropriation for the department to purchase utilities conservation equipment or services.Section 4 transfers $18,600,000 from the capitol complex master plan implementation fund to the capitol complex renovation fund. Current law specifies that the legislative department has control of and is responsible for supervising the maintenance of legislative spaces in certain buildings in the capitol complex and the grounds adjacent to the capitol building. Section 4 Section 5 includes 2 floors of the capitol building annex at 1375 Sherman street in the spaces over which the general assembly has control and is responsible for the supervision of maintenance.Section 6 makes an appropriation from the capitol complex renovation fund to the department of personnel for the 2022-23 state fiscal year. (Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.) (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Sent to the Governor
Signed by the Speaker of the House
Signed by the President of the Senate
House Third Reading Passed - No Amendments
Senate Third Reading Passed - No Amendments
|Bill Text Versions||Format|
|Signed Act (06/07/2022)|
|Final Act (05/25/2022)|
|Fiscal Note SA1 (05/06/2022)|
|Fiscal Note SA2 (05/10/2022)|
|Fiscal Note FN1 (05/05/2022)|
|Fiscal Note FN2 (05/10/2022)|
Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.