Colo. Rev. Stat. § 24-75-106.5

Current through Acts effective through 6/7/2024 of the 2024 Legislative Session
Section 24-75-106.5 - Transfers between departments of health care policy and financing and human services for corresponding items of appropriation - limitations - repeal
(1) Subject to the provisions of subsection (2) of this section, upon approval of the governor:
(a) The executive director of the department of health care policy and financing may transfer general fund or reappropriated funds spending authority from one or more items of appropriation made to that department in the annual general appropriations act to one or more corresponding items of appropriation made to the department of human services in the act.
(b) The executive director of the department of human services may transfer general fund or reappropriated funds spending authority from one or more items of appropriation made to that department in the annual general appropriations act to one or more corresponding items of appropriation made to the department of health care policy and financing in the act.
(2) The governor may approve a transfer of spending authority between one or more corresponding items of appropriation of the departments of health care policy and financing and human services pursuant to subsection (1) of this section only if:
(a) Authority for the transfer of spending authority has been expressly granted in a footnote in the annual general appropriations act;
(b) The amount of spending authority to be transferred does not exceed the maximum amount, if any, specified in the footnote authorizing the transfer; and
(c) The transfer is not otherwise authorized pursuant to section 24-75-106.
(3) The transfers authorized by this section shall:
(a) Be in addition to any other transfers between the departments of health care policy and financing and human services authorized by law; and
(b) Apply to the 2008-09 and subsequent general appropriations acts.
(4) The governor shall report to the joint budget committee no later than October 1 after the close of the fiscal year on any transfers approved by the governor pursuant to this section.
(5) This section is repealed, effective September 1, 2025.

C.R.S. § 24-75-106.5

Amended by 2020 Ch. 306, § 6, eff. 7/14/2020.
Amended by 2014 Ch. 123, § 3, eff. 4/18/2014.
L. 2009: Entire section added, (HB 09-1222), ch. 1062, p. 1062, § 3, effective May 4. L. 2014: (5) amended, (HB 14-1308), ch. 439, p. 439, § 3, effective April 18. L. 2020: (5) amended, (HB 20-1426), ch. 1558, p. 1558, § 6, effective July 14.