Colo. Rev. Stat. § 24-75-114

Current through Acts effective through 6/7/2024 of the 2024 Legislative Session
Section 24-75-114 - Appropriations for utilities - roll-forward spending authority - definition
(1) As used in this section, unless the context otherwise requires, "utilities" has the same meaning as set forth in section 24-75-112 (1)(q).
(2) Subject to fiscal rules promulgated by the state controller, any unexpended and unencumbered money appropriated to a department in a specific line item for utilities in a fiscal year commencing on or after July 1, 2021, remains available for expenditure in the next fiscal year without further appropriation for the department to purchase utilities conservation equipment or services. At the end of the next fiscal year, money that is unexpended or unencumbered reverts to the fund from which it was appropriated.
(3) Subsection (2) of this section does not apply to a line item from which utility expenses are paid but that is not specifically identified as "utilities".

C.R.S. § 24-75-114

Added by 2022 Ch. 411, § 3, eff. 8/10/2022.
2022 Ch. 411, was passed without a safety clause. See Colo. Const. art. V, § 1(3).