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CO SB106

CO SB106
Department of Regulatory Agencies Supplemental


summary

Introduced
02/03/2025
In Committee
02/11/2025
Crossed Over
02/21/2025
Passed
02/21/2025
Dead
Signed/Enacted/Adopted
02/27/2025

Introduced Session

2025 Regular Session

Bill Summary

CONCERNING A SUPPLEMENTAL APPROPRIATION TO THE DEPARTMENT OF REGULATORY AGENCIES.

AI Summary

This bill is a supplemental appropriation bill for the Department of Regulatory Agencies (DORA) for the fiscal year beginning July 1, 2024, which provides detailed funding allocations across various divisions and offices within the department. The bill specifies line-item budget allocations for different DORA divisions, including the Executive Director's Office, Division of Banking, Civil Rights Division, Office of the Utility Consumer Advocate, Division of Financial Services, Division of Insurance, Public Utilities Commission, Division of Real Estate, Division of Professions and Occupations, Division of Securities, and Division of Conservation. The appropriations come from multiple funding sources, including the general fund, cash funds from specific programs (such as the Division of Insurance Cash Fund), reappropriated funds, and federal funds. Each division's budget covers essential expenses like personal services (salaries), operating expenses, indirect cost assessments, and specific program-related costs. The total appropriation for DORA is adjusted from the previous amount of $141,586,119 to $141,737,920, with funding sources including $3,378,996 from the general fund, $128,778,787 from various cash funds, $7,690,316 from reappropriated funds, and $1,889,821 from federal funds. The bill includes a safety clause indicating its immediate necessity for public peace, health, safety, and state department support.

Committee Categories

Budget and Finance

Sponsors (8)

Last Action

Governor Signed (on 02/27/2025)

bill text


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