Second Regular Session
              Sixty-ninth General Assembly
                    STATE OF COLORADO
                                                 INTRODUCED
                                                           
                                                           
 LLS NO. 14-0652.01 Ed DeCecco x4216     SENATE BILL 14-085
                   SENATE SPONSORSHIP
 Hill,
 
                    HOUSE SPONSORSHIP
 (None),
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 Senate Committees
 House Committees
 
 
 Appropriations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                         A BILL FOR AN ACT
       Concerning a one percent reduction in the state budget for
            the state fiscal year 2014-15.
       
       
                           Bill Summary
       
            (Note:  This summary applies to this bill as introduced and does
       not reflect any amendments that may be subsequently adopted. If this bill
       passes third reading in the house of introduction, a bill summary that
       applies to the reengrossed version of this bill will be available at
       http://www.leg.state.co.us/billsummaries.)
       
            For the state fiscal year 2014-15, the bill requires there to be at
       least a 1% reduction from the state fiscal year 2013-14 for:
                 The general assembly's total appropriations to the
                 legislative branch, the judicial branch, and each executive
                 department;
                 A state agency's use of continuously appropriated moneys;
                 and
                 A state agency's use of federal funds.
            The bill also requires an amount equal to the anticipated reduction
       of state appropriations and spending from continuously appropriated
       funds to be refunded to taxpayers through the sales tax refund mechanism
       that is used to refund excess state revenues.
       
       
       
       Be it enacted by the General Assembly of the State of Colorado:
            SECTION 1.  In Colorado Revised Statutes, add 24-75-224 as
       follows:
            24-75-224.  Reduce spending - appropriations - continuously
       appropriated cash funds - federal funds - refund - definitions - repeal.
       (1)  As used in this section:
            (a)  "State agency" means any department, commission,
       council, board, bureau, committee, institution of higher
       education, agency, or other governmental unit of the executive,
       legislative, or judicial branch of state government.
            (b)  "Total state spending reduction" means the
       anticipated total of the reduction in appropriations required by
       subsection (2) of this section and the reduction in spending
       required by subsection (3) of this section that are reported to
       the state controller under paragraph (a) of subsection (5) of
       this section.
            (2)  Notwithstanding any other provision of law, for the
       state fiscal year 2014-15, the general assembly shall reduce the
       total appropriations to the legislative branch, the judicial
       branch, and each executive department by one percent from the
       state fiscal year 2013-14.
            (3)  Notwithstanding any other provision of law, for the
       state fiscal year 2014-15, a state agency shall reduce its
       spending from a cash fund that consists of moneys that are
       continuously appropriated to the agency by at least one
       percent from its spending from the fund for the state fiscal year
       2013-14. This subsection (3) does not apply to a cash fund created
       during the fiscal year 2014-15.
            (4)  Notwithstanding any other provision of law, for the
       state fiscal year 2014-15, a state agency shall reduce its
       spending of federal funds by at least one percent from its
       spending of the same type of federal funds for the state fiscal
       year 2013-14. This subsection (4) does not apply to new federal
       funds received during the fiscal year 2014-15.
            (5) (a)  No later than September 1, 2014:
            (I)  The staff director of the joint budget committee shall
       notify the state controller of the anticipated amount of the
       reduction in appropriations that is required by subsection (2) of
       this section; and
            (II)  Each state agency shall report to the state
       controller the anticipated amount of the reduction in spending
       from a cash fund that is required by subsection (3) of this
       section.
            (b)  Based on the information received pursuant to
       paragraph (a) of this subsection (5), the state controller shall
       certify the total state spending reduction.
            (c)  The department of revenue shall refund an amount
       equal to the total state spending reduction in the same manner
       as if it was excess state revenues that are required to be
       refunded entirely under part 20 of article 22 of title 39, C.R.S.,
       for the taxable year commencing on January 1, 2014, and ending
       on December 31, 2014.
            (6)  This section is repealed, effective July 1, 2016.
            SECTION 2.  Safety clause. The general assembly hereby finds,
       determines, and declares that this act is necessary for the immediate
       preservation of the public peace, health, and safety.