ColoradoTransfer Proposition KK Money ARPA Cash Fund
What it does
The act creates the behavioral and mental health excise tax cash fund that is designated to hold money received from the firearm and ammunition excise tax (Proposition KK) for certain behavioral health-related purposes.
More detail
Current law requires $8 million that is received from Proposition KK to be transferred to the behavioral and mental health cash fund. The act requires this money to instead be transferred to the behavioral and mental health excise tax cash fund.
The act requires the state treasurer to transfer the Proposition KK money in the behavioral and mental health cash fund to the behavioral and mental health excise tax cash fund.
Current law repeals the behavioral and mental health cash fund on July 1, 2032. The act changes the repeal date to July 1, 2027. (Note: This summary applies to this bill as enacted.)
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- May 31Governor Jared Polis SignedBecame Law
- May 13Sent to the GovernorTo Governor
- May 13Signed by the President of the Senate
- May 13Signed by the Speaker of the House
- May 3House Third Reading Passed - No AmendmentsPassed House
- Vote recorded BILL. Result: pass.Lower
- May 2House Second Reading Special Order - Passed - No Amendments
- May 1House Second Reading Laid Over Daily - No Amendments
- Apr 29House Committee on Appropriations Refer Unamended to House Committee of the WholeMinor
- Apr 25Senate Third Reading Passed - No AmendmentsPassed Senate
- Vote recorded BILL. Result: pass.Upper
- Apr 25Introduced In House - Assigned to AppropriationsMinor
- Apr 24Senate Second Reading Passed - No AmendmentsMinor
- Apr 22Senate Committee on Appropriations Refer Unamended to Senate Committee of the WholeMinor
- Apr 15Introduced In Senate - Assigned to AppropriationsIntroduced