---
type: "Bill"
title: "Fund Controlled Maintenance Projects"
description: "Under current law, enacted by Senate Bill 17-267, the state executed the second of 4 tranches of lease-purchase agreements of up to $500 million in principal value each before the end of state fiscal year 2019-20 for the sole purpose of funding transportation projects. Due to a favorable interest rate environment, the state actually received more than $600 million of proceeds from the execution of this second tranche of lease-purchase agreements. The act requires the first $49 million of proceeds received in excess of $500 million to be credited to the capital construction fund and appropriated for controlled maintenance projects, including controlled maintenance projects that are capital renewal projects, instead of transportation projects."
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2020A"
identifier: "HB 20-1377"
citation: "Colorado HB 20-1377 (2020A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Bob Rankin", "Daneya Esgar", "Julie McCluskie", "Rachel Zenzinger"]
version_count: 8
action_count: 14
vote_count: 2
first_action: "2020-05-26T06:00:00+00:00"
last_action: "2020-06-30T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/18483426-ab3c-4a67-bc8b-23762f752e33"
source_url: "http://leg.colorado.gov/bills/hb20-1377"
source_hash: "1dc5969a85e6d8c8a6c896d0f60d43aa9c3a554bba5b520e529c4499b9d0cf62"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-co"]
---

# Colorado HB 20-1377 (2020A) — Fund Controlled Maintenance Projects

Under current law, enacted by Senate Bill 17-267, the state executed the second of 4 tranches of lease-purchase agreements of up to $500 million in principal value each before the end of state fiscal year 2019-20 for the sole purpose of funding transportation projects. Due to a favorable interest rate environment, the state actually received more than $600 million of proceeds from the execution of this second tranche of lease-purchase agreements. The act requires the first $49 million of proceeds received in excess of $500 million to be credited to the capital construction fund and appropriated for controlled maintenance projects, including controlled maintenance projects that are capital renewal projects, instead of transportation projects.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Committee Amendment** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/2020a_hb1377_s_app_002.pdf)
2. **Engrossed (06/01/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1377_en4.pdf)
3. **Final Act (06/29/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1377_enr.pdf)
4. **Introduced (05/26/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1377_01.pdf)
5. **Reengrossed (06/03/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1377_ren.pdf)
6. **Rerevised (06/06/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1377_rer.pdf)
7. **Revised (06/05/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1377_rev.pdf)
8. **Signed Act (06/30/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/2020a_1377_signed.pdf)

## Votes

- BILL — **43–21** (pass) · lower
- BILL — **21–12** (pass) · upper

## Sponsors

- Bob Rankin — primary (person)
- Daneya Esgar — primary (person)
- Julie McCluskie — primary (person)
- Rachel Zenzinger — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2020-06-30T06:00:00+00:00** Governor Signed `executive-signature`
- **2020-06-29T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2020-06-29T06:00:00+00:00** Signed by the Speaker of the House
- **2020-06-29T06:00:00+00:00** Signed by the President of the Senate
- **2020-06-06T06:00:00+00:00** Senate Third Reading Passed - No Amendments `reading-3, passage`
- **2020-06-05T06:00:00+00:00** Senate Second Reading Special Order - Passed - No Amendments
- **2020-06-04T06:00:00+00:00** Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole `committee-passage, referral-committee`
- **2020-06-03T06:00:00+00:00** Introduced In Senate - Assigned to Appropriations `introduction`
- **2020-06-03T06:00:00+00:00** House Third Reading Passed - No Amendments `reading-3, passage`
- **2020-06-02T06:00:00+00:00** House Third Reading Laid Over Daily - No Amendments
- **2020-06-01T06:00:00+00:00** House Second Reading Passed with Amendments - Floor `reading-2`
- **2020-05-29T06:00:00+00:00** House Second Reading Laid Over to 06/01/2020 - No Amendments
- **2020-05-27T06:00:00+00:00** House Committee on Appropriations Refer Unamended to House Committee of the Whole `committee-passage, referral-committee`
- **2020-05-26T06:00:00+00:00** Introduced In House - Assigned to Appropriations `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/18483426-ab3c-4a67-bc8b-23762f752e33`. Confidence: reported (aggregated from official Colorado legislature records).