republic-os/legislation/us/states/co/2021a/sb-21-281.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	State Severance Tax Trust Fund Allocation	Currently, 50% of state severance tax revenues are deposited into the severance tax trust fund, which is then typically split between the severance tax perpetual base fund (perpetual base fund) and the severance tax operational fund (operational fund). Money in the operational fund is currently used for core departmental programs and, if there are sufficient available revenues, for transfers to funds that support natural resources and energy grant programs (grant program transfers). The act repeals the grant program transfers, with some, but not all, of the recipient programs receiving alternative funding from severance tax revenues.Subject to annual appropriation, the Colorado water conservation board is authorized to direct the state treasurer to transfer money from the perpetual base fund to the water supply reserve fund, the interbasin compact committee operation fund, and the water efficiency grant program cash fund, all of which previously received grant program transfers. The general assembly is authorized to directly appropriate or transfer money into the perpetual base fund and the water supply reserve fund.If less than 100% of the money available in the operational fund is used for the current core departmental programs, then, the general assembly may appropriate money from the operational fund to the species conservation trust fund, the division of parks and wildlife aquatic nuisance species fund, and the conservation district grant fund, all of which previously received grant program transfers. The transfers from the operational fund are subject to the same limits that they had as grant program transfers. On June 30, 2021, and July 1, 2022, the state treasurer is required to transfer $9,456,005 from the general fund to the operational fund. The director of the office of state planning and budgeting and the executive directors of the departments of revenue, natural resources, education, and local affairs, or their designees, are required to review and analyze various elements of the state severance tax and submit written recommendations for any changes to the joint budget committee. Stakeholders will be involved in the process and may submit responsive comments to the recommendations.The act also requires metropolitan districts created after July 1, 2021, to annually pay the state an amount equal to the total of all severance tax ad valorem credits claimed for property taxes that are imposed by the metropolitan district. This money will be allocated like severance tax revenues.(Note: This summary applies to this bill as enacted.)	us/states/co	Colorado General Assembly	2021A	SB 21-281	Colorado SB 21-281 (2021A)	bill		enacted	Bob Rankin Chris Hansen Julie McCluskie Kim Ransom	10	15	6	2021-05-19T06:00:00+00:00	2021-06-18T06:00:00+00:00	openstates	ocd-bill/33d78a26-70fe-4d49-91f9-903000966741	http://leg.colorado.gov/bills/sb21-281	58162936505646afa75b1b469bac0ef81c61d7d69bf4f66da35071f53046b36c	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-co

Colorado SB 21-281 (2021A) — State Severance Tax Trust Fund Allocation

Currently, 50% of state severance tax revenues are deposited into the severance tax trust fund, which is then typically split between the severance tax perpetual base fund (perpetual base fund) and the severance tax operational fund (operational fund). Money in the operational fund is currently used for core departmental programs and, if there are sufficient available revenues, for transfers to funds that support natural resources and energy grant programs (grant program transfers). The act repeals the grant program transfers, with some, but not all, of the recipient programs receiving alternative funding from severance tax revenues.Subject to annual appropriation, the Colorado water conservation board is authorized to direct the state treasurer to transfer money from the perpetual base fund to the water supply reserve fund, the interbasin compact committee operation fund, and the water efficiency grant program cash fund, all of which previously received grant program transfers. The general assembly is authorized to directly appropriate or transfer money into the perpetual base fund and the water supply reserve fund.If less than 100% of the money available in the operational fund is used for the current core departmental programs, then, the general assembly may appropriate money from the operational fund to the species conservation trust fund, the division of parks and wildlife aquatic nuisance species fund, and the conservation district grant fund, all of which previously received grant program transfers. The transfers from the operational fund are subject to the same limits that they had as grant program transfers. On June 30, 2021, and July 1, 2022, the state treasurer is required to transfer $9,456,005 from the general fund to the operational fund. The director of the office of state planning and budgeting and the executive directors of the departments of revenue, natural resources, education, and local affairs, or their designees, are required to review and analyze various elements of the state severance tax and submit written recommendations for any changes to the joint budget committee. Stakeholders will be involved in the process and may submit responsive comments to the recommendations.The act also requires metropolitan districts created after July 1, 2021, to annually pay the state an amount equal to the total of all severance tax ad valorem credits claimed for property taxes that are imposed by the metropolitan district. This money will be allocated like severance tax revenues.(Note: This summary applies to this bill as enacted.)

Version chain

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

1. Committee Amendment (committee substitute) — source
2. Engrossed (05/27/2021) (committee substitute) — source
3. Final Act (06/11/2021) (committee substitute) — source
4. Introduced (05/19/2021) (committee substitute) — source
5. PA1 (05/26/2021) (committee substitute) — source
6. PA2 (06/04/2021) (committee substitute) — source
7. Reengrossed (05/28/2021) (committee substitute) — source
8. Rerevised (06/07/2021) (committee substitute) — source
9. Revised (06/04/2021) (committee substitute) — source
10. Signed Act (06/18/2021) (committee substitute) — source

Votes

• CONCUR — 34–0 (pass) · upper
• REPASS — 34–0 (pass) · upper
• BILL — 64–0 (pass) · lower
• AMD — 60–3 (pass) · lower
• BILL — 34–0 (pass) · upper
• PERM — 61–2 (pass) · lower

Sponsors

• Bob Rankin — primary (person)
• Chris Hansen — primary (person)
• Julie McCluskie — primary (person)
• Kim Ransom — primary (person)

Timeline

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

• 2021-06-18T06:00:00+00:00 Governor Signed executive-signature
• 2021-06-11T06:00:00+00:00 Sent to the Governor executive-receipt
• 2021-06-11T06:00:00+00:00 Signed by the Speaker of the House
• 2021-06-10T06:00:00+00:00 Signed by the President of the Senate
• 2021-06-08T06:00:00+00:00 Senate Considered House Amendments - Result was to Concur - Repass
• 2021-06-07T06:00:00+00:00 House Third Reading Passed with Amendments - Floor passage, reading-3
• 2021-06-04T06:00:00+00:00 House Second Reading Special Order - Passed with Amendments - Committee
• 2021-06-04T06:00:00+00:00 House Committee on Appropriations Refer Amended to House Committee of the Whole committee-passage, referral-committee
• 2021-05-28T06:00:00+00:00 Introduced In House - Assigned to Appropriations introduction
• 2021-05-28T06:00:00+00:00 Senate Third Reading Passed - No Amendments passage, reading-3
• 2021-05-27T06:00:00+00:00 Senate Second Reading Passed with Amendments - Committee, Floor reading-2
• 2021-05-26T06:00:00+00:00 Senate Second Reading Special Order - Laid Over Daily - No Amendments
• 2021-05-26T06:00:00+00:00 Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole committee-passage, referral-committee
• 2021-05-24T06:00:00+00:00 Senate Committee on Finance Refer Unamended to Appropriations referral-committee
• 2021-05-19T06:00:00+00:00 Introduced In Senate - Assigned to Finance introduction

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/33d78a26-70fe-4d49-91f9-903000966741. Confidence: reported (aggregated from official Colorado legislature records).