republic-os/legislation/us/states/co/2025a/sb-25-248.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	Repeal Lease Savings Transfer to Capital Construction Fund	Since July 1, 2023, a state agency that terminates a lease for private space has been required to calculate the associated amount of the annual reduction in the state agency's leased space costs (cost reduction). The general assembly has been required to annually transfer to the capital construction fund, from the fund that was the source of the funding for the lease, an amount equal to the cost reduction from the fund that was the source of the funding for the lease until the total amount transferred equals the amount that has been required to be transferred to the capitol complex renovation fund from annual depreciation-lease equivalent payments that otherwise would be credited to state agency capital reserve accounts. The act repeals the requirements that a state agency calculate its cost reduction and that the general assembly make the annual transfers to the capital construction fund.	us/states/co	Colorado General Assembly	2025A	SB 25-248	Colorado SB 25-248 (2025A)	bill		enacted	Barbara Kirkmeyer Jeff Bridges Rick Taggart Shannon Bird	8	12	2	2025-03-31T06:00:00+00:00	2025-04-25T06:00:00+00:00	openstates	ocd-bill/13ea0b86-125b-43e2-9cb0-df55754cd6ac	https://leg.colorado.gov/bills/sb25-248	b9564d826bdc6dc5217b898c7034d3591de439e5414148310e6cdf60502f3096	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-co

Colorado SB 25-248 (2025A) — Repeal Lease Savings Transfer to Capital Construction Fund

Since July 1, 2023, a state agency that terminates a lease for private space has been required to calculate the associated amount of the annual reduction in the state agency's leased space costs (cost reduction). The general assembly has been required to annually transfer to the capital construction fund, from the fund that was the source of the funding for the lease, an amount equal to the cost reduction from the fund that was the source of the funding for the lease until the total amount transferred equals the amount that has been required to be transferred to the capitol complex renovation fund from annual depreciation-lease equivalent payments that otherwise would be credited to state agency capital reserve accounts. The act repeals the requirements that a state agency calculate its cost reduction and that the general assembly make the annual transfers to the capital construction fund.

Version chain

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

1. Committee Amendment (committee substitute) — source
2. Engrossed (04/02/2025) (committee substitute) — source
3. Final Act (04/16/2025) (committee substitute) — source
4. Introduced (03/31/2025) (committee substitute) — source
5. Reengrossed (04/03/2025) (committee substitute) — source
6. Rerevised (04/10/2025) (committee substitute) — source
7. Revised (04/09/2025) (committee substitute) — source
8. Signed Act (04/25/2025) (committee substitute) — source

Votes

• BILL — 30–0 (pass) · upper
• BILL — 63–1 (pass) · lower

Sponsors

• Barbara Kirkmeyer — primary (person)
• Jeff Bridges — primary (person)
• Rick Taggart — primary (person)
• Shannon Bird — primary (person)
• B. Pelton — cosponsor (person)
• E. Sirota — cosponsor (person)
• J. Amabile — cosponsor (person)
• N. Hinrichsen — cosponsor (person)
• R. Keltie — cosponsor (person)

Timeline

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

• 2025-04-25T06:00:00+00:00 Governor Signed executive-signature
• 2025-04-16T06:00:00+00:00 Sent to the Governor executive-receipt
• 2025-04-16T06:00:00+00:00 Signed by the Speaker of the House
• 2025-04-15T06:00:00+00:00 Signed by the President of the Senate
• 2025-04-10T06:00:00+00:00 House Third Reading Passed - No Amendments passage, reading-3
• 2025-04-09T06:00:00+00:00 House Second Reading Special Order - Passed - No Amendments
• 2025-04-08T06:00:00+00:00 House Committee on Appropriations Refer Unamended to House Committee of the Whole committee-passage, referral-committee
• 2025-04-03T06:00:00+00:00 Introduced In House - Assigned to Appropriations introduction
• 2025-04-03T06:00:00+00:00 Senate Third Reading Passed - No Amendments passage, reading-3
• 2025-04-02T06:00:00+00:00 Senate Second Reading Special Order - Passed - No Amendments
• 2025-04-01T06:00:00+00:00 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole committee-passage
• 2025-03-31T06:00:00+00:00 Introduced In Senate - Assigned to Appropriations introduction

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/13ea0b86-125b-43e2-9cb0-df55754cd6ac. Confidence: reported (aggregated from official Colorado legislature records).