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---
type: "Bill"
title: "Reduce The General Fund Reserve"
description: "Under current law, the general fund reserve requirement is equal to 7.25% of the amount appropriated for expenditure from the general fund for the fiscal year. The act reduces the percentage used to determine the general fund reserve as follows:"
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2020A"
identifier: "HB 20-1383"
citation: "Colorado HB 20-1383 (2020A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Bob Rankin", "Daneya Esgar", "Dominick Moreno", "Kim Ransom"]
version_count: 8
action_count: 19
vote_count: 5
first_action: "2020-05-26T06:00:00+00:00"
last_action: "2020-06-30T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/22950fab-61d2-48c1-b267-f523f4baa2c1"
source_url: "http://leg.colorado.gov/bills/hb20-1383"
source_hash: "c2e793ef6985e75b123d895a79b768280c94ed68babe752ba0f124d7fa67f95a"
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 20-1383 (2020A) — Reduce The General Fund Reserve
Under current law, the general fund reserve requirement is equal to 7.25% of the amount appropriated for expenditure from the general fund for the fiscal year. The act reduces the percentage used to determine the general fund reserve as follows:
## 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_hb1383_s_app_001.pdf)
2. **Engrossed (06/01/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1383_eng.pdf)
3. **Final Act (06/29/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1383_enr.pdf)
4. **Introduced (05/26/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1383_01.pdf)
5. **Reengrossed (06/03/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1383_ren.pdf)
6. **Rerevised (06/12/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1383_rer.pdf)
7. **Revised (06/05/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_1383_rev.pdf)
8. **Signed Act (06/30/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/2020a_1383_signed.pdf)
## Votes
- BILL — **35–0** (pass) · upper
- REPASS — **51–14** (pass) · lower
- AMEND — **35–0** (pass) · upper
- BILL — **52–12** (pass) · lower
- CONCUR — **56–9** (pass) · lower
## Sponsors
- Bob Rankin — primary (person)
- Daneya Esgar — primary (person)
- Dominick Moreno — primary (person)
- Kim Ransom — 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
- **2020-06-13T06:00:00+00:00** House Considered Senate Amendments - Result was to Concur - Repass
- **2020-06-12T06:00:00+00:00** Senate Third Reading Passed with Amendments - Floor `reading-3, passage`
- **2020-06-11T06:00:00+00:00** Senate Third Reading Laid Over Daily - No Amendments
- **2020-06-10T06:00:00+00:00** Senate Third Reading Laid Over Daily - No Amendments
- **2020-06-09T06:00:00+00:00** Senate Third Reading Laid Over Daily - No Amendments
- **2020-06-08T06:00:00+00:00** Senate Third Reading Laid Over Daily - No Amendments
- **2020-06-06T06:00:00+00:00** Senate Third Reading Laid Over Daily - No Amendments
- **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 - No Amendments `reading-2`
- **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/22950fab-61d2-48c1-b267-f523f4baa2c1`. Confidence: reported (aggregated from official Colorado legislature records).