republic-os/legislation/us/states/co/2023a/sb-23-056.md

---
type: "Bill"
title: "Compensatory Direct Distribution To PERA"
description: "To recompense the public employees' retirement association (PERA) for the cancellation of a previously scheduled July 1, 2020, direct distribution of $225 million, House Bill 22-1029, concerning a requirement that the state make an additional direct distribution to the public employees' retirement association to fully recompense the association for the cancellation of a previously scheduled July 1, 2020, direct distribution, required an additional direct distribution to PERA. However, the additional direct distribution did not fully recompense PERA for the cancellation of the previously scheduled direct distribution. To fully recompense PERA, the act requires the state treasurer to issue a warrant to PERA that consists of the balance of the PERA payment cash fund plus $10 million paid from the general fund. The PERA payment cash fund is repealed, effective July 1, 2023."
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2023A"
identifier: "SB 23-056"
citation: "Colorado SB 23-056 (2023A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Chris Kolker", "Ron Weinberg", "Shannon Bird"]
version_count: 9
action_count: 15
vote_count: 2
first_action: "2023-01-17T07:00:00+00:00"
last_action: "2023-06-02T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/0d08b915-015b-415a-ad0f-46393d4121c9"
source_url: "https://leg.colorado.gov/bills/sb23-056"
source_hash: "8e79f767846fc219ee0d0a643fff76e1d68a034e35b0d8fd73c19dd462072807"
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 SB 23-056 (2023A) — Compensatory Direct Distribution To PERA

To recompense the public employees' retirement association (PERA) for the cancellation of a previously scheduled July 1, 2020, direct distribution of $225 million, House Bill 22-1029, concerning a requirement that the state make an additional direct distribution to the public employees' retirement association to fully recompense the association for the cancellation of a previously scheduled July 1, 2020, direct distribution, required an additional direct distribution to PERA. However, the additional direct distribution did not fully recompense PERA for the cancellation of the previously scheduled direct distribution. To fully recompense PERA, the act requires the state treasurer to issue a warrant to PERA that consists of the balance of the PERA payment cash fund plus $10 million paid from the general fund. The PERA payment cash fund is repealed, effective July 1, 2023.

## Version chain

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

1. **Committee Amendment** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2023a_sb056_h_app_001.pdf)
2. **Engrossed (04/18/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_056_eng.pdf)
3. **Final Act (05/04/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_056_enr.pdf)
4. **Introduced (01/17/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_056_01.pdf)
5. **PA1 (04/18/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_056_s_app_01.pdf)
6. **Reengrossed (04/19/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_056_ren.pdf)
7. **Rerevised (04/29/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_056_rer.pdf)
8. **Revised (04/26/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_056_rev.pdf)
9. **Signed Act (06/02/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2023a_056_signed.pdf)

## Votes

- BILL — **60–5** (pass) · lower
- BILL — **25–6** (pass) · upper

## Sponsors

- Chris Kolker — primary (person)
- Ron Weinberg — primary (person)
- Shannon Bird — primary (person)

## Timeline

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

- **2023-06-02T06:00:00+00:00** Governor Signed `executive-signature`
- **2023-05-04T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2023-05-04T06:00:00+00:00** Signed by the Speaker of the House
- **2023-05-03T06:00:00+00:00** Signed by the President of the Senate
- **2023-04-29T06:00:00+00:00** House Third Reading Passed - No Amendments `passage, reading-3`
- **2023-04-27T06:00:00+00:00** House Third Reading Laid Over Daily - No Amendments
- **2023-04-26T06:00:00+00:00** House Second Reading Special Order - Passed - No Amendments
- **2023-04-26T06:00:00+00:00** House Committee on Appropriations Refer Unamended to House Committee of the Whole `committee-passage, referral-committee`
- **2023-04-24T06:00:00+00:00** House Committee on Finance Refer Unamended to Appropriations `referral-committee`
- **2023-04-19T06:00:00+00:00** Introduced In House - Assigned to Finance `introduction`
- **2023-04-19T06:00:00+00:00** Senate Third Reading Passed - No Amendments `passage, reading-3`
- **2023-04-18T06:00:00+00:00** Senate Second Reading Special Order - Passed with Amendments - Committee
- **2023-04-18T06:00:00+00:00** Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole `committee-passage, referral-committee`
- **2023-02-07T07:00:00+00:00** Senate Committee on Finance Refer Unamended to Appropriations `referral-committee`
- **2023-01-17T07:00:00+00:00** Introduced In Senate - Assigned to Finance `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0d08b915-015b-415a-ad0f-46393d4121c9`. Confidence: reported (aggregated from official Colorado legislature records).