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---
type: "Bill"
title: "General Fund Loand Natural Disaster Mitigation Enterprise"
description: "The act requires the state treasurer to transfer $95,000 from the general fund to the natural disaster mitigation cash fund to defray expenses incurred by the natural disaster mitigation enterprise (enterprise) before the enterprise receives fee revenue or revenue bond proceeds. The transfer is a loan from the state treasurer to the enterprise that is required to be repaid and is not a grant for purposes of the state constitution or any other state law. The enterprise is required to repay the loan and accumulated interest by December 31, 2025."
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2023A"
identifier: "SB 23-263"
citation: "Colorado SB 23-263 (2023A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Elisabeth Epps", "Elizabeth Velasco", "Kevin Priola"]
version_count: 8
action_count: 15
vote_count: 2
first_action: "2023-04-03T06:00:00+00:00"
last_action: "2023-06-06T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/ce5130ff-0607-415c-b8b5-1daa91106273"
source_url: "https://leg.colorado.gov/bills/sb23-263"
source_hash: "6875489104cb088a3733800977612375c8bc2b64a9cc44ad881abe669c6c69da"
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 23-263 (2023A) — General Fund Loand Natural Disaster Mitigation Enterprise
The act requires the state treasurer to transfer $95,000 from the general fund to the natural disaster mitigation cash fund to defray expenses incurred by the natural disaster mitigation enterprise (enterprise) before the enterprise receives fee revenue or revenue bond proceeds. The transfer is a loan from the state treasurer to the enterprise that is required to be repaid and is not a grant for purposes of the state constitution or any other state law. The enterprise is required to repay the loan and accumulated interest by December 31, 2025.
## 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_sb263_h_app_001.pdf)
2. **Engrossed (04/28/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_263_eng.pdf)
3. **Final Act (05/17/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_263_enr.pdf)
4. **Introduced (04/03/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_263_01.pdf)
5. **Reengrossed (05/01/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_263_ren.pdf)
6. **Rerevised (05/06/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_263_rer.pdf)
7. **Revised (05/05/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_263_rev.pdf)
8. **Signed Act (06/06/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2023a_263_signed.pdf)
## Votes
- BILL — **2311** (pass) · upper
- BILL — **4718** (pass) · lower
## Sponsors
- Elisabeth Epps — primary (person)
- Elizabeth Velasco — primary (person)
- Kevin Priola — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2023-06-06T06:00:00+00:00** Governor Signed `executive-signature`
- **2023-05-17T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2023-05-17T06:00:00+00:00** Signed by the President of the Senate
- **2023-05-16T06:00:00+00:00** Signed by the Speaker of the House
- **2023-05-06T06:00:00+00:00** House Third Reading Passed - No Amendments `passage, reading-3`
- **2023-05-05T06:00:00+00:00** House Second Reading Special Order - Passed - No Amendments
- **2023-05-04T06:00:00+00:00** House Second Reading Special Order - Laid Over Daily - No Amendments
- **2023-05-04T06:00:00+00:00** House Committee on Appropriations Refer Unamended to House Committee of the Whole `committee-passage, referral-committee`
- **2023-05-03T06:00:00+00:00** House Committee on Finance Refer Unamended to Appropriations `referral-committee`
- **2023-05-01T06:00:00+00:00** Introduced In House - Assigned to Finance `introduction`
- **2023-05-01T06:00:00+00:00** Senate Third Reading Passed - No Amendments `passage, reading-3`
- **2023-04-28T06:00:00+00:00** Senate Second Reading Special Order - Passed - No Amendments
- **2023-04-28T06:00:00+00:00** Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole `committee-passage, referral-committee`
- **2023-04-11T06:00:00+00:00** Senate Committee on Finance Refer Unamended to Appropriations `referral-committee`
- **2023-04-03T06:00:00+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/ce5130ff-0607-415c-b8b5-1daa91106273`. Confidence: reported (aggregated from official Colorado legislature records).