July 15, 2009
I am writing to notify you regarding two bills adopted by the General Assembly during the 2009 session - House Bill 09-1366 and Senate Bill 09-245.
Section 4 of Senate Bill 09-245 requires that I notify you, no later than July 15, 2009, that the final fiscal analysis prepared on House Bill 09-1366 identifies a state income tax revenue gain equal or greater than the General Fund amount appropriated in Section 3 of Senate Bill 09-245. The General Fund revenue anticipated under House Bill 09-1366 significantly exceeds the General Fund appropriated in Senate Bill 09-245. Thus, Section 3 of Senate Bill 09-245 may take effect.
The final fiscal note for House Bill 09-1366, dated June 30, 2009, identifies an increase in General Fund revenue of $7.1 million in for FY 2009-10 and $15.8 million for FY 2010-11. Senate Bill 09-245 includes a General Fund appropriation of $86,000 to the Department of Human Services for FY 2009-10.
Mike Mauer, Director, Legislative Council, Colorado General Assembly