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General Fund Loan Family Medical Leave Program

It became law on Jun 14, 2021.

CO SB 21-251 · Senate Bill · 2021A

Stage
Became law
Started in
Senate
Sponsors
Latest action
Jun 14, 2021

What it does

The act requires the state treasurer to transfer $1,500,000 from the general fund to the family and medical leave insurance fund for the purpose of defraying expenses incurred by the division of family and medical leave insurance (division) before the division receives premium revenue or revenue bond proceeds. The transfer is a loan from the state treasurer to the division that is required to be repaid and is not a grant for purposes of the state constitution or any other state law.The division is required to repay the loan and accumulated interest by December 31, 2023.Of the $1,500,000 transferred pursuant to the act:$1,162,202 is available for use by the division for program costs,…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jun 14, 2021

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

It is law in Colorado. What happens now is up to the agency that carries it out, the courts, and the place itself.

Work with this bill

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