Bill
HB 1370
Limited Gaming Fund Transfers to Other Cash Funds
HB 1370 allows Colorado to redirect Limited Gaming Fund revenue to other state budgets, potentially reducing money available for gaming-area communities and historic preservation.
Bill
HB 1370
HB 1370 allows Colorado to redirect Limited Gaming Fund revenue to other state budgets, potentially reducing money available for gaming-area communities and historic preservation.
HB 1370 allows Colorado to transfer funds from the Limited Gaming Fund to other state cash funds, presumably to address budgetary needs or redirect gaming revenues to different policy priorities. The bill modifies how gaming tax revenue—historically dedicated to specific purposes—can be allocated across the state budget.
Limited Gaming Fund revenues have traditionally been committed to particular uses (often tourism promotion, historic preservation, or local governments in gaming counties). Broadening transfer authority could provide budget flexibility during shortfalls but may redirect money away from intended beneficiaries. This affects both state spending priorities and communities economically dependent on predictable gaming fund distributions.
Compiled from official sources — confirm details with the bill’s official record.
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