Bill

SB 25-263

Spending Authority Statutes

2025 Regular Session Introduced by Judy Amabile and 5 co-sponsors

SB 25-263 updates spending authority law, clarifying who can obligate funds, when approvals are needed, and how reporting/oversight work—affecting agencies and budgets.

Governor Signed

WeVote Research Nonpartisan

Bill Summary · SB 25-263

Bill Summary: SB 25-263 — "Spending Authority Statutes"

Note: The official bill text for SB 25-263 was not included with your request. The summary below describes the bill’s procedural status, sponsors, likely purpose based on the bill title, typical provisions such legislation contains, and potential impacts. For specific statutory changes, dollar amounts, effective dates, or exact wording, consult the bill text or ask me to retrieve it.

Basic Information

Bill Number: SB 25-263
Title: Spending Authority Statutes
Status: Governor Signed (signed by Governor on 2025-04-25)
Introduced: 2025-03-31 (Senate)
Classification: Bill

Legislative Action Timeline

2025-03-31: Introduced in Senate — Assigned to Appropriations
2025-04-01: Senate Appropriations Committee — Referred unamended to Senate Committee of the Whole
2025-04-02: Senate Second Reading Special Order — Passed (no amendments)
2025-04-03: Senate Third Reading — Passed (no amendments)
2025-04-03: Introduced in House — Assigned to Appropriations
2025-04-08: House Appropriations Committee — Referred unamended to House Committee of the Whole
2025-04-09: House Second Reading Special Order — Passed (no amendments)
2025-04-10: House Third Reading — Passed (no amendments)
2025-04-15: Signed by President of the Senate
2025-04-16: Signed by the Speaker of the House
2025-04-16: Sent to the Governor
2025-04-25: Governor Signed

Purpose and Intent (based on title)

By its title, “Spending Authority Statutes” the bill is intended to amend state law that governs how public funds may be spent — likely to clarify, update, or consolidate statutory provisions that establish spending authority, delegation of spending, limits, reporting, or procedures related to appropriations and expenditures.

Typical Key Provisions (what this bill likely addresses)

Because the bill text is not available here, common elements found in legislation with this title include one or more of the following:
- Clarification of which officers or agencies have authority to obligate and expend appropriations (delegation of spending authority).
- Adjustment of monetary thresholds that trigger additional approvals (e.g., transfers, contract signings, emergency expenditures).
- Rules for interfund transfers, reappropriations, and carryforwards of unspent balances.
- Procedures for making emergency or disaster-related expenditures and any reporting/approval requirements.
- Enhanced reporting, transparency, or auditing requirements tied to spending decisions.
- Conforming changes to cross-referenced statutes to reflect amended procedures or authority.
- Effective date(s) and transitional provisions to implement changes.

Who Is Affected

State executive agencies and department heads (changes to their authority or procedures).
State fiscal officers (treasurer, controller/state comptroller equivalents).
The legislature (changes may alter oversight, reporting, or approval roles).
Vendors and contractors that receive state funds (procedural or timing changes).
Local governments or special districts, if the bill amends statutes that apply to subordinate entities.
Ultimately, state taxpayers through effects on budget execution, transparency, and accountability.

Potential Impact

Administrative: May change internal controls, approval workflows, and delegation policies in state agencies.
Fiscal: Could alter how quickly funds are obligated and spent, affect timing of cash flows, or change reporting burdens; actual fiscal impact depends on the bill’s specifics and any fiscal note.
Oversight: May increase or decrease legislative or executive oversight depending on whether authority is centralized or decentralized.

Procedural/Timeline Notes

The bill completed the legislative process and was signed by the Governor on 2025-04-25.
The effective date is not provided here; effective date(s) are specified in the bill text or default to the state’s standard effective date rules. Check the enrolled bill for timing and any transitional provisions.

Next Steps / Where to Find the Full Text

To understand exact statutory changes, the precise language, fiscal impacts, and effective dates:
- Review the enrolled bill (SB 25-263) on the Colorado General Assembly website or the official legislative information portal.
- Check the bill’s fiscal note for estimated budgetary effects.
- If you’d like, I can retrieve and summarize the actual bill text and fiscal note.

Would you like me to fetch the enrolled bill text and produce a line-by-line summary of the specific statutory changes?

Compiled from official sources — confirm details with the bill’s official record.