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SB 25-269

Transfer to Infrastructure Investment & Jobs Act Cash Fund

2025 Regular Session Introduced by Judy Amabile and 6 co-sponsors

Transfers state funds into the Infrastructure Investment & Jobs Act Cash Fund to enable federal IIJA matching/pre-financing, speeding infrastructure projects and grant access.

Governor Signed
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Bill Summary · SB 25-269

Summary — SB 25-269: Transfer to Infrastructure Investment & Jobs Act Cash Fund

Bill number: SB 25-269
Title: Transfer to Infrastructure Investment & Jobs Act Cash Fund
Status: Governor Signed (2025-04-28)
Introduced: March 31, 2025
Primary sponsors: Rick Taggart; Barbara Kirkmeyer; Jeff Bridges; Emily Sirota
Cosponsors: S. Bird; L. Smith; J. Amabile

Main purpose / intent

The bill’s title indicates its primary purpose is to authorize or effect a transfer of state money into an "Infrastructure Investment & Jobs Act Cash Fund" (IIJA Cash Fund). Such transfers are typically intended to provide state matching funds, seed money, or cash-flow capacity to accept and expend federal Infrastructure Investment and Jobs Act (IIJA) funds for transportation and other infrastructure projects.

Note: The legislative summary below is based on the bill’s title and available legislative actions. The bill text and fiscal note (not provided here) should be consulted for exact amounts, source funds, and timing.

Key provisions (based on available information)

  • Authorizes a transfer of state funds into the Infrastructure Investment & Jobs Act Cash Fund.
  • Likely identifies the source fund(s) for the transfer and any restrictions or conditions on use (matching, cash flow, project eligibility).
  • Likely directs the receiving agency (commonly the state department of transportation, state treasurer, or a designated state infrastructure office) on use, reporting, and expenditure of the cash fund.

Because the full bill text and fiscal details were not provided, specific dollar amounts, effective date, and precise conditions are not stated here.

Who would be affected

  • State agencies that administer infrastructure and transportation funding (e.g., Department of Transportation, state treasurer).
  • Local governments and transit agencies seeking federal IIJA funds that require state matches or pre-financing.
  • State budget/fiscal outlook to the extent state resources are redirected into the cash fund (impact depends on source and amount).

Timeline and procedural actions

  • 2025-03-31: Introduced in Senate; assigned to Appropriations.
  • 2025-04-01: Senate Appropriations referred unamended to Committee of the Whole.
  • 2025-04-02: Senate Second Reading — Passed (Special Order).
  • 2025-04-03: Senate Third Reading — Passed (No Amendments).
  • 2025-04-03: Introduced in House; assigned to Appropriations.
  • 2025-04-08: House Appropriations referred unamended to Committee of the Whole.
  • 2025-04-09: House Second Reading — Passed (Special Order).
  • 2025-04-10: House Third Reading — Passed (No Amendments).
  • 2025-04-16: Signed by President of the Senate and Speaker of the House.
  • 2025-04-17: Sent to the Governor.
  • 2025-04-28: Governor signed the bill into law.

Potential impact and considerations

  • Facilitates deployment of federal IIJA funds by ensuring the state has required matching or pre-financing available.
  • Could accelerate infrastructure project starts and improve ability to draw down federal grants.
  • The fiscal impact depends entirely on the transferred amount and the fund(s) used — may reduce available balances in the source fund or require offsetting budget actions.
  • Administrative and reporting requirements in the bill (if any) will determine oversight and transparency of fund use.

Recommended next steps for readers

  • Review the enacted bill text and fiscal note for: transfer amount(s), source fund(s), effective date, and any limitations or reporting requirements.
  • Consult the state department that will administer the fund (e.g., DOT or state treasurer) for implementation plans and affected projects.
  • Monitor budget documents to see how the transfer is reflected in state financial statements.

If you want, I can locate and summarize the enacted bill text and fiscal note (including exact dollar amounts and effective date) — tell me where to fetch the bill (state legislature website) or I can attempt to find it.

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

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