Colorado · 2025 First Extraordinary Session · Bill
HB 1017: Transfer of Money in Refinance Discretionary Account
Introduced Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1017 is a bill introduced in the Colorado House on August 21, 2025. According to its official title, it concerns: Transfer of Money in Refinance Discretionary Account. Primary sponsor: N. Hinrichsen, E. Velasco, T. Story. Most recent recorded action (August 21, 2025): Introduced In House - Assigned to Appropriations.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
The refinance discretionary account (account) created in the ARPA refinance state money cash fund consists of state money credited to the account when, during the 2024 legislative session, the general assembly exchanged money that the state received pursuant to the "American Rescue Plan Act of 2021" (ARPA) with state money. The governor has discretion to designate any department as a recipient of money from the account to be used for any allowable purpose under ARPA.The bill requires the state treasurer to transfer, within 3 days of the effective date of the bill, the unexpended and unencumbered balance of money in the account that did not originate from the money the state received from the coronavirus state fiscal recovery fund from the account to the health insurance affordability cash fund.(Note: This summary applies to this bill as introduced.)
Sponsors
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| N. Hinrichsen | Primary sponsor | Not applicable (committee) | — | — |
| E. Velasco | Primary sponsor | Not applicable (committee) | — | — |
| T. Story | Primary sponsor | Not applicable (committee) | — | — |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Introduced In House - Assigned to Appropriations
- House Committee on Appropriations Postpone Indefinitely