Colorado · 2025 First Extraordinary Session · Bill
SB 1: Processes to Reduce Spending During Shortfall
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 1 is a bill introduced in the Colorado Senate on August 21, 2025. According to its official title, it concerns: Processes to Reduce Spending During Shortfall. Primary sponsor: E. Sirota, J. McCluskie, J. Coleman, J. Amabile. It lists 25 additional sponsors. Most recent recorded action (August 28, 2025): Governor Signed.
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 governor is permitted to, by executive order, suspend or discontinue the functions or services of state government (discretionary spending reductions) when there are not sufficient revenues available to carry on the functions of the state government. The act relocates the provisions of law allowing the governor to make discretionary spending reductions and requires the governor to promptly notify the joint budget committee (JBC) of the executive order. As soon as practicable after receiving the notification, the JBC shall hold a meeting to discuss the governor's plans for discretionary spending reductions. At the meeting, the governor or the office of state planning and budgeting (OSPB), or both, shall present the executive order to the JBC and the JBC may provide advice regarding discretionary spending reductions.Under law existing before the passage of the act, the governor is required to formulate and implement a plan to reduce general fund expenditures when the governor's regular quarterly revenue estimate indicates that appropriations from the general fund then in effect either will result in using more than one-half of the required amount of general fund reserve (reserve) or will result in the balance of the reserve dropping to below $1 billion (required spending reductions).The act adds that required spending reductions can be triggered by an interim revenue estimate that is prepared by the governor, designated as an update to the most recent prior regular quarterly revenue estimate, transmitted to the general assembly, and presented to the JBC. In addition to a revenue estimate indicating that the balance of the reserve will drop to below $1 billion, the act requires spending reductions when a revenue estimate indicates that the state needs to use an amount of the reserve equal to the lesser of 3% of general fund appropriations for the fiscal year or one-half of the required reserve.Under existing law, the governor promptly notifies the general assembly of a required spending reduction plan. The act requires the JBC to hold a meeting as soon as practicable after receiving the notification. At the meeting, the governor or OSPB, or both, shall present the plan to the JBC and the JBC may provide advice regarding the plan.APPROVED by Governor August 28, 2025EFFECTIVE August 28, 2025(Note: This summary applies to this bill as enacted.)
Sponsors
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| E. Sirota | Primary sponsor | Not applicable (committee) | — | — |
| J. McCluskie | Primary sponsor | Not applicable (committee) | — | — |
| J. Coleman | Primary sponsor | Not applicable (committee) | — | — |
| J. Amabile | Primary sponsor | Not applicable (committee) | — | — |
| J. Bacon | Co-sponsor | Not applicable (committee) | — | — |
| A. Boesenecker | Co-sponsor | Not applicable (committee) | — | — |
| J. Bridges | Co-sponsor | Not applicable (committee) | — | — |
| K. Brown | Co-sponsor | Not applicable (committee) | — | — |
| C. Clifford | Co-sponsor | Not applicable (committee) | — | — |
| M. Duran | Co-sponsor | Not applicable (committee) | — | — |
| C. Espenoza | Co-sponsor | Not applicable (committee) | — | — |
| M. Froelich | Co-sponsor | Not applicable (committee) | — | — |
| L. García | Co-sponsor | Not applicable (committee) | — | — |
| R. Gonzalez | Co-sponsor | Not applicable (committee) | — | — |
| E. Hamrick | Co-sponsor | Not applicable (committee) | — | — |
| J. Jackson | Co-sponsor | Not applicable (committee) | — | — |
| J. Joseph | Co-sponsor | Not applicable (committee) | — | — |
| M. Lindsay | Co-sponsor | Not applicable (committee) | — | — |
| M. Lukens | Co-sponsor | Not applicable (committee) | — | — |
| B. Marshall | Co-sponsor | Not applicable (committee) | — | — |
| K. McCormick | Co-sponsor | Not applicable (committee) | — | — |
| A. Paschal | Co-sponsor | Not applicable (committee) | — | — |
| L. Smith | Co-sponsor | Not applicable (committee) | — | — |
| R. Stewart | Co-sponsor | Not applicable (committee) | — | — |
| K. Stewart | Co-sponsor | Not applicable (committee) | — | — |
| T. Story | Co-sponsor | Not applicable (committee) | — | — |
| R. Taggart | Co-sponsor | Not applicable (committee) | — | — |
| J. Willford | Co-sponsor | Not applicable (committee) | — | — |
| Y. Zokaie | Co-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
- Governor Signed
- Sent to the Governor
- Signed by the President of the Senate
- Signed by the Speaker of the House
- House Third Reading Passed - No Amendments
- House Second Reading Special Order - Passed - No Amendments
- Senate Third Reading Passed with Amendments - Floor
- Introduced In House - Assigned to Appropriations
- House Committee on Appropriations Refer Unamended to House Committee of the Whole
- Introduced In Senate - Assigned to State, Veterans, & Military Affairs
- Senate Committee on State, Veterans, & Military Affairs Refer Unamended to Senate Committee of the Whole
- Senate Second Reading Special Order - Passed - No Amendments