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Committee moves adult dental benefit out of unclaimed‑property trust fund and rejects proposed annual cap
Summary
The Joint Budget Committee authorized staff to draft legislation shifting the adult dental benefit funding source from the Unclaimed Property Trust Fund to general fund, and it rejected a proposed $3,000 annual cap on the adult dental benefit (the cap motion failed 0‑6).
Joe Kurtz, Health Care Policy & Financing staff, briefed the committee on the adult dental benefit and the funding source. The program had been funded from a transfer of unclaimed property trust dollars into the adult dental fund, which creates TABOR‑exempt revenue effects. Several members said that using unclaimed property dollars…
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