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Senate approves bill requiring governor to present spending-reduction plans to Joint Budget Committee
Summary
Senators passed Senate Bill 25B-001 to formalize processes for the governor to reduce spending when the state faces fiscal shortfalls, including notification and presentation requirements to the Joint Budget Committee and numerical triggers for action.
The Colorado Senate on Thursday adopted Senate Bill 25B-001, which codifies the process for the governor to reduce spending when the state cannot meet its fiscal obligations and requires presentation of spending-reduction plans to the Joint Budget Committee.
Sponsor Senator Claire Coleman said the bill does not expand executive authority but relocates and clarifies existing discretionary…
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