Joint Budget Committee
The Joint Budget Committee spent the day drafting long-bill companion measures and confronting hard math — voting to eliminate non-certified kinship foster care payments it agreed it could no longer fund, moving to shore up a shrinking Marijuana Tax Cash Fund, and taking aim at fast-growing part-time enrichment funding — while deferring a disability-funding restructuring for lack of consensus and holding a statewide compensation bill amid the CO WINS negotiations.
Key Actions
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Notable Quotes
“from a fiscal perspective, I think everyone involved on the fiscal side recognizes that essentially you're looking at at least a $9 million general fund impact that we all agree we don't have.”
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Sign in to subscribeAll right. The Joint Budget Committee will come to order. We are considering a variety of things today, but we will begin with some bill drafts. Ms. Kanagaraja, let us know where we're starting. Thank you. Phoebe Cannagaraja, JBC staff. You're starting on page one with the first bill, which is for early childhood. And this is a bill based on what the committee approved, based on swapping funds between SafeCare and the Nurse Home Visitor Program so that SafeCare can draw down about 1 million more in federal funds. So there are two things, and there's a cover memo for this bill because there are two things I wanted to highlight for the committee. The first is that this bill replicates a change being made across the street in House Bill 26, 1075 to eliminate the COCAP Trust Fund's repeal date. And the reason why the bill, this bill before you does that is because the general fund that is being swapped from the Nurse Home Visitor Program into Safe Care is being deposited into the COCAP Trust Fund. And whatever additional federal funds the department is able to bring down will also get deposited into the COCAP Trust…
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