Colorado § 24-50-609 - State contributions - supplemental state contribution fund - creation - repeal.

§ 24-50-609. State contributions - supplemental state contribution fund - creation - repeal.

(1) (Deleted by amendment, L. 2003, p. 1934, § 10, effective May 22, 2003.)

(2) (a) (Deleted by amendment, L. 2003, p. 1934, § 10, effective May 22, 2003.)

(b) (I) The total premium for each particular group benefit plan offered to state employees pursuant to this part 6 and for each tier of said plan shall be the same for all eligible employees. The amount of the state contribution for each tier shall be determined by the director in accordance with section 24-50-104 (4) and shall be the same for all eligible employees within the state personnel system; except that, beginning with the 2008-09 state fiscal year, the state contribution shall be supplemented for eligible state employees, as defined in section 24-50-609.5 (2)(a), in accordance with section 24-50-609.5. For purposes of this section, "tier" means the particular coverage options offered to eligible employees, including single employee, employee with one covered dependent, and employee with two or more covered dependents.

(II) Repealed.

(3) (Deleted by amendment, L. 2003, p. 1934, § 10, effective May 22, 2003.)

(4) For purposes of this section, "employee" does not include elected state officials who do not receive compensation other than expense reimbursements from state funds.

(5) (a) The supplemental state contribution fund is created in the state treasury. The principal of the fund consists of tobacco litigation settlement money transferred by the state treasurer to the fund pursuant to section 24-75-1104.5 (1.7)(j). The principal of the fund is continuously appropriated to the department of personnel and shall be expended in its entirety in each fiscal year by the department to pay the costs of increased nonsupplemental state contributions, as defined in section 24-50-609.5 (3)(c)(II), and supplement the state contribution, as defined in section 24-50-609.5 (2)(d), for each eligible state employee, as defined in section 24-50-609.5 (2)(a), enrolled in a qualifying group benefit plan, as defined in section 24-50-609.5 (2)(c), as required by section 24-50-609.5; except that the department shall expend no more than the amount needed to pay the costs of increased nonsupplemental state contributions and reduce the employee contribution, as defined in section 24-50-609.5 (2)(b), of each eligible state employee for all qualifying group benefit plans to zero. The principal of the fund remains in the fund until expended and shall not be transferred to the general fund or any other fund. Interest and income earned on the deposit and investment of money in the fund shall be used by the department, subject to annual appropriation, solely to pay the costs of the department related to the supplementation of the state contribution for each eligible state employee required by section 24-50-609.5.

(b) (I) For state fiscal years commencing on or before July 1, 2024, and on or after July 1, 2026, the state treasurer shall credit all interest and income derived from the deposit and investment of money in the supplemental state contribution fund to the supplemental state contribution fund.

(II) Notwithstanding subsection (5)(a) of this section, for the state fiscal year commencing on July 1, 2025, in accordance with section 24-36-114 (1), the state treasurer shall credit all interest and income derived from the deposit and investment of money in the supplemental state contribution fund to the general fund.

(III) Repealed.

(c) (I) Notwithstanding any provision of subsection (5)(a) of this section to the contrary, on July 1, 2025, the state treasurer shall transfer five million dollars from the fund to the general fund.

(I.1) Notwithstanding any provision of subsection (5)(a) of this section to the contrary, on June 30, 2026, the state treasurer shall transfer one million dollars from the supplemental state contribution fund to the general fund.

(II) This subsection (5)(c) is repealed, effective July 1, 2027.

Source: L. 94: Entire part added with relocations, p. 1133, § 1, effective May 19. L. 98: Entire section amended, p. 306, § 2, effective August 5. L. 2000: Entire section amended, p. 1986, § 1, effective July 1. L. 2001, 2nd Ex. Sess.: (2) amended and (3) and (4) added, p. 17, § 2, effective November 6. L. 2002: (1), (2)(a)(II), (2)(b)(II), and (3) amended, p. 1949, § 1, effective June 8. L. 2003: (1), (2), and (3) amended, p. 1934, § 10, effective May 22. L. 2007: (2)(b)(I) amended and (5) added, p. 143, § 4, effective March 22; (2)(b)(I) and (5) amended, p. 1674, § 3, effective May 31. L. 2016: (5) amended, (HB 16-1408), ch. 153, p. 465, § 9, effective July 1. L. 2018: (2)(b)(II) repealed, (SB 18-131), ch. 100, p. 776, § 5, effective August 8. L. 2025: (5) amended, (SB 25-264), ch. 129, p. 504, § 29, effective April 25; (5) amended, (SB 25-317), ch. 385, p. 2156, § 34, effective June 3. L. 2026: (5)(c)(I.1) added and (5)(c)(II) amended, (HB 26-1405), ch. 396, p. 2484, § 20, effective June 4.

Editor's note: (1) This section was formerly numbered as 10-8-211.

(2) Amendments to subsection (5) by SB 25-264 and SB 25-317 were harmonized.

(3) Subsection (5)(b)(III)(B) provided for the repeal of subsection (5)(b)(III), effective July 1, 2026. (See L. 2025, pp. 504, 2156.)

Cross references: (1) For the legislative declaration contained in the 2001 act amending this section, see section 1 of chapter 4, Session Laws of Colorado 2001, Second Extraordinary Session.

(2) For the legislative declaration in SB 18-131, see section 1 of chapter 100, Session Laws of Colorado 2018. For the legislative declaration in SB 25-317, see section 1 of chapter 385, Session Laws of Colorado 2025.