Colorado Statutes

§ 24-30-1301 — Definitions

Colorado·Title 24 Government·Art. Department of Personnel -

As used in this part 13, unless the context otherwise requires:

(1)(a) Capital asset means:
(I)Real property;
(II)Fixed equipment;
(III)Movable equipment; or
(IV)Instructional or scientific equipment with a cost that exceeds fifty thousand dollars; except that capital asset does not include instructional or scientific equipment purchased by a state institution of higher education if the institution uses moneys other than those appropriated pursuant to section 24-75-303. Instructional or scientific equipment does not include information technology.
(b)Capital asset does not mean information technology. All information technology budget requests must be presented as set forth in section 2-3-1704 (11), C.R.S.
(2)Capital construction means:
(a)Acquisition of a capital ass

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Legislative History

Source: L. 79: Entire part added, p. 879, � 1, effective July 1. L. 80: (1)(b) and (1)(c) amended and (2) R&RE, p. 593, �� 1, 2, effective July 1. L. 95: (3) and (6) amended, p. 649, � 54, effective July 1. L. 2007: (7.5) and (15) added and (13) amended, p. 484, � 1, effective September 1. L. 2008: (13)(b)(II) and (13)(b)(III) amended, p. 1307, � 1, effective August 5. L. 2011: (1)(f) amended, (HB 11-1301), ch. 297, p. 1431, � 30, effective August 10. L. 2012: (7) amended, (SB 12-040), ch. 118, p. 403, � 3, effective April 16. L. 2014: Entire section amended, (HB 14-1387), ch. 378, p. 1800, � 3, effective June 6; (1), (2)(g), and (10) amended, (HB 14-1395), ch. 309, p. 1308, � 6, effective June 6. L. 2015: (13.5) added, (SB 15-270), ch. 296, p. 1206, � 1, effective June 5. L. 2024: (3) amended, (HB 24-1422), ch. 137, p. 510, � 1, effective August 7.

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