CHAPTER 208

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GOVERNMENT - STATE

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SENATE BILL 03-262 [Digest]

BY SENATOR(S) Owen, Reeves, and Teck;

also REPRESENTATIVE(S) Witwer, Plant, Young, and Rippy.

AN ACT

Concerning transfers of moneys related to capital construction.

Be it enacted by the General Assembly of the State of Colorado:

  SECTION 1.  24-75-302 (2) (p), Colorado Revised Statutes, is amended to read:

  24-75-302.  Capital construction fund - capital assessment fees - calculation. (2)  As of July 1, 1988, and July 1 of each year thereafter through July 1, 2006, a sum as specified in this subsection (2) shall accrue to the capital construction fund. The state treasurer and the controller shall transfer such sum out of the general fund and into the capital construction fund as moneys become available in the general fund during the fiscal year beginning on said July 1. Transfers between funds pursuant to this subsection (2) shall not be deemed to be appropriations subject to the limitations of section 24-75-201.1. The amount which shall accrue pursuant to this subsection (2) shall be as follows:

  (p)  On July 1, 2003, one hundred million nine million four hundred twenty thousand four hundred ninety-eight dollars; plus twenty-six thousand six hundred twenty-nine dollars pursuant to H.B. 01-1204, enacted at the first regular session of the sixty-third general assembly; plus one hundred thirty-eight thousand nine hundred thirty-four dollars pursuant to H.B. 01-1242, enacted at the first regular session of the sixty-third general assembly; plus four hundred eighty-six thousand two hundred sixty-nine dollars pursuant to S.B. 02-050, enacted at the second regular session of the sixty-third general assembly; plus five hundred six thousand five hundred thirty dollars pursuant to H.B. 02-1038, enacted at the second regular session of the sixty-third general assembly;

  SECTION 2.  24-75-302.5 (3) (b), Colorado Revised Statutes, is amended to read:

  24-75-302.5.  Controlled maintenance - trust fund. (3)  Notwithstanding any other provision of this section to the contrary:

  (b) (I)  On July 1, 2003 2004, the state treasurer and the controller shall transfer an amount equal to one hundred thirty-eight million two hundred thousand dollars from the general fund to the trust fund.

  (II)  On July 1, 2004 2005, the state treasurer and the controller shall transfer an amount equal to one hundred thirty-eight million two hundred thousand dollars from the general fund to the trust fund.

  SECTION 3.  Repeal.  17-1-135 (1) (a), Colorado Revised Statutes, is repealed as follows:

  17-1-135.  Appropriation to comply with section 2-2-703 - HB 01-1204. (1)  Pursuant to section 2-2-703, C.R.S., the following statutory appropriations, or so much thereof as may be necessary, are made in order to implement H.B. 01-1204, enacted at the first regular session of the sixty-third general assembly:

  (a)  For the fiscal year beginning July 1, 2003, in addition to any other appropriation, there is hereby appropriated, from the capital construction fund created in section 24-75-302, C.R.S., to the corrections expansion reserve fund created in section 17-1-116, the sum of twenty-six thousand six hundred twenty-nine dollars ($26,629).

  SECTION 4.  Repeal.  17-1-137 (1) (c) (I), Colorado Revised Statutes, is repealed as follows:

  17-1-137.  Appropriation to comply with section 2-2-703 - HB 01-1242. (1)  Pursuant to section 2-2-703, C.R.S., the following statutory appropriations, or so much thereof as may be necessary, are made in order to implement H.B. 01-1242, enacted at the first regular session of the sixty-third general assembly:

  (c) (I)  For the fiscal year beginning July 1, 2003, in addition to any other appropriation, there is hereby appropriated, from the capital construction fund created in section 24-75-302, C.R.S., to the corrections expansion reserve fund created in section 17-1-116, the sum of one hundred thirty-eight thousand nine hundred thirty-four dollars ($138,934).

  SECTION 5.  Repeal.  17-1-142 (1) (b) (I), Colorado Revised Statutes, is repealed as follows:

  17-1-142.  Appropriation to comply with section 2-2-703 - SB 02-050. (1)  Pursuant to section 2-2-703, C.R.S., the following statutory appropriations, or so much thereof as may be necessary, are made in order to implement S.B. 02-050, enacted at the second regular session of the sixty-third general assembly:

  (b) (I)  For the fiscal year beginning July 1, 2003, in addition to any other appropriation, there is hereby appropriated, from the capital construction fund created in section 24-75-302, C.R.S., to the corrections expansion reserve fund created in section 17-1-116, the sum of four hundred eighty-six thousand two hundred sixty-nine dollars ($486,269).

  SECTION 6.  Repeal.  17-1-143 (1) (b) (I), Colorado Revised Statutes, is repealed as follows:

  17-1-143.  Appropriation to comply with section 2-2-703 - HB 02-1038. (1)  Pursuant to section 2-2-703, C.R.S., the following statutory appropriations, or so much thereof as may be necessary, are made in order to implement H.B. 02-1038, enacted at the second regular session of the sixty-third general assembly:

  (b) (I)  For the fiscal year beginning July 1, 2003, in addition to any other appropriation, there is hereby appropriated, from the capital construction fund created in section 24-75-302, C.R.S., to the corrections expansion reserve fund created in section 17-1-116, the sum of five hundred six thousand five hundred thirty dollars ($506,530).

  SECTION 7.  Safety clause. The general assembly hereby finds, determines, and declares that this act is necessary for the immediate preservation of the public peace, health, and safety.

Approved: May 1, 2003

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Capital letters indicate new material added to existing statutes; dashes through words indicate deletions from existing statutes and such material not part of act.

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