Second Regular Session Sixty-seventh General Assembly STATE OF COLORADO INTRODUCED LLS NO. 10-0115.01 Thomas Morris HOUSE BILL 10-1006 HOUSE SPONSORSHIP Curry, Baumgardner, Gardner C., McKinley SENATE SPONSORSHIP Brophy, Hodge, White, Whitehead House Committees Senate Committees Agriculture, Livestock, & Natural Resources A BILL FOR AN ACT Concerning increased funding for the division of water resources from the operational account of the severance tax trust fund. Bill Summary (Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://www.leg.state.co.us/billsummaries.) Water Resources Review Committee. Authorizes the expenditure of up to 5% of the moneys in tier 1 of the operational account of the severance tax trust fund for the division of water resources, and allows this increase to supplant moneys that would otherwise be made available to the division from the general fund. Eliminates the tier 1 authorization for the division of wildlife to account for the increase. Be it enacted by the General Assembly of the State of Colorado: SECTION 1. 39-29-109.3 (1) (e), Colorado Revised Statutes, is amended, and the said 39-29-109.3 (1) is further amended BY THE ADDITION OF A NEW PARAGRAPH, to read: 39-29-109.3. Operational account of the severance tax trust fund - repeal. (1) For fiscal years commencing on and after July 1, 1997, the executive director of the department of natural resources shall submit with the department's budget request for each fiscal year a list and description of the programs the executive director recommends to be funded from the operational account of the severance tax trust fund created in section 39-29-109 (2) (b), referred to in this section as the "operational account". The minerals, energy, and geology policy advisory board established pursuant to section 34-20-104, C.R.S., shall review the executive director's recommendation before submittal. The general assembly may appropriate moneys from the total moneys available in the operational account to fund recommended programs as follows: (e) For fiscal years commencing on or after July 1, 2008, only, for programs within the division of wildlife that monitor, manage, or mitigate the impacts of mineral or mineral fuel production activities on wildlife in any region of the state in which production activity is occurring or, from any location in the state, research such impacts, up to five percent of the moneys in the operational account, which moneys shall not supplant moneys that would otherwise be made available for such programs; (g) For fiscal years commencing on or after July 1, 2010, for programs within the division of water resources, up to five percent of the moneys in the operational account. SECTION 2. 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.