NOTE: The governor signed this measure on 3/24/2012.
      
      
      HOUSE BILL 12-1028
      
      
      BY REPRESENTATIVE(S) Gerou, Casso, Court, Ferrandino, Fields,
      Fischer, Hamner, Hullinghorst, Jones, Kefalas, Kerr A., Labuda, Lee, Levy,
      Massey, McCann, Miklosi, Pabon, Pace, Peniston, Ryden, Schafer S.,
      Singer, Solano, Todd, Tyler, Vigil, Williams A., Wilson, Young;
      also SENATOR(S) Steadman, Aguilar, Bacon, Boyd, Foster, Giron, Heath,
      Hudak, Jahn, Johnston, King S., Morse, Newell, Schwartz, Tochtrop,
      Williams S.
      
      
      Concerning the continuation of energy-related assistance to
           low-income households from the operational account of
           the severance tax trust fund.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 39-29-109.3, amend
      (2) (f) (V) as follows:
      
           39-29-109.3.  Operational account of the severance tax trust fund
      - repeal. (2)  Subject to the requirements of subsections (3) and (4) of this
      section, if the general assembly chooses not to spend up to one hundred
      percent of the moneys in the operational account as specified in subsection
      (1) of this section, the state treasurer shall transfer the following:
      
           (f)  For providing energy-related assistance to low-income
      households as specified in section 40-8.7-112, C.R.S.:
      
           (V) (A)  For the state fiscal year commencing July 1, 2012, and
      each state fiscal year thereafter through the state fiscal year
      commencing July 1, 2018, thirteen million dollars as follows: Twenty-five
      percent to the department of human services low-income energy assistance
      fund created in section 40-8.7-112 (1), C.R.S.; twenty-five percent to the
      energy outreach Colorado low-income energy assistance fund created in
      section 40-8.7-112 (2) (a), C.R.S.; and fifty percent to the governor's energy
      office low-income energy assistance fund created in section 40-8.7-112 (3)
      (a), C.R.S.
      
           (B)  This subparagraph (V) is repealed, effective July 1, 2014 July
      1, 2020.
      
           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.
      
      
      
      
      ________________________________________________________
      Frank McNulty                      Brandon C. Shaffer
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ____________________________  ____________________________
      Marilyn Eddins                      Cindi L. Markwell
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO