NOTE: The governor signed this measure on 5/24/2012.
      
      
      SENATE BILL 12-010
      
      
      BY SENATOR(S) Hodge, Bacon, Boyd, King S., Morse;
      also REPRESENTATIVE(S) Ferrandino, Fields, Labuda, Schafer S.
      
      
      Concerning the authority of the department of public safety to
           use grants and donations for the purpose of funding the
           activities of the Colorado bureau of investigation.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, add 24-33.5-427 as
      follows:
      
           24-33.5-427.  Colorado bureau of investigation grants and
      donations fund. The department is authorized to seek, accept, and
      expend grants or donations from private or public sources for the
      purposes of this part 4; except that the department may not seek,
      accept, or expend a grant or donation that is subject to conditions
      that are inconsistent with this part 4 or any other law of the
      state. The department shall transmit all private and public
      moneys received through grants or donations to the state
      treasurer, who shall credit the same to the Colorado bureau of
      investigation grants and donations fund, which fund is hereby
      created and referred to in this section as the "fund". The moneys
      in the fund are subject to annual appropriation by the general
      assembly to the department for the purposes of this part 4. The
      state treasurer shall credit all interest derived from the deposit
      and investment of moneys in the fund to the fund. At the end of
      any fiscal year, all unexpended and unencumbered moneys in the
      fund remain therein and shall not be credited or transferred to
      the general fund or any other fund. Moneys received pursuant to
      this section are not subject to the provisions of part 13 of article
      75 of this title.
      
           SECTION 2.  Act subject to petition - effective date. This act
      takes effect at 12:01 a.m. on the day following the expiration of the
      ninety-day period after final adjournment of the general assembly (August
      8, 2012, if adjournment sine die is on May 9, 2012); except that, if a
      referendum petition is filed pursuant to section 1 (3) of article V of the state
      constitution against this act or an item, section, or part of this act within
      such period, then the act, item, section, or part will not take effect unless
      approved by the people at the general election to be held in November 2012
      and, in such case, will take effect on the date of the official declaration of
      the vote thereon by the governor.
      
      
      
      
      ____________________________  ____________________________
      Brandon C. Shaffer                      Frank McNulty
      PRESIDENT OF                     SPEAKER OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
      
      
      ____________________________  ____________________________
      Cindi L. Markwell                      Marilyn Eddins
      SECRETARY OF                 CHIEF CLERK OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO