NOTE: The governor signed this measure on 4/6/2012.
      
      
      HOUSE BILL 12-1222
      
      
      BY REPRESENTATIVE(S) Becker, Gerou, Levy, Brown;
      also SENATOR(S) Hodge, Steadman, Lambert.
      
      
      Concerning the recreation of the department of transportation
           renovation fund to be used for transportation-related
           purposes.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 43-1-210, add (7) as
      follows:
      
           43-1-210.  Acquisition and disposition of property - department
      of transportation renovation fund - repeal. (7) (a)  The department of
      transportation renovation fund is hereby recreated in the state
      treasury and referred to in this subsection (7) as the "fund". The
      fund consists of the balance of moneys that were remaining in the
      fund on July 1, 2007, at which time the fund was repealed. The
      moneys in the fund are continuously appropriated to the
      department to pay for the renovation of property of the
      department and to make payments under any lease-purchase
      agreement authorized pursuant to House Bill 04-1456, enacted in
      2004. Any moneys in the fund not expended may be invested by the
      state treasurer as provided by law. All interest and income in the
      fund are credited to the fund. Any unexpended and unexcumbered
      moneys remaining in the fund shall remain in the fund at the end
      of a fiscal year and shall not be credited or transferred to the
      general fund or any other fund.
      
           (b)  This subsection (7) is repealed, effective July 1, 2015.
      
           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