NOTE: The governor signed this measure on 5/3/2012.
      
      
      HOUSE BILL 12-1344
      
      
      BY REPRESENTATIVE(S) Gerou, Becker, Levy, Brown, Vigil, Kerr J.;
      also SENATOR(S) Hodge, Steadman, Lambert.
      
      
      Concerning transfers of moneys relating to capital construction.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 24-75-302, amend (2)
      introductory portion, (2) (x), (2) (y), (2.5) introductory portion, and (2.5)
      (c); and add (2.5) (f) and (2.5) (g) as follows:
      
           24-75-302.  Capital construction fund - capital assessment fees -
      calculation. (2)  As of July 1, 1988, and On July 1 of each year thereafter
      through July 1, 2012, the state treasurer and the controller shall
      transfer 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 are not be deemed to be appropriations subject to the
      limitations of section 24-75-201.1. The amount that shall accrue amounts
      transferred pursuant to this subsection (2) shall be are as follows:
      
           (x)  On July 1, 2011, forty-eight million one hundred seventy-one
      thousand seven hundred forty-nine forty-seven million six hundred
      seventy-one thousand seven hundred forty-nine dollars, plus seven
      hundred fifty thousand nine hundred ninety dollars pursuant to S.B. 07-096,
      enacted at the first regular session of the sixty-sixth general assembly; plus
      three hundred seventy-five thousand four hundred ninety-five dollars
      pursuant to S.B. 08-239, enacted at the second regular session of the
      sixty-sixth general assembly;
      
           (y)  On July 1, 2012, fifty-nine million nine hundred nineteen
      thousand three hundred nine dollars, plus one hundred twelve
      thousand six hundred forty-nine dollars pursuant to H.B. 08-1115, enacted
      at the second regular session of the sixty-sixth general assembly; plus three
      hundred seventy-five thousand four hundred ninety-five dollars pursuant to
      S.B. 08-239, enacted at the second regular session of the sixty-sixth general
      assembly; plus eighty-three thousand eight hundred sixty-one dollars
      pursuant to S.B. 10-128, enacted at the second regular session of the
      sixty-seventh general assembly.
      
           (2.5)  In addition to the sums accrued pursuant to subsection (2) of
      this section, as of July 1, 2005, and on July 1 of each year thereafter
      through July 1, 2010 July 1, 2012, the state treasurer and the
      controller shall transfer a sum as specified in this subsection (2.5)
      shall accrue to the capital construction fund. The state treasurer and the
      controller shall transfer such sum from the general fund exempt account of
      the general fund created pursuant to section 24-77-103.6 to the capital
      construction fund as moneys become available in the general fund exempt
      account during the fiscal year beginning on said July 1. Transfers between
      funds pursuant to this subsection (2.5) shall are not be deemed to be
      appropriations subject to the limitations of section 24-75-201.1. The amount
      that shall accrue amounts transferred pursuant to this subsection (2.5)
      shall be are as follows:
      
           (c)  On July 1, 2007, twenty million dollars; and
      
           (f)  On July 1, 2011, five hundred thousand dollars; and
      
           (g)  On July 1, 2012, five hundred thousand dollars.
      
           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