NOTE: The governor signed this measure on 3/22/2013.
      
      
      HOUSE BILL 13-1185
      
      
      BY REPRESENTATIVE(S) Gerou and Duran, Levy, Exum, Fields,
      Melton, Pabon, Peniston, Pettersen, Priola, Rosenthal, Schafer, Stephens,
      Williams, Young;
      also SENATOR(S) Steadman, Hodge, Lambert, Aguilar, Guzman, Heath,
      Nicholson, Tochtrop, Todd, Morse.
      
      
      Concerning transfers made from the operational account of the
           severance tax trust fund for providing energy-related
           assistance to low-income households, and, in connection
           therewith, eliminating the payment schedule for each fund
           and equalizing distributions for the 2012-13 state fiscal
           year.
       
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 39-29-109.3, amend
      (4) (c) as follows:
      
           39-29-109.3.  Operational account of the severance tax trust fund
      - repeal. (4) (c) (I)  Except as provided in paragraph (b) of this subsection
      (4), the state treasurer shall make the transfers specified in paragraph (f) of
      subsection (2) of this section as follows:
      
           (A)  The transfers to the Colorado energy office low-income energy
      assistance fund shall be made on July 1;
      
           (B)  The transfers to the department of human services low-income
      energy assistance fund shall be made on January 4;
      
           (C)  The transfers to the energy outreach Colorado low-income
      energy assistance fund shall be made on April 1.
      
           (II)  If there are proportional reductions made to the transfers
      specified in this paragraph (c) pursuant to paragraph (b) of this subsection
      (4), the treasurer shall transfer on July 1 of the following fiscal year the
      amount of the proportional reduction to the fund that should have received
      that money from the funding for the following fiscal year as specified in
      paragraph (f) of subsection (2) of this section and shall then distribute the
      remaining funding for the following fiscal year pursuant to the percentages
      specified in said paragraph (f).
      
           (III) (A)  Notwithstanding subparagraph (II) of this
      paragraph (c), and notwithstanding subparagraph (III) of
      paragraph (b) of this subsection (4), the total amount of transfers
      set forth in subsection (2) of this section, including the transfers
      for providing energy-related assistance to low-income
      households set forth in paragraph (f) of subsection (2) of this
      section, are proportionally reduced such that all funds receiving
      transfers in the 2012-13 state fiscal year are absorbing the same
      proportional reductions by the end of the fiscal year without
      reducing transfers that have already been made. The state
      treasurer shall transfer the appropriate amounts to the
      Colorado energy office low-income energy assistance fund, the
      department of human services low-income energy assistance fund,
      and the energy outreach Colorado low-income energy assistance
      fund no later than April 1, 2013.
      
           (B)  This paragraph (c) is repealed, effective July 1, 2013.
      
           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.
      
      
      
      
      ________________________________________________________
      Mark Ferrandino                         John P. Morse
      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