NOTE: The governor signed this measure on 3/27/2014.
      
      
      SENATE BILL 14-106
      
      
      BY SENATOR(S) Lambert, Hodge, Steadman;
      also REPRESENTATIVE(S) Gerou, Duran, May, Pettersen, Rankin,
      Rosenthal, Wright.
      
      
      Concerning the appropriation of federal mineral lease moneys
           from the local government permanent fund to the
           department of local affairs, and, in connection therewith,
           making an appropriation.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 34-63-102, amend
      (5.3) (a) (I) (B) as follows:
      
           34-63-102.  Creation of mineral leasing fund - distribution -
      advisory committee - local government permanent fund created -
      definitions - repeal. (5.3) (a)  Bonus payments credited to the mineral
      leasing fund created in subparagraph (II) of paragraph (a) of subsection (1)
      of this section shall be distributed on a quarterly basis for each quarter
      commencing on July 1, October 1, January 1, or April 1 of any state fiscal
      year as follows:
      
           (I) (B)  Except as provided in sub-subparagraph (C) of this
      subparagraph (I), if, based on the revenue estimate prepared by the staff of
      the legislative council in March December of any fiscal year, it is
      anticipated that the total amount of moneys that will be deposited into the
      mineral leasing fund pursuant to subparagraph (II) of paragraph (a) of
      subsection (1) of this section during the fiscal year will be at least ten
      percent less than the amount of moneys so deposited during the
      immediately preceding fiscal year, the general assembly may appropriate
      moneys from the local government permanent fund to the department of
      local affairs for the current or next fiscal year. The maximum amount that
      the general assembly may appropriate for the current or next fiscal year
      pursuant to this sub-subparagraph (B) is an amount equal to the difference
      between the total amount of moneys credited to the local government
      mineral impact fund and directly distributed by the executive director of the
      department pursuant to paragraph (c) of subsection (5.4) of this section
      during the immediately preceding fiscal year and the estimated total amount
      of moneys to be so credited and distributed for the current fiscal year. The
      executive director of the department shall distribute all moneys
      appropriated pursuant to this sub-subparagraph (B) directly to counties and
      municipalities in combination with and using the methodology set forth in
      subparagraphs (I) to (IV) of paragraph (c) of subsection (5.4) of this
      section.
      
           SECTION 2.  Appropriation. In addition to any other
      appropriation, there is hereby appropriated, out of any moneys in the local
      government permanent fund created in section 34-63-102 (5.3) (a) (I) (A),
      Colorado Revised Statutes, not otherwise appropriated, to the department
      of local affairs, for the fiscal year beginning July 1, 2013, the sum of
      $4,304,072, for direct distribution to counties, federal mineral lease
      districts, and municipalities pursuant to section 34-63-102 (5.4) (c),
      Colorado Revised Statutes.
      
           SECTION 3.  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.
      
      
      
      
      ____________________________  ____________________________
      Morgan Carroll                        Mark Ferrandino
      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