NOTE: The governor signed this measure on 2/27/2014.
      
      
      HOUSE BILL 14-1081
      
      
      BY REPRESENTATIVE(S) Fischer and Szabo, Vigil, Fields, Melton,
      Mitsch Bush, Schafer;
      also SENATOR(S) Baumgardner and Jahn, Schwartz.
      
      
      Concerning the motor carrier safety fund, and, in connection
           therewith, creating the fund, transferring money from the
           hazardous materials safety fund to the motor carrier
           safety fund, and specifying that any excess uncommitted
           reserves in the public utilities commission motor carrier
           fund be transferred to the motor carrier safety fund.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 40-2-110.5, amend (9)
      (a) as follows:
      
           40-2-110.5.  Annual fees - motor carriers - public utilities
      commission motor carrier fund - created. (9) (a)  For the 2006-07 fiscal
      year 2013-14 fiscal year and for each fiscal year thereafter, if the amount
      of uncommitted reserves in the motor carrier fund at the conclusion of any
      given fiscal year exceeds ten percent of the fund's expenditures during that
      fiscal year, the amount of the excess that is attributable to revenues
      received from any motor carrier, motor private carrier, broker, freight
      forwarder, leasing company, or any other person required to register with
      the United States department of transportation under the unified carrier
      registration system as authorized by federal law and as provided for in
      section 40-10.5-102 shall be transferred to the hazardous materials safety
      fund created in section 42-20-107, C.R.S., and the nuclear materials
      transportation fund created in section 42-20-511, C.R.S., proportional to
      the existing balances of those funds motor carrier safety fund
      created in section 42-4-235 (6), C.R.S.
      
           SECTION 2.  In Colorado Revised Statutes, 42-4-235, add (6) as
      follows:
      
           42-4-235.  Minimum standards for commercial vehicles - motor
      carrier safety fund - created - rules. (6)  The motor carrier safety
      fund is created in the state treasury. The fund consists of moneys
      transferred from the public utilities commission motor carrier
      fund pursuant to section 40-2-110.5 (9) (a), C.R.S. Moneys in the
      fund are subject to appropriation by the general assembly for the
      direct and indirect costs of the advancement of highway safety
      relating to commercial carrier operations pursuant to this
      section. All interest derived from the deposit and investment of
      moneys in the fund are credited to the fund, and any moneys not
      appropriated remain in the fund and do not transfer or revert to
      the general fund or any other fund.
      
           SECTION 3.  In Colorado Revised Statutes, 42-20-107, add (4) as
      follows:
      
           42-20-107.  Hazardous materials safety fund.
      (4)  Notwithstanding the provisions of this section, on the
      effective date of this subsection (4) the state treasurer shall
      transfer one million seven hundred thirty thousand eight
      hundred thirty-nine dollars to the motor carrier safety fund
      created in section 42-4-235 (6).
      
           SECTION 4.  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                        Morgan Carroll
      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