NOTE: The governor signed this measure on 5/31/2014.
      
      
      HOUSE BILL 14-1339
      
      
      BY REPRESENTATIVE(S) Gerou, Duran, May, Court, Exum, Fischer,
      Ginal, Hullinghorst, Labuda, Lebsock, Melton, Mitsch Bush, Moreno,
      Pettersen, Rosenthal, Salazar, Schafer, Vigil, Williams, Becker, Wright;
      also SENATOR(S) Hodge, Steadman, Lambert, Crowder, Heath, Kefalas,
      King, Newell, Nicholson, Rivera, Roberts, Ulibarri.
      
      
      Concerning the creation of the hazardous substance site
           response fund.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, add 25-16-104.9 as
      follows:
      
           25-16-104.9. Hazardous substance site response fund - creation
      - transfer - use - definition. (1)  As used in this section, "fund" means
      the hazardous substance site response fund created in subsection
      (2) of this section.
      
           (2)  The hazardous substance site response fund is created
      in the state treasury. The fund consists of any moneys
      transferred pursuant to section 24-75-220 (4) (a) (III.5), C.R.S. The
      general assembly may appropriate moneys in the fund to the
      department for the purposes specified in section 25-16-104.
      
           (3)  Any moneys in the fund not expended may be invested by
      the state treasurer as provided by law. All interest and income
      derived from the investment and deposit of moneys in the fund are
      credited to the fund. Any unexpended and unencumbered moneys
      remaining in the fund at the end of a fiscal year remain in the
      fund and may not be credited or transferred to the general fund
      or any other fund.
      
           SECTION 2.  In Colorado Revised Statutes, 25-16-104.6, amend
      (4) as follows:
      
           25-16-104.6.  Fund established - administration - revenue
      sources - use. (4)  It is the intent of the general assembly that state
      matching moneys be appropriated solely only from the hazardous
      substance response fund or the hazardous substance site response
      fund.
      
           SECTION 3.  In Colorado Revised Statutes, 24-75-220 (4), as
      amended by House Bill 14-1342, add (4) (a) (III.5) as follows:
      
           24-75-220.  State education fund - transfers - surplus - legislative
      declaration. (4) (a)  Notwithstanding any provision of law to the contrary,
      following the release of the preliminary certification by the state controller
      for the fiscal year 2013-14 as specified in section 24-77-106.5 (1) (b), the
      director of research of the legislative council shall work with the state
      controller to determine a preliminary figure representing the estimated
      general fund surplus designated in accordance with section 24-75-201 (1)
      for the fiscal year 2013-14. The state controller shall provide such
      preliminary figure to the state treasurer, the director of the office of state
      planning and budgeting, and the director of the joint budget committee
      before September 15, 2014. On September 15, 2014, an amount equal to
      ninety percent of that preliminary figure is allocated in the following order
      of priority:
      
           (III.5)  The state treasurer shall transfer ten million
      dollars from the general fund to the hazardous substance site
      response fund created in section 25-16-104.9, C.R.S.
      
           SECTION 4.  Effective date. This act takes effect upon passage
      only if House Bill 14-1342 becomes law and takes effect either upon the
      effective date of this act or House Bill 14-1342, whichever is later.
      
           SECTION 5.  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