NOTE: The governor signed this measure on 5/4/2016.
      
      
      HOUSE BILL 16-1409
      
      
      BY REPRESENTATIVE(S) Hamner, Young, Rankin, Kraft-Tharp,
      Pettersen, Primavera, Rosenthal, Hullinghorst;
      also SENATOR(S) Lambert, Grantham, Steadman, Aguilar, Heath,
      Kefalas.
      
      
      Concerning the transfer of forty-two million eight hundred
           thousand dollars on June 30, 2016, from the unclaimed
           property trust fund for state programs.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 38-13-116.5, amend
      (2) (d), (2.6), and (2.8) (a) as follows:
      
           38-13-116.5.  Unclaimed property trust fund - creation -
      payments - interest - appropriations - records - rules. (2) (d)  Any
      moneys appropriated to the department of the treasury pursuant to this
      subsection (2) shall The following amounts constitute fiscal year
      spending for purposes of section 20 of article X of the state constitution:
      
           (I)  Any money that is appropriated to the department of the
      treasury as required by this subsection (2);
      
           (II)  Any money that is credited to the general fund as
      required by subsection (2.6) of this section; and
      
           (III)  Any money that is credited to the adult dental fund
      created in section 25.5-5-207 (4), C.R.S., as required by subsection
      (2.8) of this section.
      
           (2.6)  Notwithstanding any provision of this section to the contrary:
      
           (a)  On June 1, 2009, the state treasurer shall deduct fifty million
      dollars from the unclaimed property trust fund and transfer such sum to the
      general fund; and
      
           (b)  On July 1, 2009, the state treasurer shall deduct twenty-five
      million dollars from the unclaimed property trust fund and transfer such
      sum to the general fund; and
      
           (c)  On June 30, 2016, the state treasurer shall deduct eight
      million dollars from the unclaimed property trust fund and
      transfer such sum to the general fund.
      
           (2.8) (a) (I)  On and after April 1, 2014, after reserving the amounts
      described in paragraph (b) of this subsection (2.8), the state treasurer shall
      transmit to the adult dental fund created in section 25.5-5-207 (4), C.R.S.,
      an amount of principal and interest in the trust fund sufficient to implement
      the adult dental benefit pursuant to section 25.5-5-202 (1) (w), C.R.S.
      
           (II)  On June 30, 2016, the state treasurer shall deduct
      thirty-four million eight hundred thousand dollars from the
      unclaimed property trust fund and transfer such sum to the
      adult dental fund created in section 25.5-5-207 (4), C.R.S., to
      implement the adult dental benefit pursuant to section 25.5-5-202
      (1) (w), C.R.S., for the fiscal year 2016-17.
      
           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.
      
      
      
      
      ________________________________________________________
      Dickey Lee Hullinghorst                Bill L. Cadman
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ____________________________  ____________________________
      Marilyn Eddins                            Effie Ameen
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO