NOTE: The governor signed this measure on 6/8/2016.
      
      
      SENATE BILL 16-073
      
      
      BY SENATOR(S) Grantham, Baumgardner, Cooke, Crowder, Garcia,
      Guzman, Heath, Holbert, Jahn, Jones, Kefalas, Kerr, Lambert, Lundberg,
      Marble, Martinez Humenik, Merrifield, Neville T., Scheffel, Scott,
      Sonnenberg, Steadman, Todd, Woods;
      also REPRESENTATIVE(S) Lawrence, Conti, Duran, Garnett,
      Kraft-Tharp, Lebsock, Lontine, Moreno, Pabon, Priola, Wilson, Windholz,
      Hullinghorst.
      
      
      Concerning the authority of the state auditor to audit the use of
           state gaming tax revenues transferred from the state
           historical fund directly to the gaming cities for historic
           preservation.
      
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, add 2-3-123 as
      follows:
      
           2-3-123.  Audits of the distribution of money in the state
      historical fund used for the preservation and restoration of the cities of
      Central, Black Hawk, and Cripple Creek. (1)  Subject to the
      requirements of section 2-3-103 (2), no later than September 1,
      2017, September 1, 2022, and September 1, 2027, the state auditor
      shall conduct or cause to be conducted postaudits and
      performance audits of the twenty percent of the twenty-eight
      percent of the limited gaming fund that is transferred to the
      state historical fund for the preservation and restoration of the
      city of Central, the city of Black Hawk, and the city of Cripple
      Creek as specified in subsection (5) (b) (III) of section 9 of article
      XVIII of the state constitution in order to ascertain:
      
           (a)  How the city of Central, the city of Black Hawk, and the
      city of Cripple Creek are spending their distributions and whether
      such expenditures are being used for the preservation and
      restoration of each city; and
      
           (b)  Whether the city of Central, the city of Black Hawk,
      and the city of Cripple Creek have adopted and are following the
      standards described in section 12-47.1-1202 (3), C.R.S., for
      distribution of grants from each city's share.
      
           (2)  This duty is in addition to the state auditor's duty to
      examine the reports submitted by the city of Central, the city of
      Black Hawk, and the city of Cripple Creek pursuant to the
      requirements of sections 29-1-606 and 29-1-607, C.R.S.
      
           SECTION 2.  Act subject to petition - effective date. This act
      takes effect at 12:01 a.m. on the day following the expiration of the
      ninety-day period after final adjournment of the general assembly (August
      10, 2016, if adjournment sine die is on May 11, 2016); except that, if a
      referendum petition is filed pursuant to section 1 (3) of article V of the state
      constitution against this act or an item, section, or part of this act within
      such period, then the act, item, section, or part will not take effect unless
      approved by the people at the general election to be held in November 2016
      and, in such case, will take effect on the date of the official declaration of
      the vote thereon by the governor.
      
      
      
      
      ____________________________  ____________________________
      Bill L. Cadman                Dickey Lee Hullinghorst
      PRESIDENT OF                     SPEAKER OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
      
      
      ____________________________  ____________________________
      Effie Ameen                            Marilyn Eddins
      SECRETARY OF                 CHIEF CLERK OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO