Capital letters indicate new material to be added to existing statute.
Dashes through the words indicate deletions from existing statute.

HOUSE BILL 97­1359

BY REPRESENTATIVES Owen, Grampsas, Romero, Dyer, George, and McElhany;

also SENATORS Rizzuto, Lacy, Blickensderfer, Ament, J. Johnson, and Wham.


CONCERNING REVENUES TRANSFERRED TO THE CAPITAL CONSTRUCTION FUND FROM THE GENERAL FUND ON JULY 1, 1997.


Be it enacted by the General Assembly of the State of Colorado:

SECTION 1.  24­75­302 (2) (j), Colorado Revised Statutes, 1988 Repl. Vol., as amended, is amended to read:

24­75­302.  Capital construction fund ­ capital assessment fees ­ calculation. (2)  As of July 1, 1988, and July 1 of each year thereafter through July 1, 1998, a sum as specified in this subsection (2) shall accrue to the capital construction fund. The state treasurer and the controller shall transfer such sum out of the general fund and into the capital construction fund as moneys become available in the general fund during the fiscal year beginning on said July 1. Transfers between funds pursuant to this subsection (2) shall not be deemed to be appropriations subject to the limitations of section 24­75­201.1. The amount which shall accrue pursuant to this subsection (2) shall be as follows:

(j)  On July 1, 1997, fifty ONE HUNDRED million dollars; and

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.



____________________________ ____________________________

Charles E. Berry Tom Norton

SPEAKER OF THE HOUSE PRESIDENT OF

OF REPRESENTATIVES THE SENATE





____________________________ ____________________________

Judith M. Rodrigue Joan M. Albi

CHIEF CLERK OF THE HOUSE SECRETARY OF

OF REPRESENTATIVES THE SENATE



APPROVED________________________________________




_________________________________________

Roy Romer

GOVERNOR OF THE STATE OF COLORADO