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

SENATE BILL 97­204

BY SENATORS Norton, Wells, Feeley, Blickensderfer, Powers, and Tebedo;

also REPRESENTATIVES Anderson, C. Berry, and Snyder.

CONCERNING THE ESTABLISHMENT OF A REVOLVING FUND FOR PURPOSES OF PAYING COSTS INCURRED BY THE LEGISLATIVE COUNCIL OF THE GENERAL ASSEMBLY IN CARRYING OUT DUTIES RELATED TO INITIATED AND REFERRED MEASURES.

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

SECTION 1.  1­40­124.5, Colorado Revised Statutes, 1980 Repl. Vol., as amended, is amended BY THE ADDITION OF A NEW SUBSECTION to read:

1­40­124.5.  Ballot information booklet. (3)  THERE IS HEREBY ESTABLISHED IN THE STATE TREASURY THE BALLOT INFORMATION PUBLICATION AND DISTRIBUTION REVOLVING FUND. MONEYS SHALL BE APPROPRIATED TO THE FUND EACH YEAR BY THE GENERAL ASSEMBLY IN THE ANNUAL GENERAL APPROPRIATION ACT. ALL INTEREST EARNED ON THE INVESTMENT OF MONEYS IN THE FUND SHALL BE CREDITED TO THE FUND. MONEYS IN THE REVOLVING FUND ARE CONTINUOUSLY APPROPRIATED TO THE LEGISLATIVE COUNCIL OF THE GENERAL ASSEMBLY TO PAY THE COSTS OF PUBLISHING THE TEXT AND TITLE OF EACH CONSTITUTIONAL AMENDMENT AND INITIATED OR REFERRED MEASURE IN EVERY LEGAL NEWSPAPER IN THE STATE, AS REQUIRED BY SECTION 1­40­124, AND THE COSTS OF DISTRIBUTING THE BALLOT INFORMATION BOOKLET, AS REQUIRED BY SUBSECTION (2) OF THIS SECTION. ANY MONEYS CREDITED TO THE REVOLVING FUND AND UNEXPENDED AT THE END OF ANY GIVEN FISCAL YEAR SHALL REMAIN IN THE FUND AND SHALL NOT REVERT TO THE GENERAL FUND.

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.



____________________________ ____________________________

Tom Norton Charles E. Berry

PRESIDENT OF SPEAKER OF THE HOUSE

THE SENATE OF REPRESENTATIVES





____________________________ ____________________________

Joan M. Albi Judith M. Rodrigue

SECRETARY OF CHIEF CLERK OF THE HOUSE

THE SENATE OF REPRESENTATIVES



APPROVED________________________________________




_________________________________________

Roy Romer

GOVERNOR OF THE STATE OF COLORADO