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Second Regular Session
Sixty-first General Assembly
LLS NO. 980733.01D ABA
HOUSE BILL 981402
STATE OF COLORADO
BY REPRESENTATIVES Grampsas, Owen, and Romero;
also SENATORS Lacy, Blickensderfer, and Rizzuto.
A BILL FOR AN ACT
CONCERNING AN INCREASE IN THE TRANSFER OF MONEYS
FROM THE GENERAL FUND TO THE CAPITAL CONSTRUCTION FUND.
(Note: This summary applies to this bill as introduced
and does not necessarily reflect any amendments that may be subsequently
Increases the transfer of moneys from the general
fund to the capital construction fund for both the 199798
and 199899 fiscal years.
Be it enacted by the General Assembly of the State of Colorado:
SECTION 1. 2475302 (2) (j) and (2) (k), Colorado Revised Statutes, are 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, 2001, 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, one hundred million dollars, plus seventyeight million seven hundred eightyfive thousand six hundred seventyfive dollars pursuant to H.B. 971244, plus two million seven hundred thirtysix thousand two hundred fifty dollars pursuant to H.B. 971318, plus seventythree thousand six hundred thirtysix dollars pursuant to H.B. 971060, plus two hundred twentyeight thousand two hundred seventytwo dollars pursuant to H.B. 971186, enacted at the first regular session of the sixtyfirst general assembly, PLUS SIXTEEN MILLION FIVE HUNDRED SIXTYTHREE THOUSAND TWO HUNDRED THIRTYTHREE DOLLARS PURSUANT TO H.B. 981402, ENACTED AT THE SECOND REGULAR SESSION OF THE SIXTYFIRST GENERAL ASSEMBLY.
(k) On July 1, 1998, fifty million dollars plus three hundred sixteen thousand six hundred thirtyfive dollars pursuant to H.B. 971186, enacted at the first regular session of the sixtyfirst general assembly, PLUS THREE HUNDRED NINE MILLION SEVENTY-SEVEN THOUSAND FOUR HUNDRED DOLLARS PURSUANT TO H.B. 981402, ENACTED AT THE SECOND REGULAR SESSION OF THE SIXTYFIRST GENERAL ASSEMBLY.
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.