LEG00009

• Bill Number: SB96-170
• Year: 1996
• Title: Concerning the Severance Tax Trust Fund and Making an Appropriation in Connection Therewith
• Legislation - Doc Type: Other CWCB Related Bills - Passed

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MONEYS IN'THE OPERATIONAL ACCOUNT;

(B)' FOR PROGRAMS WITHIN THE COLORADO GEOLOGICAL SURVEY, UP
TO .TWENTY: PERCE~T OF THE MONEYS IN ,THE OPERATIONAL ACCOUNT; ,

(C) \; FOR PROGRAMS WITHIN THE DIVISION OF MINERALS AND
GEOLOGY, UP TO THIRTY PERCENT OF THE MONEYS IN THE OPERATIONAL
ACCOUNT; . AND

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i '(D). FOR ,PROGRAMS WITHIN THE COLORADO WATER CONSERVATION
BOARD, ',UP TO FIVE PERCENT OF THE MONEYS IN THE OPERATIONAL
ACCOUNT.

; ~ (II) MON~YS APPROPRIAT,ED,FORPROGRAMS OR PROJECTS WITHIN
THE COLORADO · OIL .AND GASJl:CONSER'{ATION, COMMISSION PURSUANT TO
SUB-S'UBPARAGRAPHdA}"Of SU6PARA~RAPH, (I) OF .THIS PARAGRAPH. (c)
SHALLBEiUSED.BY. THE, COMMISSION FOR PLUGGING AND ABANDONMENT
PROJECTS; .' FOR,WELL"-SrrE; LQtATION;c'RECLAMATION PROJECTS,' .OR FOR
REGULATORY AND ENVIRONMENTAL PROGRAMS OR PROJECTS AS SPECIFICALLY
APPROPRIATED BY ,THE GENERAL./ASSEMBLY FOR USE ON SUCH PROGRAMS OR
PROJECTS; . EXCEPT .THALIF.(,JH(,; COMMISSION DETERMI.NES, THAT AN
EMERGENCY EXISTS, THE COMMISSION MAY EXPEND ANY MONEYS RECEIVED
FOR SUCH EMERGENCY WITHOUT ANY FURTHER APPROPRIATioN. IN
DETERMINING THE USES OF THESE MONEYS, THE COMMISSION SHALL GIVE
PRIORITY TO USES THAT REDUCE JNDUSTRY FEES AND MILL LEVIES.

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(3) .'tR~ ether pre'l; 5; SR af 1 :t'.: ts the f:BRtrary
natwitHstandiRg, all maReys Rat atHerwise tammitted pursuaRt ta
t9Rtract eRtere~ iRis prier ts April 22, }9B7, ;R tRe se~eraRce
tax trust fURd SHall be subjett ta use aRd restaratian pursuaRt
ta settiaR 21 75 211, C.R.S.,

SECTION 2. 34-20-104 (3), Colorado Revised Statutes, 1995
Rep1. Vol., is amended BY THE ADDITION OF A NEW PARAGRAPH to read:

34-20-104. Minerals, energy, and geology policy adVisory
board - creation. (3) The advisory board shall:

(j) PROVIDE ADVICE TO THE EXECUTIVE DIRECTOR ON PROGRAMS
OR PROJECTS THAT SHOULD RECEIVE A GRANT OF FUNDS FROM THE
OPERATIONAL ACCOUNT OF THE SEVERANCE TAX TRUST FUND AS SET FORTH
IN SECTION 39-29-109, C.R.S.

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SECTION 3. Appropriation. (1) In addition to any other
appropriation, there is hereby appropriated, out of any moneys
available in the operational account of the severance tax trust
fund created pursuant. to section 39-29-109, Colorado Revi sed
Statutes, not otherwise appropriated or encumbered, to the
department of natural resources, for the fiscal year beginning
July 1, 1996, the sum of three million one hundred seventy-two
thousand dollars ($3,172,000) and 2.0 FTE, or so much thereof as
may be necessary, to be a 11 ocated for the fo 11 owi ng programs

PAGE 3-SENATE BILL 96-170