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Last modified
8/15/2009 11:40:11 AM
Creation date
9/30/2006 8:11:17 PM
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Legislation
Bill Number
HB04-1422
Year
2004
Title
Concerning the provision for payment of the expenses of the executive, legislative, and judicial depts of the state of Colorado
Legislation - Doc Type
Long Bill
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<br />exempt amount is marked with an "(L) " , The "(L)" designation refers to <br />. the funds of1oeal governments or to the funds of service organizations from <br />which the state purchases services, the amounts of which are not <br />appropriated in this act and the inclusion of which is informational only. <br /> <br />(III) Whenever a state agency receives cash funds or exempt cash <br />funds from a centralized appropriation made to the office of the executive <br />director of such agency's department and this act does not set forth such <br />funds as a duplicate appropriation to said receiving agency, the provisions <br />of this paragraph (e) shall not apply to the receipt of such funds. <br /> <br />(IV) Whenever the controller creates an account solely for the <br />purpose of establishing the obligation of a state agency to generate cash <br />funds or exempt cash funds for distribution to another state agency to which <br />such funds are appropriated by this act, the provisions of this paragraph (e) <br />shall not apply to the account created or to such distribution. . <br /> <br />(f) Where the letter "(H)" appears directly to the right of a cash <br />funds or cash funds exempt figure, that appropriation, when combined with <br />the related cash funds or cash funds exempt transfers from the centralized <br />appropriations to the office of the executive director, is used to support a <br />federally supported program and is the maximum amount of cash funds or <br />cash funds exempt moneys that may be expended in that program, except <br />where otherwise provided. In the event that additional federal funds are <br />'available for the program, the combined cash funds or cash funds exempt <br />amount noted as "(H)" shall be reduced by the amount of federal funds <br />earned or received in excess of the figure shown in the "federal funds" <br />column for that program. In the event that the federal funds earned or <br />received are less than the amount shown in the "federal funds" column, the <br />combined cash funds or cash funds exempt amount noted as "(H)" shall be <br />reduced proportionately. Where cash funds or cash funds exempt support <br />is required as a condition for the acceptance of federal funds and the state <br />matching requirements are reduced, the combined cash funds or cash funds <br />exempt amount noted as "(H)" shall be reduced proportionately. These <br />provisions shall apply only to the cash funds or cash funds exempt amount <br />. which remains unexpended at the time of the change in federal <br />requirements or funding. It is intended that the cash funds or cash funds <br />exempt amount and the federal funds amount shall be expended in equally <br />proportioned amounts throughout the year. <br /> <br />(g) Where a "(T)" appears directly to the right of a cash funds or <br /> <br />PAGE ll-HODSE BILL 04-1422 <br />
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