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Last modified
8/15/2009 11:40:44 AM
Creation date
9/30/2006 8:11:57 PM
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Legislation
Bill Number
SB05-226
Year
2005
Title
Concerning the payment of moneys to the state of Kansas as required pursuant to the Kansas v. Colorado litigation regarding the depletion of water from the Arkansas River, and making an appropriation
Legislation - Doc Type
Other CWCB Related Bills - Passed
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<br />. <br /> <br />24-75-403. Cash funds - restriction on use of moneys - definitions. <br />(I) (b) (I) The general assembly may designate any moneys in a cash fund, <br />including moneys derived from a charge, as all or a portion of the reserve <br />required by section 20 (5) of article X of the state constitution and section <br />24- 77 -104 and may expend the moneys designated as authorized by said <br />sections. A cash fund from which moneys designated as all or a portion of <br />the reserve are expended! dUring any state fiscal year shall be fully <br />reimbursed for the expenditures on or before the last day of the next state <br />fiscal year. <br /> <br />(II) THE PROVISIONS OF THIS SECTION SHALL NOT APPLY TO THE <br />TRANSFER OF MONEYS FROM THE SEVERANCE TAX TRUST FUND PURSUANT TO <br />SECTION 39-29-109 (6), C.R.S., AND THE LOCAL GOVERNMENT SEVERANCE <br />TAX FUND PURSUANT TO SECTION 39-29-110 (4), C.R.S., TO THE KANSAS V. <br />COLORADO PLAINTIFF'S DAMAGES PAYMENT FUND CREATED IN SECTION <br />24-31-502 (1) AND THE KANSAS V. COLORADO PLAINTIFF'S LEGAL COSTS FUND <br />CREATED IN SECTION 24-31-502 (2) FOR THE PURPOSE OF MAKING THE <br />PAYMENT OF MONEYS TO THE ST ATE OF KANSAS AS REQUIRED PURSUANT TO <br />THE KANSAS V. COLORADO LITIGATION REGARDING THE DEPLETION OFW A TER <br />FROM THE ARKANSAS RIVER. <br /> <br />. <br /> <br />SECTION S. Appropriation. (1) In addition to any other <br />appropriation, there is hereby appropriated, out of any moneys in the <br />Kansas v. Colorado plaintiffs damages payment fund created in section <br />24-31-502 (1), Colorado Revised Statutes, not otherwise appropriated, to <br />the department of law, for the fiscal year beginning July 1, 2004, the sum <br />of thirty-four million seven hundred ninety-six thousand one hundred <br />twenty-nine dollars ($34,796,129), or so much thereof as may be necessary, <br />for the implementation of section 24-31-502 (1), Colorado Revised Statutes. <br /> <br />(2) The moneys appropriated in subsection (1) of this section shall <br />remain available for the designated purposes through June 30, 2006. <br /> <br />SECTION 6. Effective date. This act shall take effect upon <br />passage; except that section 4 of this act shall take effect only if House Bill <br />05-1001 is enacted at the First Regular Session of the Sixty-fifth General <br />Assembly and becomes law. <br /> <br />SECTION 7. Safety clause. The general assembly hereby fmds, <br /> <br />. <br /> <br />PAGE 5-SENATE BILL 05-226 <br />
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