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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
HB06-1311
Year
2006
Title
Concerning the species conservation trust fund, and, in connection therewith, approving the species conservtion eligibility list, recapitalizing the species conservation trust fund, and making an appr
Legislation - Doc Type
Other CWCB Related Bills - Passed
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<br />(A) FOUR MILLION FOUR HUNDRED THOUSAND DOLLARS AND <br />TRANSFER SUCH SUM TO THE CAPITAL ACCOUNT OF THE SPECIES <br />CONSERVATIONTRUSTFUNDCREATEDINSECTION24-33-lll (2) (a), C.R.S.; <br />AND <br /> <br />(B) FOUR MILLION FOUR HUNDRED THOUSAND DOLLARS AND <br />TRANSFER SUCH SUM TO THE OPERATION AND MAINTENANCE ACCOUNT OF <br />THE SPECIES CONSERV ATlONTRUSTFUND CREATED IN SECTION 24-33-111 (2) <br />(a), C.R.S.; <br /> <br />(III) THIS PARAGRAPH (k) IS REPEALED, EFFECTIVE JULY 1,2007. <br /> <br />SECTION 4. 24-33-111 (2) (b), (2) (c), (2) (d), and (2) (e), <br />Colorado Revised Statutes, are amended to read: <br /> <br />24-33-111. Conservation of native species - fund created - repeal. <br />(2) Species conservation trust fund - creation. (b) (I) Notwithstanding <br />any provision of this section to the contrary, on March 27, 2002, the state <br />treasurer shall deduct two million five hundred thousand dollars from the <br />capital account of the species conservation trust fund and transfer such sum <br />to the general fund. <br /> <br />(II) THIS P ARAGRAPH (b) IS REPEALED, EFFECTIVE JULY 1,2007. <br /> <br />(c) (I) In order to restore the amount transferred from the capital <br />account of the species conservation trust fund pursuant to paragraph (b) of <br />this subsection (2): <br /> <br />ffl(A) On June 30, 2002, the state treasurer shall transfer an amount <br />of reversions to the general fund for the 2001-02 fiscal year to the capital <br />account of the species conservation trust fund equal to the amount of such <br />reversions or the amount transferred from the capital account ofthe species <br />conservation trust fund pursuant to paragraph (b) of this subsection (2), <br />whichever is less. <br /> <br />tHJ (B) To the extent the amount transferred from the capital <br />account of the species conservation trust fund pursuant to paragraph (b) of <br />this subsection (2) is not fully restored pursuant to subparagraph (I) of this <br />paragraph (c), moneys from the general fund shall be transferred to the <br />capital account of the species conservation trust fund pursuant to section <br /> <br />PAGE 5-HOUSE BILL 06-1311 <br />
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