LEG00184

• Bill Number: HB83-1320
• Year: 1983
• Title: Concerning the Fiscal Policy of the State
• Legislation - Doc Type: Other CWCB Related Bills - Passed

of this section, and all moneys remalnlng to the credit of the
fiscal emergency fund after such restoration shall be
transferred to the general fund upon written order of the
governor after approval of the joint committee on deficit
prevention.

SECTION 7. 37-60-121, Colorado Revised Statutes 1973, as
amended, is amended BY THE ADDITION OF A NEW SUBSECTION to
read:

37-60-121. Colorado water conservation board
construction fund - creation of - nature of fund - funds for
investigations contributions use for augmenting the
general fund. (5) Any other provision of law to the contrary
notwithstanding, all moneys in the Colorado water conservation
board construction fund not excluded by section 24-75-211 (1)
(a), C.R.S. 1973, shall be subject to use and restoration
pursuant to section 24-75-211, C.R.S. 1973.

SECTION B. 39-26-123 (2) (c) (I) (D), Colorado Revised
Statutes 1973, 1982 Repl. Vol., is amended to read:

39-26-123. Receipts - disposition. (2) (c) (I) (D) For
the fiscal year beginning July I, 1982, seven percent of net
revenue from sales and use taxes to the highway users tax fund
and eight percent thereof to the general fund; EXCEPT THAT THE
PORTION OF NET REVENUE FROM SALES AND USE TAXES WHICH WOULD
OTHERWISE BE TRANSFERRED TO THE HIGHWAY USERS TAX FUND FOR THE
MONTHS OF MARCH, APRIL, MAY, AND JUNE OF 1983 SHALL BE
TRANSFERRED TO THE FISCAL EMERGENCY FUND INSTEAD.

SECTION 9. 39-29-109, Colorado Revised Statutes 1973,
1982 Repl. Vol., is amended BY THE ADDITION OF A NEW
SUBSECTION to read:

39-29-109. Severance tax trust fund created
administration use for au mentin the eneral fund.
(3 Any other provision of law to the contrary
notwithstanding, all moneys not otherwise committed pursuant
to contracts entered into prior to the effective date of this
subsection (3) in the severance tax trust fund shall be
subject to use and restoration pursuant to section 24-75-211,
C.R.S. 1973.

SECTION 10. 24-35-210 (4), Colorado Revised Statutes
1973, 1982 Repl. Vol., is amended BY THE ADDITION OF A NEW
PARAGRAPH to read:

24-35-210. Lottery fund. (4) (c) Notwithstanding the
provisions of paragraphs (a) and (b) of this subsection (4),
for the fiscal year 1983-84 only, the state treasurer shall,
from time to time as moneys accrue to the fund, upon written

,

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PAGE 8-HOUSE BILL NO. 1320