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Last modified
8/15/2009 11:40:46 AM
Creation date
9/30/2006 8:11:58 PM
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Legislation
Bill Number
HB06-1385
Year
2006
Title
Concerning the provision for payment of the expenses of the executive, legislative, and judicial departments of the state of CO and its agencies and institutions, for and during the fiscal year 2007
Legislation - Doc Type
Long Bill
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<br />(II) The provisions of this paragraph (e) shall not apply where this <br />act specifically provides otherwise or where a cash funds or cash funds <br />exempt amount is marked with an "(L)". The "(L)" designation refers to <br />the funds oflocal 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 />(1) 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 requirements <br />or funding. It is intended that the cash funds or cash funds exempt amount <br />and the federal funds amount shall be expended in equally proportioned <br /> <br />PAGE II-HOUSE BILL 06-1385 <br />
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