Laserfiche WebLink
<br />,,' <br /> <br />1 loss of property tax revenue resulting from the deduction of <br /> <br /> <br />2 severance taxes paid in the determination of the valuation for <br /> <br />3 assessment of producing mines. <br /> <br />4 (c) An amount equal to fifteen FIFTY percent of said gross <br /> <br />5 <br />6 <br />7 <br />8 <br />9 <br /> <br />receipts credited to the fund shall be distributed to counties or <br /> <br /> <br />municipalities on the basis of the proportion of employees of the <br /> <br /> <br />mine or related facility who reside in any such county's <br /> <br />10 <br /> <br />unincorporated area or in any such municipality to the total <br /> <br /> <br />number of employees of the mine or related facility. Such <br /> <br /> <br />distribution shall be made on the basis of the report required in <br /> <br />11 paragraph (d) of this subsection (1). <br />12 SECTION 5. Repeal. 39-29-109, Colorado Revised Statutes <br /> <br />13 <br />14 <br /> <br />1973, as amended, is ,repealed. <br /> <br />SECTION 6. Effective date. This act shall take effect July <br /> <br />15 1, 1979. <br /> <br />16 SECTION 7. Safety clause. The general assembly hereby <br /> <br /> <br />17 finds, determines, and declares that this act is necessary for <br /> <br /> <br />18 the immediate preservation of the public peace, ,health, and <br /> <br />19 safety. <br /> <br />-4- <br /> <br />147 <br /> <br /> <br />~, <br />~' <br />~ <br /> <br />C"") <br />", ," <br />..;')'/;.1' <br /> <br />(, <br />\....." <br />