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Last modified
8/16/2009 2:59:44 PM
Creation date
10/4/2006 6:52:36 AM
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Board Meetings
Board Meeting Date
3/24/2003
Description
Severance Tax Trust Fund Operational Account Recommendations
Board Meetings - Doc Type
Memo
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<br />Attachment A <br /> <br />. Severance Tax Trust Fund Distribution Chart <br /> <br />State Severance Tax Trust Fund <br /> <br />The Severance Tax Trust Fund resides in the office of the State <br />Treasurer. The fund is to be perpetual and held in trust as a <br />replacement for depleted natural resources and for the development <br />and conservation of the state's water resources (emphasis added). <br />39-29-109 CRS. <br /> <br /> <br /> <br />. <br /> <br />DOLA (50 %) <br />Energy Impact <br />Fund - grants <br />and loans to local <br />governments <br /> <br />DNR Operational Account <br />(25%) -- for programs & <br />projects related to energy <br />minerals, geology & water: <br />COGCC (45 %) <br />DMG (30%) <br />CGS (20 %) <br />CWCB (5%) <br /> <br />Perpetual Base Account <br />(25%) -- for CWCB water <br />project loans <br /> <br />. <br /> <br />15 <br />
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