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<br />Amendment to SB 99- 173 <br /> <br />-' <br /> <br />SECTION _' 37-60-121.1, Colorado Revised Statutes, is amended to read: <br /> <br />37-60-121.1. Reserved rights litigation fund. (2) (a) There is hereby established a reserved <br />rights litigation fund in the office of the state treasurer to be utilized by the department of law for <br />resolution of reserved rights claims. Moneys credited to said fund shall be expended by the <br />attorney general only upon authorization by the general assembly and consistent with the <br />provisions of this section. The controller, upon presentation of vouchers properly drawn and <br />signed by the attorney general or an authorized employee ofthe department of law, shall issue <br />warrants drawn on said fund. All moneys so deposited in the reserved rights litigation fund shall <br />remain in said fund to be used for the purposes set forth in this section and shall not revert to the <br />Colorado water conservation board construction fund, the general fund, or any other fund at the <br />end of the year, except as directed by the general assembly. All interest earned from the <br />investment of moneys in the reserved rights litigation fund shall be credited to and become a part <br />of the Colorado water conservation board construction fund created by section 37-60-121. <br />(6) trOT\l,'1TIISTA~IDl}rG A,try PROVISI{)}J OF P~~~l(.:\GP~A~PH (~1&) Of THIS <br />WBSRCTlON (2) TO TIm CC>>lTR.A.RY, ON JU'_ Y I, 1998, TIm nf.TR TRK'\WRBR <br />SMALL DRDUCT OI'lR MJLLlON DOLLAR8 fROM TIm ~SeR'/IlD PJClITS <br />LITIG4~&TI{)}J FmJD .^.:ND TR}.:NSFER SUCH SUM: TO THE C.^.PIT.^.L Acco~rT OF TIlE <br />SPeCIeS CC>>ISIlRV ATlC>>1 TRUST fillfD CREf.TRD ~l SIlCTION 11 33 III (2), C.R.S. <br /> <br />SECTION . 37-60-121, Colorado Revised Statutes, is amended to read: <br /> <br />37-60-121 Colorado Water Conservation board construction fund - creation of -nature of <br /> <br />.~ <br />fund - funds for investigation - contributions - use in augmenting general fund. (2.5) (e) <br />Any moneys remaining in the litigation account at such time as the general assembly acts to close <br />the account shall be equally divided and credited to the Colorado water conservation board <br />construction fund created in subsection (I) of this section and the domestic water supply project <br />revolving fund created in section 37-95-107.7. <br /> <br />(t) NOTWITHSTANDING ANY PROVISION OF SECTION (2.5) TO THE <br />CONTRARY, THE STATE TREASURER SHALL DEDUCT ONE MILLION DOLLARS <br />FROM THE LITIGA TroN FUND AND TRANSFER SUCH SUM TO THE CAPITAL <br />ACCOUNT OF THE SPECIES CONSERVATION TRUST FUND CREATED IN SECTION <br />24-33-111 (2), C.R.S. <br /> <br />..' <br /> <br />. <br />