BOARD01468

• Board Meeting Date: 11/20/2000
• Description: Native Species Trust Fund Recommendations
• Board Meetings - Doc Type: Memo

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SECTION 5. 37-60-122.2 (2), Colorado Revised Statutes, is amended BY THE ADDITION OF
A NEW PARAGRAPH to read:

37-60-122.2. Fish and wildlife resources - legislative declaration - fish and wildlife resources
account. (2) (f) NOTWITHSTANDING ANY PROVISION OF PARAGRAPH (a) OF THIS
SUBSECTION (2) TO THE CONTRARY, ON JULY 1,1998, THE STATE TREASURER
SHALL DEDUCT ONE MILLION DOLLARS FROM THE FISH AND WILDLIFE
RESOURCES ACCOUNT IN THE COLORADO WATER CONSER V A TION BOARD
CONSTRUCTION FUND AND TRANSFER SUCH SUM TO THE OPERATION AND
MAINTENANCE ACCOUNT OF THE SPECIES CONSERVATION TRUST FUND
CREATED IN SECTION 24-33-111 (2), C.R.S.

SECTION 6. 24-75-302 (2) (k), Colorado Revised Statutes, is amended to read:

24-75-302. Capital construction fund - capital assessment fees - calculation. (2) As of July 1,
1988, and July 1 of each year thereafter through July 1,2001, a sum as specified in this
subsection (2) shall accrue to the capital construction fund. The state treasurer and the controller
shall transfer such sum out of the general fund and into the capital construction fund as moneys
become available in the general fund during the fiscal year beginning on said July 1. Transfers
between funds pursuant to this subsection (2) shall not be deemed to be appropriations subject to
the limitations of section 24-75-201.1. The amount which shall accrue pursuant to this subsection
(2) shall be as follows:

(k) On July I, 1998, fifty million dollars plus three hundred sixteen thousand six hundred thirty-
five dollars pursuant to H.B. 97-1186, enacted at the first regular session of the sixty-first general
assembly PLUS FIVE MILLION ONE HUNDRED THOUSAND DOLLARS PURSUANT TO
H.B. 98-1006, ENACTED AT THE SECOND REGULAR SESSION OF THE SIXTY -FIRST
GENERAL ASSEMBLY;

SECTION 7. Transfer of appropriation. Out of the five million one hundred thousand dollars
($5,100,000) transferred to the capital construction fund pursuant to section 24-75-302 (2) (k),
Colorado Revised Statutes, there is hereby transferred to the capital account in the species
conservation trust fund, created in section 24-33-111 (2), Colorado Revised Statutes, for the
fiscal year beginning July 1, 1998, the sum of five million one hundred thousand dollars
($5,100,000), or so much thereof as may be necessary, for the implementation of this act.

SECTION 8. Safety clause. The general assembly hereby finds, determines, and declares that
this act is necessary for the immediate preservation of the public peace, health, and safety.

Approved: May 27, 1998