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<br /> <br />1 board established pursuant to section 34-20-104, C.R.S., shall review the <br />. 2 executive director's recommendation before submittal. The general <br />3 assembly may appropriate moneys from the total moneys available in the <br />4 operational account of the severance tax trust fund to fund recommended <br />5 programs as follows: <br />6 (D) For programs within the Colorado water conservation board, <br />7 up to five percent of the moneys in the operational account. ~hich mOilGYS <br />8 shall be appropdated to the; seve,ihlce; tax trtlst fund state;~ide; ware, <br />9 plannin~ aGGotlut, G1eatcd in SCGtio,j J7-GO-121.J, c.R.S. <br />10 SECTION 27. The introductory portions to 37-60-121 (2.5) (a) <br />11 and (2.5) (b), 37-60-121 (2.5) (c), (2.5) (d), (2.5) (e), (2.5) (f), the <br />12 introductory portion to 37-60-121 (6), and 37-60-121 (6) (b), (6) (c), (6) <br />13 (d) (II) (A), and (6) (d) (VII), Colorado Revised Statutes, are amended to <br />14 read: <br />. 15 37-60-121. Colorado water conservation board construction <br />16 fund - creation of . nature of fund - funds for investigations - <br />17 contributions . use for augmenting the generaI fund . funds created. <br />18 (2.5) (a) The board is authorized to expend, pursuant to continuous <br />19 appropriation and subject to the requirements of paragraph (b) of this <br />20 subsection (2.5), a total sum not to exceed four million dollars from the <br />21 litigation accotlnt FUND, which is hereby created, ill the Colv,adv vvatel <br />22 Ganse;, vatiol1 bomd constr tlGtioll ftllld, for the purpose of litigation: <br />23 (b) Pursuant to the spending authority set Jorth in paragraph (a) of <br />24 this subsection (2.5), moneys may be expended from the litigation aGGaullt <br />25 in the; Cvlorado l"Iatc1 GaIlSU vatio,l boa.d e;onstrtlGtion fund at the <br />26 discretion of the board if: <br />. 27 (c) Any interest earned on the moneys in the litigation aGGOtlllt <br /> <br />-22- <br /> <br />SBOl-157 <br />