WSPC07201

• File Number: 8200.700
• Description: Colorado River-Colorado River Basin-Colorado River Basin General Publications
• Date: 4/28/1977
• Title: Colorado River Documents and Major Events-Sparks Synopsis-July 1976-Comments on Senate Bill 453
• Water Supply Pro - Doc Type: Report/Study

100

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2355

(Orig. & 9)

SENATE
F L 0 0 R- A g Ir if IT MEN T
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~
Third Reading

liIXl1X
S.B. No. 35

Date

By Senators Noble, Anderson, and Bishop

Strike everything below the enacting clause, and substitute
the following:

"SECTION 1. 34-63-101, Colorado Revised Statutes
1973, is REPEALED AND REENACTED, WIlli At\IENDI.IENTS, to read:

34-63-101. State...treasur.er..to..receive-.and...dis:tribute
mineraLleasing..paymems. in accorc1ance wnn tne proVIsiOns
or section j~ or tne reaeral mineral leasing act of February
25, 1920, as amended, the state treasurer is directed to
deposit and distribute any moneys now held or to be received
by the state of Colorado from the United States as the
state's share of sales, bonuses, royalties, and rentals of
public lands within this state, for the benefit of the public
schools and political subdivisions of this state and for
other purposes in accordance with the provisions of sections
34-63-102 and 34-63-103.

SECTION 2. 34-63-102, Colorado Revised Statutes 1973,
,is REPEALED AND REENACTED, WIlli At\fENDMENTS, to read:

34- 63-102. Creation..of-IDineraL.leasing...flllld...and
distribution. (1) la) un or arrer January 1, 1':)1/, all
moneys, Including any interest earned therefrom, now held or
to be received by the state treasurer pursuant to the
provisions of the federal mineral leasing act of February
25, 1920, as amended, except those moneys described in
section 34-63-104, shall be deposited by the state treasurer
into a special fund to be known as the mineral leasing fund,
which is hereby created, for use by state agencies, public
schools, and political subdivisions of the state as
hereinafter described in this section for planning,
construction, and maintenance of public facilities and for
public services.

(b) In the appropriation and use of such moneys,
priority shall be given to those public schools and
political subdivisions socially or economically impacted by
the development, processing, or energy conversion of fuels
and minerals leased under said federal mineral leasing act.

(2) Twenty-five percent of all moneys described in

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