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§ 2-2-1601. Legislative department cash fund - redistricting account - creation - definition

CO Rev Stat § 2-2-1601 (2018) (N/A)
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(1) (a) There is hereby created in the state treasury the legislative department cash fund. Except as otherwise provided in paragraph (b) of this subsection (1), the fund shall be comprised of such moneys that the general assembly, the house of representatives, the senate, or any legislative service agency accepts as gifts, grants, or donations, collects or otherwise receives from private and public sources, and any other moneys appropriated or transferred to the fund.

(b) Moneys collected or received from the following sources shall not be credited to the fund:

(I) Any moneys generated from the sale of bill boxes, legislative directories, and publications and other services provided by the print shop;

(II) Any moneys received from various departments for audits and studies;

(III) Any moneys received as payment of costs and fees pursuant to section 2-5-118 (2) or (2.5); and

(IV) Any moneys generated from the sale of publications and memorabilia relating to the state capitol building pursuant to section 24-82-108 (3)(f)(I), C.R.S.

(c) All interest earned on the investment of moneys in the fund shall be credited to the fund. Any moneys credited to the fund and unexpended at the end of any given fiscal year shall remain in the fund and shall not revert to the general fund.

(2) Except for moneys in the redistricting account created pursuant to subsection (2.5) of this section, moneys in the legislative department cash fund are continuously appropriated to the executive committee of the legislative council to pay for expenses of the legislative department of the state of Colorado. Moneys in the fund shall be expended consistent with any terms and conditions imposed as a condition of receiving such moneys as gifts, grants, or donations.

(2.5) There is hereby created in the legislative department cash fund the redistricting account, referred to in this subsection (2.5) as the "account". The account shall be comprised of any moneys appropriated or transferred to the account and any moneys received by the Colorado reapportionment commission, created pursuant to section 48 of article V of the state constitution, or the legislative council related to redistricting. Moneys in the account are continuously appropriated to the reapportionment commission and to the legislative council staff to pay for the expense of redistricting the congressional and state legislative districts in the state and to the general assembly to pay the expenses related to a special session for congressional redistricting. All interest earned on the investment of moneys in the account shall be credited to the account. Any moneys credited to the account and unexpended at the end of any given fiscal year shall remain in the account and shall not revert or be transferred to the general fund or any other fund; except that any unexpended moneys remaining in the account as of June 30, 2012, shall be transferred to the legislative department cash fund.

(2.6) Notwithstanding any law to the contrary, any moneys appropriated from the general fund to the legislative department of the state government for any fiscal year commencing on or after July 1, 2011, that are unexpended or not encumbered as of the close of that fiscal year shall not revert to the general fund and shall be transferred by the state treasurer and the controller to the legislative department cash fund.

(3) For purposes of this section, "legislative service agency" means the office of legislative legal services, legislative council staff, office of the state auditor, or staff of the joint budget committee.

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§ 2-2-1601. Legislative department cash fund - redistricting account - creation - definition