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§ 25-1.5-506. Colorado health service corps fund - created - acceptance of grants and donations - annual appropriation from marijuana tax cash fund

CO Rev Stat § 25-1.5-506 (2018) (N/A)
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(1) The Colorado health service corps fund is hereby created in the state treasury, which fund consists of:

(a) All general fund money appropriated by the general assembly for the Colorado health service corps, the first five hundred thousand dollars of which shall be used solely for loan repayments for nursing faculty;

(b) Damages and penalties collected from breach of contract actions for loan repayment contracts; and

(c) For the 2016-17 fiscal year and each fiscal year thereafter, tobacco litigation settlement money transferred to the fund by the state treasurer pursuant to section 24-75-1104.5 (1.7)(n).

(2) (a) The money in the fund, other than the money described in subsection (1)(c) of this section, is hereby continuously appropriated to the primary care office for the Colorado health service corps. Any money in the fund not expended for the purpose of this part 5 may be invested by the state treasurer as provided by law. All interest and income derived from the investment and deposit of money in the fund shall be credited to the fund. Any unexpended and unencumbered money remaining in the fund at the end of a fiscal year remains in the fund and shall not be credited or transferred to the general fund or another fund.

(b) The money described in subsection (1)(c) of this section is subject to annual appropriation by the general assembly to the primary care office for the Colorado health service corps.

(3) The primary care office is authorized to receive contributions, grants, and services from public and private sources, and to expend public or private contributions and grants, to carry out the purposes of this part 5.

(4) (a) For the 2018-19 fiscal year and each fiscal year thereafter, the general assembly shall appropriate two million five hundred thousand dollars from the marijuana tax cash fund created in section 39-28.8-501 to the primary care office to:

(I) Provide loan repayment for behavioral health care providers and candidates for licensure participating in the Colorado health service corps; and

(II) Award scholarships to addiction counselors participating in the scholarship program.

(b) Since behavioral health care providers, candidates for licensure, and addiction counselors provide behavioral health care services and treatment to people with substance use or mental health disorders, use of money in the marijuana tax cash fund is permitted under section 39-28.8-501 (2)(b)(IV)(C).

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§ 25-1.5-506. Colorado health service corps fund - created - acceptance of grants and donations - annual appropriation from marijuana tax cash fund