§ 24-75-1001. Higher Education Fund
There is hereby created the higher education fund, which shall consist of all moneys which shall be allocated thereto by the state treasurer pursuant to subsection (2) of this section. The moneys annually allocated to the higher education fund shall be the amount of the total annual general fund appropriations to the department of higher […]
§ 24-75-1101. Legislative Declaration
The general assembly hereby finds and declares that, pursuant to the master settlement agreement between several states, including Colorado, and certain tobacco companies, the state will receive substantial moneys for several years, and that such moneys may be reduced based on several factors, such as decreased sales of tobacco products. The general assembly further finds […]
§ 24-75-1102. Definitions
As used in this part 11, unless the context otherwise requires: “Master settlement agreement” means the master settlement agreement, the smokeless tobacco master settlement agreement, and the consent decree approved and entered by the court in the case denominated State of Colorado, ex rel. Gale A. Norton, Attorney General v. R.J. Reynolds Tobacco Co.; American […]
§ 24-75-1103. Policy on Use of Tobacco Settlement Funds
No settlement moneys shall be used for a tobacco settlement program unless such program is expressly authorized by statute or is within the authority of the department or local government requesting funding. Nothing in this part 11 nor the establishment of any tobacco settlement program shall be deemed to create an entitlement to services or […]
§ 24-75-1104.5. Use of Settlement Moneys – Programs
Repealed. (1.3) (a) For the 2012-13 fiscal year, and for each fiscal year thereafter through the 2015-16 fiscal year, the lesser of all settlement moneys received or the following amounts of settlement moneys shall be allocated in each fiscal year in which the state receives the moneys in the percentages or amounts specified and for […]
§ 24-75-1107. Loss of Disputed Payments – Authorization for Transfers to Tobacco Litigation Settlement Cash Fund
The attorney general shall immediately notify the governor, the state treasurer, the joint budget committee of the general assembly, the speaker and minority leader of the house of representatives, and the president and minority leader of the senate if an arbitration panel makes any finding regarding the failure of the state to diligently enforce the […]
§ 24-75-1301. Definitions
As used in this part 13, unless the context otherwise requires: “Grant” means any gift, grant, or donation from a nongovernmental entity to a state agency that is not required to be repaid and that is fifty dollars or more. “State agency” means any department, commission, council, board, bureau, committee, agency, or other governmental unit […]
§ 24-75-907. Form and Terms of Notes
Notes shall be issued in a form consistent with the provisions of this part 9, describing the fund and the revenue from which such notes are payable; shall mature not later than three days before the last day of the fiscal year in which the same were issued; shall bear interest, if any, at a […]
§ 24-75-1302. State Agencies – Information Obtained With Grants
Each state agency that receives a grant to provide funding for a bill enacted by the general assembly that relies entirely on grant moneys for the funding source of the program, service, study, interim committee, or other government function required by the bill shall request that the entity submit a letter to the state agency […]
§ 24-75-908. Execution of Notes
The notes shall be signed on behalf of the state by the state treasurer and countersigned by the controller, and the seal of the state treasurer shall be affixed thereto; except that no such signatures or seal shall be required if the notes are issued in book entry form pursuant to section 24-75-907 (1). The […]