§ 24-77-103.9. Over-Refunds of and Unrefunded State Revenues – Records and Disclosure
The department of revenue shall maintain a record of: Any amount of over-refund, as defined in section 24-77-103.7 (1), made in each fiscal year commencing on and after July 1, 2004; and Any amount of state revenues in excess of the limitation on state fiscal year spending for any fiscal year commencing on or after […]
§ 24-77-104. State Emergency Reserve – Cash Fund – Creation – Declaration of Emergency – Reimbursement of Emergency Reserve Expenditures
The state shall establish a state emergency reserve that is held by the state for emergencies declared pursuant to subsection (3) of this section. For each state fiscal year, the state emergency reserve shall not be less than three percent of state fiscal year spending minus annual bonded debt service. The state emergency reserve consists […]
§ 24-77-104.5. General Fund Exempt Account – Referendum C Money – Specification of Uses for Health Care and Education – Definitions
The moneys in the general fund exempt account created in section 24-77-103.6 (2) shall be appropriated or transferred in the following manner: If available, the amount set forth in subparagraph (II) of this paragraph (a) shall be used as follows: If the voters of the state approve the ballot issue set forth in House Joint […]
§ 24-77-105. Emergency Taxes – Declaration of Emergency – Limitation
Emergency taxes may be imposed by the state pursuant to the requirements set forth in paragraph (a) of subsection (2) of this section without prior approval of the registered electors of the state; except that no state property tax shall be imposed as an emergency tax. Any emergency tax may be imposed by the state […]
§ 24-77-106. Establishment of Annual Allowable Uncommitted Reserves – Legislative Declaration
The general assembly hereby finds and declares that: Section 20 of article X of the state constitution limits state fiscal year spending; Subject to certain exclusions specified in section 20 of article X of the state constitution, all state general fund revenues and all state cash fund revenues are included in the limitation on state […]
§ 24-77-106.5. Annual Financial Report – Certification of Excess State Revenues
For each fiscal year, the controller shall prepare a financial report for the state for purposes of ascertaining compliance with the provisions of this article. Any financial report prepared pursuant to this section shall include, but shall not be limited to, state fiscal year spending, reserves, revenues, revenues that the state is authorized to retain […]
§ 24-77-107. Construction
Nothing contained in this article shall be construed to apply to or impose, by implication or otherwise, any limitation, restriction, or prohibition upon or expansion of any local government fiscal policies. Source: L. 93: Entire article added, p. 1504, § 1, effective June 6.
§ 24-77-108. Creation of a New Fee-Based Enterprise
In order to provide transparency and oversight to government mandated fees the People of the State of Colorado find and declare that: After January 1, 2021, any state enterprise qualified or created, as defined under Colo. Const. Art. X, section 20(2)(d) with projected or actual revenue from fees and surcharges of over $100,000,000 total in […]
§ 24-77-101. Legislative Declaration
The general assembly hereby finds and declares that: Section 20 of article X of the state constitution, which was approved by the registered electors of this state at the 1992 general election, limits fiscal year spending of the state government; It is within the legislative prerogative of the general assembly to enact legislation which will […]
§ 24-77-102. Definitions
As used in this article 77, unless the context otherwise requires: “Collections for another government” means any tax revenues or other revenues that are collected by the state for the benefit and use of any government other than the state pursuant to the authority of such other government and that are passed through to the […]