Colorado § 17-1-168 Broadband infrastructure cash fund - created - repeal

Colorado Statutes

§ 17-1-168 — Broadband infrastructure cash fund - created - repeal

Colorado·Title 17 Corrections·Art. Department of Corrections

(1)(a) The broadband infrastructure cash fund, referred to in this section as the fund, is created in the state treasury. The fund consists of money transferred to the fund pursuant to subsection (1)(b) of this section and any other money that the general assembly may appropriate, transfer, or require by law to be credited to the fund.

(b)On July 1, 2024, the state treasurer shall transfer four million five hundred seventy thousand seven hundred forty-one dollars from the general fund to the fund.

(c)On July 1, 2025, the state treasurer shall transfer eight hundred forty-two thousand three hundred forty-six dollars from the general fund to the fund.

(2)The state treasurer shall credit all interest and income derived from the deposit and investment of money in the fund to the

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(1) (a) The
broadband infrastructure cash fund, referred to in this section as the fund, is
created in the state treasury. The fund consists of money transferred to the fund
pursuant to subsection (1)(b) of this section and any other money that the general
assembly may appropriate, transfer, or require by law to be credited to the fund.

(b) On July 1, 2024, the state treasurer shall transfer four million five hundred
seventy thousand seven hundred forty-one dollars from the general fund to the
fund.

(c) On July 1, 2025, the state treasurer shall transfer eight hundred forty-two
thousand three hundred forty-six dollars from the general fund to the fund.

(2) The state treasurer shall credit all interest and income derived from the
deposit and investment of money in the fund to the fund.

(3) Subject to annual appropriation by the general assembly, the department
may expend money from the fund to install broadband infrastructure at the
following correctional facilities:

(a) Denver reception and diagnostic center;

(b) Fremont correctional facility;

(c) Denver women's correctional facility;

(d) Buena Vista correctional complex;

(e) San Carlos correctional facility; and

(f) Colorado territorial correctional facility.

(4) The state treasurer shall transfer all unexpended and unencumbered
money in the fund on July 1, 2027, to the general fund.

(5) This section is repealed, effective July 1, 2027.

Colorado § 17-1-168 (Broadband infrastructure cash fund - created - repeal) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2024: Entire section added, (HB 24-1386), ch. 91, p. 295, � 1, effective April 18. L. 2025: (1)(c) and (3)(f) added and (3)(d) and (3)(e) amended, (SB 25-213), ch. 114, p. 472, � 1, effective April 25.