§ 24-54.3-108 — Colorado secure savings program fund - creation

Colorado § 24-54.3-108

• Jurisdiction: Colorado
• Title 24: Government
• Art.: Colorado Secure Savings Program Act

Text

(1) The
Colorado secure savings fund, referred to in this section as the fund, is hereby
created in the state treasury. The fund consists of the following:

(a) Money appropriated to the fund by the general assembly;

(b) Money transferred to the fund from the federal government, other state
agencies, or local governments;

(c) Money from the payment of fees, penalties, and the payment of other
money due to the board; and

(d) Any gifts, grants, or donations made to the board, and any gifts, grants,
donations, or investments received by the state treasurer.

(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) Any unexpended and unencumbered moneys remaining in the fund at the
end of a fiscal year shall remain in the fund.

(4) Money in the fund is continuously appropriated to the board for the
purposes of implementing and administering this article 54.3.

Legislative History

Source: L. 2020: Entire section added, (SB 20-200), ch. 295, p. 1466, � 7, effective July 14.