§ 24-82-109 — State capitol building renovation fund

Colorado § 24-82-109

• Jurisdiction: Colorado
• Title 24: Government
• Art.: State Property

Text

The department of
personnel shall have the authority to accept any bequests, gifts, and grants of any
kind from any private source or from any governmental unit to be used for the
renovation of the Colorado state capitol building. For the purposes of this section,
renovation means the repair, remodeling, restoration, and preservation of the
Colorado state capitol building and any fixtures or improvements associated
therewith. The use of such bequests, gifts, and grants shall be subject to the
conditions upon which the bequests, gifts, and grants are made; except that no
bequest, gift, or grant shall be accepted if the conditions attached thereto require
the use or expenditure thereof in a manner contrary to law or require expenditures
from the general fund or any other fund in the state treasury unless such
expenditures are approved by the general assembly. Such bequests, gifts, and
grants, together with any other moneys appropriated or transferred by the general
assembly, shall be credited to the Colorado state capitol building renovation fund,
which fund is hereby created in the state treasury. The moneys in said fund shall be
continuously appropriated to the department for expenditures recommended by
the state capitol building advisory committee, created in section 24-82-108, and
approved by the capital development committee and the joint budget committee
for the purpose of renovating the Colorado state capitol building. All interest
derived from the deposit and investment of moneys in the fund shall be credited to
the fund. All unencumbered moneys in the fund at the end of any fiscal year not
appropriated shall remain in the fund and shall not be transferred or revert to the
general fund of the state.

Legislative History

Source: L. 97: Entire section added, p. 1101, � 1, effective May 27. L. 2005: Entire section amended, p. 635, � 1, effective May 27.