Colorado § 25-27-107.5 Assisted living residence cash fund created

Colorado Statutes

§ 25-27-107.5 — Assisted living residence cash fund created

Colorado § 25-27-107.5

Title 25Public

Art.Assisted Living Residences

This text of Colorado § 25-27-107.5 (Assisted living residence cash fund created) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 25-27-107.5 (2026).

Text

(1)The fees collected pursuant to section 25-27-107, plus any civil penalty collected pursuant to section 25-27-103 (1)(b), shall be transmitted to the state treasurer, who shall credit the same to the assisted living residence cash fund, which fund is hereby created. The moneys in the fund shall be subject to annual appropriation by the general assembly for the direct and indirect costs of the department in performing its duties under this article. Notwithstanding subsection (2) of this section, at the end of any fiscal year, all unexpended and unencumbered moneys in the fund shall remain therein and shall not be credited or transferred to the general fund or any other fund.

(2)Notwithstanding subsection (1) of this section, on July 1, 2013, any moneys remaining in the fund f

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(1) The fees
collected pursuant to section 25-27-107, plus any civil penalty collected pursuant
to section 25-27-103 (1)(b), shall be transmitted to the state treasurer, who shall
credit the same to the assisted living residence cash fund, which fund is hereby
created. The moneys in the fund shall be subject to annual appropriation by the
general assembly for the direct and indirect costs of the department in performing
its duties under this article. Notwithstanding subsection (2) of this section, at the
end of any fiscal year, all unexpended and unencumbered moneys in the fund shall
remain therein and shall not be credited or transferred to the general fund or any
other fund.

(2) Notwithstanding subsection (1) of this section, on July 1, 2013, any moneys
remaining in the fund from fees collected by the department for assisted living
residence building and structure code plan reviews and inspections are transferred
to the health facility construction and inspection cash fund created in section 24-33.5-1207.8, C.R.S.

Legislative History

Source: L. 90: Entire section added, p. 1357, � 7, effective July 1. L. 2002: Entire section amended, p. 1325, � 9, effective July 1. L. 2012: Entire section amended, (HB 12-1268), ch. 234, p. 1026, �4, effective July 1, 2013.