Colorado § 25-4-1405 AIDS and HIV prevention fund - administration - limitation

Colorado Statutes

§ 25-4-1405 — AIDS and HIV prevention fund - administration - limitation

Colorado·Title 25 Public·Art. Disease Control

(1)There is hereby created in the state treasury the AIDS and HIV prevention fund, referred to in this section as the fund, which consists of moneys that may be appropriated to the fund by the general assembly. The moneys in the fund are subject to annual appropriation by the general assembly for the direct and indirect costs associated with the implementation of the program. Any moneys in the fund not expended for the purpose of the program may be invested by the state treasurer as provided by law. All interest and income derived from the investment and deposit of moneys in the fund must be credited to the fund. Any unexpended and unencumbered moneys remaining in the fund at the end of a fiscal year remain in the fund and shall not be credited or transferred to the general fun

Free access — add to your briefcase to read the full text and ask questions with AI

(1)
There is hereby created in the state treasury the AIDS and HIV prevention fund,
referred to in this section as the fund, which consists of moneys that may be
appropriated to the fund by the general assembly. The moneys in the fund are
subject to annual appropriation by the general assembly for the direct and indirect
costs associated with the implementation of the program. Any moneys in the fund
not expended for the purpose of the program may be invested by the state
treasurer as provided by law. All interest and income derived from the investment
and deposit of moneys in the fund must be credited to the fund. Any unexpended
and unencumbered moneys remaining in the fund at the end of a fiscal year remain
in the fund and shall not be credited or transferred to the general fund or another
fund.

(2) Pursuant to section 24-75-1104.5 (1.7)(g), C.R.S., and except as otherwise
provided in section 24-75-1104.5 (5), C.R.S., for the 2016-17 fiscal year and for each
fiscal year thereafter so long as the state receives moneys pursuant to the master
settlement agreement, the state treasurer shall annually transfer to the fund three
and one-half percent of the total amount of the moneys received by the state
pursuant to the master settlement agreement, not including attorney fees and
costs, during the preceding fiscal year. The state treasurer shall transfer the
amount specified in this subsection (2) from moneys credited to the tobacco
litigation settlement cash fund created in section 24-22-115, C.R.S.

(3) The department may receive up to five percent of the moneys annually
appropriated by the general assembly to the department from the fund created in
subsection (1) of this section for the actual costs incurred in administering the
program.

Colorado § 25-4-1405 (AIDS and HIV prevention fund - administration - limitation) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2016: Entire part amended with relocations, (SB 16-146), ch. 230, p. 914, � 2, effective July 1; (2) amended, (HB 16-1408), ch. 153, p. 467, � 15, effective July 1.