Colorado § 32-8-126 Moffat tunnel cash fund - created

Colorado Statutes

§ 32-8-126 — Moffat tunnel cash fund - created

Colorado·Title 32 Special·Art. Moffat Tunnel Improvement District

(1)All cash, proceeds, and other moneys collected by the department pursuant to this article shall be transmitted to the state treasurer who shall credit the same to the Moffat tunnel cash fund, which fund is hereby created. Moneys in the fund not subject to immediate transfer pursuant to section 32-8-124.7 (2) shall be subject to annual appropriation by the general assembly for the direct and indirect costs of the administration of this article.

(2)Notwithstanding any provision of subsection (1) of this section to the contrary, on June 1, 2009, the state treasurer shall deduct eighty-six thousand seven hundred fifty-eight dollars from the Moffat tunnel cash fund and transfer such sum to the general fund.

(3)Notwithstanding subsection (1) of this section, on June 30, 2020, th

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(1) All cash, proceeds, and
other moneys collected by the department pursuant to this article shall be
transmitted to the state treasurer who shall credit the same to the Moffat tunnel
cash fund, which fund is hereby created. Moneys in the fund not subject to
immediate transfer pursuant to section 32-8-124.7 (2) shall be subject to annual
appropriation by the general assembly for the direct and indirect costs of the
administration of this article.

(2) Notwithstanding any provision of subsection (1) of this section to the
contrary, on June 1, 2009, the state treasurer shall deduct eighty-six thousand
seven hundred fifty-eight dollars from the Moffat tunnel cash fund and transfer
such sum to the general fund.

(3) Notwithstanding subsection (1) of this section, on June 30, 2020, the state
treasurer shall transfer one hundred sixty-seven thousand four hundred sixty-three
dollars from the Moffat tunnel cash fund to the general fund.

Colorado § 32-8-126 (Moffat tunnel cash fund - created) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 96: Entire section added, p. 1051, � 6, effective May 23. L. 2002: Entire section amended, p. 1074, � 6, effective August 7. L. 2009: Entire section amended, (SB 09-279), ch. 367, p. 1930, � 19, effective June 1. L. 2020: (3) added, (HB 20-1381), ch. 171, p. 786, � 7, effective June 29.