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CO SB150
Bill
AI Summary
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Extends the temporary transfer of interest and income earned on public school fund investments to the state public school fund for state fiscal year 2010-11, in addition to the previously authorized 2008-09 and 2009-10 fiscal years.
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Redirects timber sale proceeds, rental payments for surface use, and lease payments for mineral extraction from public school lands to the state public school fund for fiscal year 2010-11, excluding amounts allocated to the state land board trust administration fund or the public school capital construction assistance fund.
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Extends the transfer of royalties and other payments for natural resource depletion or extraction on public school lands to the state public school fund for fiscal year 2010-11, with the same exclusions for other dedicated funds.
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Designates the bill as necessary for immediate preservation of public peace, health, and safety under the safety clause provision.
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Approved by Governor Bill Ritter, Jr.
Legislative Description
Temp Transfer Of Pub Sch Land Money
Last Action
Governor Action - Signed
4/15/2010