SB 13-133 Summary

• Amends distribution of Limited Gaming Fund revenues starting with fiscal year 2012-13, replacing prior distribution formula that allocated funds to the state general fund

• Allocates first $15 million annually to the Colorado Travel and Tourism Promotion Fund

• Allocates $5.5 million annually to the Bioscience Discovery Evaluation Cash Fund for grant programs

• Allocates $5 million annually to the Local Government Limited Gaming Impact Fund

• Allocates remaining amounts to Innovative Higher Education Research Fund ($2.1 million), Creative Industries Cash Fund ($2 million), and Colorado Office of Film, Television, and Media Operational Account ($500,000), with any surplus exceeding these amounts transferred to the state general fund