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CO SB145
Bill
Status
1/29/2013
Primary Sponsor
Angela Giron
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AI Summary
SB13-145: Conservation Trust Fund Reallocation
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Increases Conservation Trust Fund allocations to qualifying metropolitan districts providing parks and recreation services exclusively in unincorporated county areas, from one-half to the full percentage based on district population as a proportion of the unincorporated area population.
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Applies to metropolitan districts meeting four criteria: at least 10,000 residents as of July 1, 2012; only elected board members; parks and recreation facilities open to the general public including non-residents; and request for full percentage share in annual certification.
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Implements a 3-year phase-in period, with districts receiving four-sixths of the full percentage in year one and five-sixths in year two, or alternative percentages if the district and county enter into an intergovernmental agreement.
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Excludes districts in counties that pledged Conservation Trust Fund revenues to secure project financing as of January 1, 2013, until the county fully repays such financing.
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Authorizes the Division of Local Government to accept gifts, grants, and donations to implement the amendment, with funds credited to a new Conservation Trust Fund Allocation Expense Fund, repealing this authority on July 1, 2016.
Legislative Description
Metro District Conservation Trust Fund Allocations
Last Action
Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely
4/1/2013