CO HB1243

Creates Parks for Future Generations Trust Fund in the state treasury to receive moneys from energy or mineral royalties, leases on park properties, gifts, grants, and donations.

Requires at least fifty percent of deposited moneys to remain intact, with interest continuously appropriated for property operation, maintenance, and park projects deemed appropriate by the commission.

Amends Wildlife for Future Generations Trust Fund with identical structure to the new parks fund, allowing the commission to accept royalties and leases on wildlife properties.

Authorizes the Division of Parks and Wildlife to receive and expend moneys made available for mitigating or offsetting adverse impacts of development on parks, recreation areas, wildlife, and wildlife habitat.

Funds cannot be deposited in or transferred to the general fund; commission must submit annual reports to relevant legislative committees on expenditures and proposed uses.