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CO HCR1002
Concurrent Resolution
Status
4/25/2016
Primary Sponsor
Jon Becker
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AI Summary
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Submits a constitutional amendment to Colorado voters at the November 8, 2016 election to redistribute state lottery net proceeds beginning with fiscal year 2017-18.
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Decreases Conservation Trust Fund distribution from 40% to 30% of lottery net proceeds.
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Decreases Great Outdoors Colorado Trust Fund distribution from 50% to 35% of lottery net proceeds (subject to annual cap).
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Creates a new distribution of 25% of lottery net proceeds to the State Education Fund beginning in fiscal year 2017-18.
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Requires amendment passage by majority vote of electors to become part of the Colorado Constitution.
Legislative Description
Lottery Proceeds Distributed To The State Ed Fund
Last Action
House Committee on State, Veterans, & Military Affairs Postpone Indefinitely
4/25/2016