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CO HCR1002

Concurrent Resolution

Status

Failed

4/25/2016

Primary Sponsor

Jon Becker

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • 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.

  • Decreases Conservation Trust Fund distribution from 40% to 30% of lottery net proceeds.

  • Decreases Great Outdoors Colorado Trust Fund distribution from 50% to 35% of lottery net proceeds (subject to annual cap).

  • Creates a new distribution of 25% of lottery net proceeds to the State Education Fund beginning in fiscal year 2017-18.

  • 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

Committee Referrals

State, Veterans, and Military Affairs4/7/2016

Full Bill Text

No bill text available