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Publication Date

2008

Chapter

418

Session Type

Regular

Session Number

2

Document Type

Act

Start Page

2149

Concerning the Allocation of Federal Mineral Lease Revenues, and, in Connection Therewith, Requiring Federal Mineral Lease Bonus Payments to Be Transferred to a New Local Government Permanent Fund and a New Higher Education Maintenance and Reserve Fund and Specifying the Circumstances in Which and Purposes for Which Moneys in the Funds May Be Used, Preserving Existing Allocations of Federal Mineral Lease Revenues to the State Public School Fund and the Colorado Water Conservation Board Construction Fund and Allowing a Limited Amount of Growth in Those Allocations, Allocating Remaining Federal Mineral Lease Revenues to Counties, Municipalities, and School Districts Through Federal Mineral Lease-Specific Formula-Based Direct Distributions and Department of Local Affairs Grants and to the Higher Education Maintenance and Reserve Fund and a New Higher Education Federal Mineral Lease Revenues Fund, Specifying the Circumstances in Which Higher Education Maintenance and Reserve Fund Moneys May Be Expended for Specified Higher Education Funding Purposes, and Making an Appropriation.

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