Colo. Rev. Stat. § 35-1-106.5

Current through Chapter 519 of the 2024 Legislative Session and Chapter 2 of the 2024 First Extraordinary Session
Section 35-1-106.5 - Inspection and consumer services cash fund - creation
(1) All fees, fines, and penalties collected under articles 12, 13, 14, 21, 33, 36, and 60 of this title 35 and part 2 of article 43 of this title 35, other than civil penalties collected under section 35-21-107.5, shall be transmitted to the state treasurer, who shall credit the same to the inspection and consumer services cash fund, which fund is hereby created in the state treasury. All interest derived from the deposit and investment of money in the fund shall be credited to the fund. At the end of any fiscal year, all unexpended and unencumbered money in the fund remains in the fund and shall not be credited or transferred to the general fund or any other fund or used for any purpose other than to offset the costs of implementing, administering, and enforcing the provisions of articles 12, 13, 14, 21, 33, 36, and 60 of this title 35 and part 2 of article 43 of this title 35. Money in the fund is subject to annual appropriation to the department for such purposes.
(2) In accordance with section 24-75-402 (3)(c), C.R.S., the alternative maximum reserve for the inspection and consumer services cash fund is fifty percent of the amount expended from the fund during the fiscal year.
(3) (Deleted by amendment, L. 2007, p. 1902, § 2, effective July 1, 2007.)

C.R.S. § 35-1-106.5

Amended by 2020 Ch. 160, § 9, eff. 6/29/2020.
Amended by 2020 Ch. 159, § 8, eff. 6/29/2020.
Amended by 2018 Ch. 274, § 73, eff. 5/29/2018.
Amended by 2017 Ch. 262, § 9, eff. 8/9/2017.
Amended by 2015 Ch. 322, § 9, eff. 6/5/2015 and applicable to fiscal years beginning on or after 7/1/2014.
L. 2003: Entire section added, p. 1724, § 3, effective May 14. L. 2005: (1) and (3) amended, p. 1267, § 2, effective July 1. L. 2007: (1) and (3) amended, p. 1902, § 2, effective July 1. L. 2015: (2) amended, (HB 15-1261), ch. 1315, p. 1315, § 9, effective June 5. L. 2017: (1) amended, (SB 17-225), ch. 1247, p. 1247, § 9, effective August 9. L. 2018: (1) amended, (HB 18-1375), ch. 1718, p. 1718, § 73, effective May 29. L. 2020: (1) amended, (HB 20-1211), ch. 159, p. 714, § 8, effective June 29; (1) amended, (HB 20-1213), ch. 754, p. 754, § 9, effective June 29.

Amendments to subsection (1) by HB 20-1211 and HB 20-1213 were harmonized.