All moneys collected by the division pursuant to sections 22-32-124 (2) and 23-71-122 (1)(v), C.R.S., or section 24-33.5-1213.3 shall be transmitted to the state treasurer, who shall credit the same to the public school construction and inspection cash fund, which is hereby created. All moneys credited to the fund and all interest earned thereon are subject to annual appropriation by the general assembly for paying the expenses of the public school construction and inspection program. Any unexpended and unencumbered moneys remaining in the fund at the end of a fiscal year shall remain in the fund and shall not be credited or transferred to the general fund or another fund.
Source: L. 2008: Entire section added, p. 1093, § 4, effective August 5. L. 2009: Entire section amended, (HB 09-1151), ch. 230, p. 1056, § 9, effective January 1, 2010.