Payment of expenses and distribution of funds.

Checkout our iOS App for a better way to browser and research.

(1) Out of the funds thus obtained, the state treasurer shall pay such warrants as may be drawn from time to time by the controller upon vouchers issued by the executive director of the department of revenue for the purpose of making refunds to distributors and others provided for in this part 1.

(2) (a) Repealed.

(b) Effective January 1, 1989, the balance of such funds thus obtained and remaining with the state treasurer shall be placed in the highway users tax fund and distributed in accordance with the provisions of the statute governing that fund; except that, in accordance with section 18 of article X of the Colorado constitution, any moneys included in the balance of such funds which are attributable to the provisions of section 39-27-102 (1)(a)(IV) and which are remaining with the state treasurer on the twentieth day of each month shall be placed in the aviation fund created in section 43-10-109, C.R.S., and distributed in accordance with the provisions of section 43-10-110, C.R.S. The general assembly shall make proportionate appropriations from the highway users tax fund and the aviation fund for the expenses of the administration of this part 1.

(3) (Deleted by amendment, L. 91, 1st Ex. Sess., p. 7, § 13, effective July 1, 1991.)

Source: L. 33: p. 733, § 10. CSA: C. 16, § 390. L. 47: p. 269, § 1. L. 53: p. 510, § 18. CRS 53: § 138-3-15. C.R.S. 1963: § 138-2-15. L. 64: p. 657, § 17. L. 79: Entire section amended, p. 1485, § 11, effective January 1, 1980. L. 84: (2) amended, p. 1026, § 1, effective March 16. L. 88: (2) amended and (3) added, p. 1093, § 11, effective January 1, 1989. L. 91: (2)(b) and (3) amended, pp. 2398, 1075, §§ 23, 60, effective July 1. L. 91, 1st Ex. Sess.: (2)(b) and (3) amended, p. 7, § 13, effective July 1.

Editor's note: (1) Subsection (2)(a) provided for the repeal of subsection (2)(a), effective January 1, 1989. (See L. 88, p. 1093.)

(2) The amendment to this section made by chapter 1, L. 91, First Extraordinary Session, p. 7, section 13, supersedes the amendment made by chapter 188, L. 91, p. 1075, section 60, and chapter 330, L. 91, p. 2398, section 23. Said acts contained a July 1, 1991, effective date. However the Governor did not sign the act enacted at the First Extraordinary Session until July 5. The act contained in chapter 1 from the First Extraordinary Session was subject to an interrogatory submitted to the Supreme Court by the Governor. The court held the act constitutional on its face. See In re House Bill 91S-1005, 814 P.2d 875 (Colo. 1991).


Download our app to see the most-to-date content.