Colorado 2022 Regular Session

Colorado Senate Bill SB216 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
	1	+	Second Regular Session
	2	+	Seventy-third General Assembly
	3	+	STATE OF COLORADO
	4	+	REVISED
	5	+	This Version Includes All Amendments Adopted
	6	+	on Second Reading in the Second House
	7	+	LLS NO. 22-0960.01 Ed DeCecco x4216
1	8		SENATE BILL 22-216
2		-	BY SENATOR(S) Hansen and Zenzinger, Rankin;
3		-	also REPRESENTATIVE(S) Herod and McCluskie, Lindsay, Sullivan.
	9	+	Senate Committees House Committees
	10	+	Appropriations Appropriations
	11	+	A BILL FOR AN ACT
4	12		C
5		-	ONCERNING THE REALLOCATION OF THE LIMITED GAMING TAX REVENUES
6		-	FOR FISCAL YEARS FOLLOWING A SIGNIFICANT DECREASE IN THE
7		-	REVENUES
8		-	, AND, IN CONNECTION THEREWITH , MAKING AN
9		-	APPROPRIATION
10		-	.
11		-	Be it enacted by the General Assembly of the State of Colorado:
12		-	SECTION 1. In Colorado Revised Statutes, add 24-80-217 as
13		-	follows:
14		-	24-80-217. State historical society strategic initiatives fund -
	13	+	ONCERNING THE REALLOCATION OF THE LIMITED GAMING TAX101
	14	+	REVENUES FOR FISCAL YEARS FOLLOWING A SIGNIFICANT102
	15	+	DECREASE IN THE REVENUES, AND, IN CONNECTION THEREWITH ,103
	16	+	MAKING AN APPROPRIATION .104
	17	+	Bill Summary
	18	+	(Note: This summary applies to this bill as introduced and does
	19	+	not reflect any amendments that may be subsequently adopted. If this bill
	20	+	passes third reading in the house of introduction, a bill summary that
	21	+	applies to the reengrossed version of this bill will be available at
	22	+	http://leg.colorado.gov/
	23	+	.)
	24	+	Joint Budget Committee. Section 1 of the bill creates the state
	25	+	historical society strategic initiatives fund, which is to be used by the state
	26	+	historical society for programs and activities that strengthen the state
	27	+	HOUSE
	28	+	2nd Reading Unamended
	29	+	May 9, 2022
	30	+	SENATE
	31	+	3rd Reading Unamended
	32	+	May 2, 2022
	33	+	SENATE
	34	+	Amended 2nd Reading
	35	+	April 29, 2022
	36	+	SENATE SPONSORSHIP
	37	+	Hansen and Zenzinger, Rankin
	38	+	HOUSE SPONSORSHIP
	39	+	Herod and McCluskie,
	40	+	Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
	41	+	Capital letters or bold & italic numbers indicate new material to be added to existing statute.
	42	+	Dashes through the words indicate deletions from existing statute. historical society's financial position and expand its impact on the people
	43	+	of the state. Section 2 requires the state treasurer to transfer $3 million of
	44	+	the state share of the limited gaming tax revenues to the state historical
	45	+	society strategic initiatives fund.
	46	+	Section 2 also resets the base portion of the state share of the
	47	+	limited gaming tax revenues deposited in the local government limited
	48	+	gaming impact fund for the fiscal year 2021-22 to clarify the amount after
	49	+	a 2-year hiatus of this allocation.
	50	+	Section 3 modifies the manner in which limited gaming tax
	51	+	revenues are allocated between the limited gaming fund and the extended
	52	+	limited gaming fund (i.e., the portion of limited gaming tax revenues
	53	+	derived from increased hours of operation, expanded wagering, and
	54	+	additional games of chance) in order to more equitably address recovery
	55	+	in the years immediately following a significant decrease in the revenue.
	56	+	Specifically, the bill:
	57	+	! Adjusts the allocation for the state fiscal year 2021-22 to
	58	+	accommodate the significant unanticipated post-pandemic
	59	+	increase in the limited gaming tax revenues; and
	60	+	! Establishes a mechanism to temporarily modify the
	61	+	allocation in years following a significant decrease in the
	62	+	limited gaming tax revenues.
	63	+	Section 4 appropriates money to the department of higher
	64	+	education for use by history Colorado.
	65	+	Be it enacted by the General Assembly of the State of Colorado:1
	66	+	SECTION 1. In Colorado Revised Statutes, add 24-80-215 as2
	67	+	follows:3
	68	+	24-80-215. State historical society strategic initiatives fund -4
15	69		creation - repeal. (1) T
16		-	HE STATE HISTORICAL SOCIETY STRATEGIC
17		-	INITIATIVES FUND IS HEREBY CREATED IN THE STATE TREASURY
18		-	. THE FUND
19		-	CONSISTS OF MONEY TRANSFERRED TO THE FUND FROM THE LIMITED GAMING
20		-	FUND PURSUANT TO SECTION
21		-	44-30-701 (2)(a)(V.5)(A). THE STATE
22		-	TREASURER SHALL CREDIT ALL INTEREST AND INCOME DERIVED FROM THE
23		-	DEPOSIT AND INVESTMENT OF MONEY IN THE FUND TO THE FUND
24		-	.
	70	+	HE STATE HISTORICAL SOCIETY STRATEGIC5
	71	+	INITIATIVES FUND IS HEREBY CREATED IN THE STATE TREASURY . THE FUND6
	72	+	CONSISTS OF MONEY TRANSFERRED TO THE FUND FROM THE LIMITED7
	73	+	GAMING FUND PURSUANT TO SECTION 44-30-701 (2)(a)(V.5)(A). THE8
	74	+	STATE TREASURER SHALL CREDIT ALL INTEREST AND INCOME DERIVED9
	75	+	FROM THE DEPOSIT AND INVESTMENT OF MONEY IN THE FUND TO THE10
	76	+	FUND.11
25	77		(2) S
26		-	UBJECT TO ANNUAL APPROPRIATION BY THE GENERAL
27		-	NOTE: This bill has been prepared for the signatures of the appropriate legislative
28		-	officers and the Governor. To determine whether the Governor has signed the bill
29		-	or taken other action on it, please consult the legislative status sheet, the legislative
30		-	history, or the Session Laws.
31		-	________
32		-	Capital letters or bold & italic numbers indicate new material added to existing law; dashes
33		-	through words or numbers indicate deletions from existing law and such material is not part of
34		-	the act. ASSEMBLY, THE STATE HISTORICAL SOCIETY MAY EXPEND MONEY FROM THE
35		-	FUND FOR PROGRAMS AND ACTIVITIES THAT STRENGTHEN THE SOCIETY
36		-	'S
37		-	FINANCIAL POSITION AND EXPAND ITS IMPACT ON THE PEOPLE OF THE STATE
38		-	.
	78	+	UBJECT TO ANNUAL APPROPRIATION BY THE GENERAL12
	79	+	216-2- ASSEMBLY, THE STATE HISTORICAL SOCIETY MAY EXPEND MONEY FROM1
	80	+	THE FUND FOR PROGRAMS AND ACTIVITIES THAT STRENGTHEN THE2
	81	+	SOCIETY'S FINANCIAL POSITION AND EXPAND ITS IMPACT ON THE PEOPLE3
	82	+	OF THE STATE.4
39	83		(3) (a) O
40		-	N JUNE 30, 2027, THE STATE TREASURER SHALL TRANSFER
41		-	ANY UNEXPENDED MONEY IN THE FUND TO THE GENERAL FUND
42		-	.
	84	+	N JUNE 30, 2027, THE STATE TREASURER SHALL TRANSFER5
	85	+	ANY UNEXPENDED MONEY IN THE FUND TO THE GENERAL FUND .6
43	86		(b) T
44		-	HIS SECTION IS REPEALED, EFFECTIVE JULY 1, 2027.
45		-	SECTION 2. In Colorado Revised Statutes, 44-30-701, amend
46		-	(2)(a)(III)(A); and add (2)(a)(V.5) as follows:
47		-	44-30-701. Limited gaming fund - created - repeal. (2) (a) Except
48		-	as provided in subsection (2)(b) or (2)(c) of this section, at the end of the
49		-	2012-13 state fiscal year and at the end of each state fiscal year thereafter,
50		-	the state treasurer shall transfer the state share as follows:
	87	+	HIS SECTION IS REPEALED, EFFECTIVE JULY 1, 2027.7
	88	+	SECTION 2. In Colorado Revised Statutes, 44-30-701, amend8
	89	+	(2)(a)(III)(A); and add (2)(a)(V.5) as follows:9
	90	+	44-30-701. Limited gaming fund - created - repeal.10
	91	+	(2) (a) Except as provided in subsection (2)(b) or (2)(c) of this section,11
	92	+	at the end of the 2012-13 state fiscal year and at the end of each state12
	93	+	fiscal year thereafter, the state treasurer shall transfer the state share as13
	94	+	follows:14
51	95		(III) (A) At the end of the 2017-18 state
52		-	2021-22 STATE fiscal ~~year~~
	96	+	2021-22 STATE fiscal year15
53	97		and each state fiscal year thereafter, five million
54		-	SIX HUNDRED EIGHTY-NINE
55		-	THOUSAND NINE HUNDRED THIRTY
56		-	-EIGHT dollars, as annually increased by
57		-	an amount equal to the percentage increase in the state share as described
58		-	in subsection (1)(d)(I) of this section from the previous fiscal year to the
59		-	local government limited gaming impact fund created in section
60		-	44-30-1301, plus an amount equal to the projected direct and indirect costs
61		-	to administer the local government limited gaming impact grant program set
62		-	forth in section 44-30-1301 (2)(a) for the upcoming fiscal year; except that
63		-	such transfer shall be made at the beginning of the state fiscal year, and any
64		-	unspent money from such transfer reverts to the local government limited
65		-	gaming impact fund.
	98	+	SIX HUNDRED16
	99	+	EIGHTY-NINE THOUSAND NINE HUNDRED THIRTY -EIGHT dollars, as17
	100	+	annually increased by an amount equal to the percentage increase in the18
	101	+	state share as described in subsection (1)(d)(I) of this section from the19
	102	+	previous fiscal year to the local government limited gaming impact fund20
	103	+	created in section 44-30-1301, plus an amount equal to the projected21
	104	+	direct and indirect costs to administer the local government limited22
	105	+	gaming impact grant program set forth in section 44-30-1301 (2)(a) for23
	106	+	the upcoming fiscal year; except that such transfer shall be made at the24
	107	+	beginning of the state fiscal year, and any unspent money from such25
	108	+	transfer reverts to the local government limited gaming impact fund.26
66	109		(V.5) (A) F
67		-	OR THE STATE FISCAL YEAR 2021-22, THREE ~~MILLION~~
68		-	~~DOLLARS TO THE STATE HISTORICAL SOCIETY STRATEGIC INITIATIVES FUND~~
69		-	~~CREATED IN SECTION~~
70		-	24-80-~~217~~.
	110	+	OR THE STATE FISCAL YEAR 2021-22, THREE MILLION27
	111	+	216
	112	+	-3- DOLLARS TO THE STATE HISTORICAL SOCIETY STRATEGIC INITIATIVES FUND1
	113	+	CREATED IN SECTION 24-80-215.2
71	114		(B) T
72		-	HIS SECTION IS REPEALED, EFFECTIVE JULY 1, 2027.
73		-	SECTION 3. In Colorado Revised Statutes, 44-30-702, ~~amend~~
74		-	(7)(a)(III)(B), (7)(a)(IV), and (7)(b); and add (7)(a)(V), (7)(a)(VI),
75		-	(7)(a)(VII), (7)(a)(VIII), (7)(a.5), (7)(c), (7)(d), and (7)(e) as follows:
76		-	~~PAGE 2-SENATE BILL 22-216~~ 44-30-702. Revenues attributable to local revisions to ~~gaming~~
77		-	limits - extended limited gaming fund - identification - ~~separate~~
78		-	administration - distribution - legislative declaration - definitions.
79		-	(7) Reduction in revenues - operation of hold-harmless provisions -
80		-	continuity of funding - recovery. (a) Legislative declaration. ~~The~~
81		-	general assembly finds, determines, and declares that:
82		-	(III) Pursuant to that authority, it is reasonable for the ~~general~~
83		-	assembly to address the effects of the global pandemic and ~~economic~~
84		-	recession of 2020 in a way that:
85		-	(B) Equitably allocates the limited gaming tax revenues in ~~fiscal~~
86		-	years immediately following this severe funding decline among ~~all~~
	115	+	HIS SECTION IS REPEALED, EFFECTIVE JULY 1, 2027.3
	116	+	SECTION 3. In Colorado Revised Statutes, 44-30-702, amend4
	117	+	(7)(a)(III)(B), (7)(a)(IV), and (7)(b); and add (7)(a)(V), (7)(a)(VI),5
	118	+	(7)(a)(VII), (7)(a)(VIII), (7)(a.5), (7)(c), (7)(d), and (7)(e) as follows:6
	119	+	44-30-702. Revenues attributable to local revisions to gaming7
	120	+	limits - extended limited gaming fund - identification - separate8
	121	+	administration - distribution - legislative declaration - definitions.9
	122	+	(7) Reduction in revenues - operation of hold-harmless provisions -10
	123	+	continuity of funding - recovery. (a) Legislative declaration. The11
	124	+	general assembly finds, determines, and declares that:12
	125	+	(III) Pursuant to that authority, it is reasonable for the general13
	126	+	assembly to address the effects of the global pandemic and economic14
	127	+	recession of 2020 in a way that:15
	128	+	(B) Equitably allocates the limited gaming tax revenues in fiscal16
	129	+	years immediately following this severe funding decline among all17
87	130		recipients; and
88		-	(IV) The allocation provisions of section 9 (7) of article XVIII of
89		-	the state constitution do not DID NOT contemplate the unprecedented
90		-	significant decline in limited gaming revenues caused by the global
	131	+	18
	132	+	(IV) The allocation provisions of section 9 (7) of article XVIII of19
	133	+	the state constitution do not DID NOT contemplate the unprecedented20
	134	+	significant decline in limited gaming revenues caused by the global21
91	135		pandemic, and,
92		-	IN 2020, the general assembly desires ~~DESIRED to address~~
93		-	~~the original implementing statutory formula for the allocation of gaming~~
94		-	~~revenues, consistent with~~ the ~~state constitution in a manner that modifies~~
95		-	~~MODIFIED~~ the ~~statutory annual adjustment provisions to retain the~~
96		-	~~constitutional allocation, thus reflecting~~ the ~~proportionate allocation~~ to ~~the~~
97		-	~~beneficiaries of limited gaming tax revenues;~~
98		-	~~(V) T~~
99		-	~~HIS REALLOCATION, HOWEVER, DID NOT ANTICIPATE THE~~
100		-	~~RAPIDITY AND EXTENT OF THE GROWTH OF THE LIMITED GAMING REVENUES~~
101		-	~~POST~~
102		-	-PANDEMIC, WHICH WAS DUE IN PART TO THE ~~VOTERS APPROVAL IN~~
103		-	2020 OF THE MODIFICATIONS TO SECTION 9 (7) OF ~~ARTICLE XVIII OF THE~~
104		-	~~STATE CONSTITUTION IN THE INITIATIVE COMMONLY REFERRED TO AS~~
105		-	~~"AMENDMENT 77", WHICH PERMITTED~~ THE ~~GAMING TOWNS TO INCREASE OR~~
106		-	~~REMOVE BET LIMITS AND APPROVE NEW CASINO GAMES WITH LOCAL VOTER~~
107		-	~~APPROVAL~~
108		-	;
	136	+	IN 2020, the general assembly desires
	137	+	DESIRED to address22
	138	+	the original implementing statutory formula for the allocation of gaming23
	139	+	revenues, consistent with the state constitution in a manner that modifies24
	140	+	MODIFIED the statutory annual adjustment provisions to retain the25
	141	+	constitutional allocation, thus reflecting the proportionate allocation to the26
	142	+	beneficiaries of limited gaming tax revenues;27
	143	+	216
	144	+	-4- (V) THIS REALLOCATION, HOWEVER, DID NOT ANTICIPATE THE1
	145	+	RAPIDITY AND EXTENT OF THE GROWTH OF THE LIMITED GAMING2
	146	+	REVENUES POST-PANDEMIC, WHICH WAS DUE IN PART TO THE VOTERS3
	147	+	APPROVAL IN 2020 OF THE MODIFICATIONS TO SECTION 9 (7) OF ARTICLE4
	148	+	XVIII
	149	+	OF THE STATE CONSTITUTION IN THE INITIATIVE COMMONLY5
	150	+	REFERRED TO AS "AMENDMENT 77", WHICH PERMITTED THE GAMING6
	151	+	TOWNS TO INCREASE OR REMOVE BET LIMITS AND APPROVE NEW CASINO7
	152	+	GAMES WITH LOCAL VOTER APPROVAL ;8
109	153		(VI) T
110		-	HEREFORE, IT IS NECESSARY TO ADJUST THE ~~ALLOCATION FOR~~
111		-	THE STATE FISCAL YEAR
112		-	~~2021-22 AS~~ SET FORTH IN ~~SUBSECTION (7)(c) OF~~
113		-	~~THIS SECTION TO ACHIEVE THE PURPOSES SET FORTH IN SUBSECTION~~
114		-	~~(7)(a)(III)~~ OF THIS SECTION;
	154	+	HEREFORE, IT IS NECESSARY TO ADJUST THE ALLOCATION9
	155	+	FOR THE STATE FISCAL YEAR 2021-22 AS SET FORTH IN SUBSECTION (7)(c)10
	156	+	OF THIS SECTION TO ACHIEVE THE PURPOSES SET FORTH IN SUBSECTION11
	157	+	(7)(a)(III)
	158	+	OF THIS SECTION;12
115	159		(VII) F
116		-	URTHER, THE GLOBAL PANDEMIC AND ECONOMIC RECESSION
117		-	PAGE 3-SENATE BILL 22-216 OF 2020 DEMONSTRATED THAT THE EXISTING METHODOLOGY FOR
118		-	DETERMINING THE LIMITED GAMING TAX REVENUES ATTRIBUTABLE TO
119		-	EXTENDED LIMITED GAMING IS SUSCEPTIBLE TO DISTORTION WHEN THERE IS
120		-	A SIGNIFICANT DECLINE IN THE LIMITED GAMING TAX REVENUES AND IN THE
121		-	FISCAL YEARS THEREAFTER WHEN THE REVENUES ARE RESTORED
122		-	;
	160	+	URTHER, THE GLOBAL PANDEMIC AND ECONOMIC13
	161	+	RECESSION OF 2020 DEMONSTRATED THAT THE EXISTING METHODOLOGY14
	162	+	FOR DETERMINING THE LIMITED GAMING TAX REVENUES ATTRIBUTABLE TO15
	163	+	EXTENDED LIMITED GAMING IS SUSCEPTIBLE TO DISTORTION WHEN THERE16
	164	+	IS A SIGNIFICANT DECLINE IN THE LIMITED GAMING TAX REVENUES AND IN17
	165	+	THE FISCAL YEARS THEREAFTER WHEN THE REVENUES ARE RESTORED ;18
123	166		(VIII) T
124		-	O EQUITABLY ALLOCATE LIMITED GAMING TAX REVENUES IN
125		-	FISCAL YEARS FOLLOWING A SIGNIFICANT DECLINE AND TO AVOID
126		-	LONG
127		-	-TERM ECONOMIC DAMAGE TO ANY OF THE BENEFICIARIES OF THOSE
128		-	REVENUES
129		-	, IT IS NECESSARY FOR THE GENERAL ASSEMBLY TO ENACT
130		-	LEGISLATION THAT WILL FACILITATE THE OPERATION OF SECTION
131		-	9 (7) OF
132		-	ARTICLE
133		-	XVIII OF THE STATE CONSTITUTION.
	167	+	O EQUITABLY ALLOCATE LIMITED GAMING TAX REVENUES19
	168	+	IN FISCAL YEARS FOLLOWING A SIGNIFICANT DECLINE AND TO AVOID20
	169	+	LONG-TERM ECONOMIC DAMAGE TO ANY OF THE BENEFICIARIES OF THOSE21
	170	+	REVENUES, IT IS NECESSARY FOR THE GENERAL ASSEMBLY TO ENACT22
	171	+	LEGISLATION THAT WILL FACILITATE THE OPERATION OF SECTION 9 (7) OF23
	172	+	ARTICLE XVIII OF THE STATE CONSTITUTION.24
134	173		(a.5) A
135		-	S USED IN THIS SUBSECTION (7), UNLESS THE CONTEXT
136		-	OTHERWISE REQUIRES
137		-	:
	174	+	S USED IN THIS SUBSECTION (7), UNLESS THE CONTEXT25
	175	+	OTHERWISE REQUIRES:26
138	176		(I) "E
139		-	XTENDED LIMITED GAMING FUND RECIPIENTS " MEANS THE
140		-	RECIPIENTS OF LIMITED GAMING TAX REVENUES ATTRIBUTABLE TO
141		-	EXTENDED LIMITED GAMING UNDER SECTION
142		-	9 (7) OF ARTICLE XVIII OF THE
143		-	STATE CONSTITUTION
144		-	.
	177	+	XTENDED LIMITED GAMING FUND RECIPIENTS " MEANS THE27
	178	+	216
	179	+	-5- RECIPIENTS OF LIMITED GAMING TAX REVENUES ATTRIBUTABLE TO1
	180	+	EXTENDED LIMITED GAMING UNDER SECTION 9 (7) OF ARTICLE XVIII OF2
	181	+	THE STATE CONSTITUTION.3
145	182		(II) "F
146		-	ISCAL YEAR WITH A SIGNIFICANT DECREASE IN TOTAL LIMITED
147		-	GAMING TAX REVENUE
148		-	" MEANS:
	183	+	ISCAL YEAR WITH A SIGNIFICANT DECREASE IN TOTAL4
	184	+	LIMITED GAMING TAX REVENUE " MEANS:5
149	185		(A) A
150		-	FISCAL YEAR IN WHICH THE TOTAL LIMITED GAMING ~~TAX~~
151		-	REVENUE COLLECTIONS HAVE DECLINED BY FIVE PERCENT OR MORE ~~FROM~~
152		-	THE IMMEDIATELY PRECEDING FISCAL YEAR
153		-	~~; OR~~
154		-	~~(B) IF~~ SUBSECTION (7)(a.5)(II)(A) OF THIS SECTION DOES ~~NOT APPLY,~~
155		-	THE SECOND OF TWO CONSECUTIVE FISCAL YEARS WITH ~~A CUMULATIVE~~
156		-	DECLINE OF TOTAL LIMITED GAMING TAX ~~REVENUE COLLECTIONS THAT IS SIX~~
157		-	PERCENT OR MORE FROM THE FISCAL ~~YEAR IMMEDIATELY PRECEDING THE~~
158		-	FIRST OF THE TWO CONSECUTIVE ~~FISCAL YEARS~~
159		-	.
	186	+	FISCAL YEAR IN WHICH THE TOTAL LIMITED GAMING TAX6
	187	+	REVENUE COLLECTIONS HAVE DECLINED BY FIVE PERCENT OR MORE FROM7
	188	+	THE IMMEDIATELY PRECEDING FISCAL YEAR ; OR8
	189	+	(B) I
	190	+	F SUBSECTION (7)(a.5)(II)(A) OF THIS SECTION DOES NOT9
	191	+	APPLY, THE SECOND OF TWO CONSECUTIVE FISCAL YEARS WITH A10
	192	+	CUMULATIVE DECLINE OF TOTAL LIMITED GAMING TAX REVENUE11
	193	+	COLLECTIONS THAT IS SIX PERCENT OR MORE FROM THE FISCAL YEAR12
	194	+	IMMEDIATELY PRECEDING THE FIRST OF THE TWO CONSECUTIVE FISCAL13
	195	+	YEARS.14
160	196		(III) "L
161		-	IMITED GAMING FUND RECIPIENTS" MEANS THE RECIPIENTS
162		-	LISTED IN SECTION
163		-	9 (5)(b)(II) OF ARTICLE XVIII OF THE STATE
164		-	CONSTITUTION
165		-	.
	197	+	IMITED GAMING FUND RECIPIENTS" MEANS THE RECIPIENTS15
	198	+	LISTED IN SECTION 9 (5)(b)(II) OF ARTICLE XVIII OF THE STATE16
	199	+	CONSTITUTION.17
166	200		(IV) "R
167		-	ECENT TOTAL LIMITED GAMING TAX REVENUES PEAK " ~~MEANS~~
168		-	TOTAL LIMITED GAMING TAX REVENUE COLLECTIONS FOR ~~THE FISCAL YEAR~~
169		-	~~PAGE 4-SENATE BILL 22-216~~ THAT IS:
	201	+	ECENT TOTAL LIMITED GAMING TAX REVENUES PEAK "18
	202	+	MEANS TOTAL LIMITED GAMING TAX REVENUE COLLECTIONS FOR THE19
	203	+	FISCAL YEAR THAT IS:20
170	204		(A) P
171		-	RIOR TO THE FISCAL YEAR WITH A SIGNIFICANT DECREASE IN
172		-	TOTAL LIMITED GAMING TAX REVENUES
173		-	; AND
174		-	(B) THE LAST FISCAL YEAR IN WHICH TOTAL LIMITED GAMING TAX
175		-	REVENUE COLLECTIONS INCREASED FROM THE IMMEDIATELY PRECEDING
176		-	FISCAL YEAR
177		-	.
178		-	(b) (I) Notwithstanding any provision of subsection (3)(b) or (4)(d)
179		-	of this section to the contrary, beginning in FOR state fiscal year 2020-21,
180		-	and continuing through each subsequent fiscal year until the fiscal year
181		-	immediately following the fiscal year in which total limited gaming tax
182		-	revenue collections have again equaled or exceeded the amount of total
183		-	limited gaming tax revenues collected in state fiscal year 2018-19, any
184		-	annual THE growth or decline in total net gaming tax distributions shall be
185		-	IS allocated between the limited gaming fund recipients listed in section 9
186		-	(5)(b)(II) of article XVIII of the state constitution and the recipients of
187		-	limited gaming tax revenues attributable to extended limited gaming under
188		-	section 9 (7) of article XVIII of the state constitution FUND RECIPIENTS
189		-	based on the relative percentages in which each group of recipients shared in the decrease in total net gaming tax distributions from state fiscal year 2018-19 to state fiscal year 2019-20. The commission may make any
190		-	adjustments necessary to ensure that the final distributions to all recipients
191		-	comply with constitutional requirements while achieving the intent of this
192		-	subsection (7). So long as this subsection (7) remains in effect, the annual
193		-	adjustments required under subsections (3)(b) and (4)(d) of this section are
194		-	temporarily superseded by the specific allocations to implement the
195		-	constitutional annual adjustment made pursuant to this subsection (7).
196		-	(II) As used in this subsection (7)(b), "limited gaming tax revenues
197		-	attributable to extended limited gaming" means that portion of total limited
198		-	gaming tax revenues allocated pursuant to subsection (7)(b)(I) of this
199		-	section to recipients of revenues derived from extended limited gaming
200		-	under section 9 (7) of article XVIII of the state constitution.
201		-	(c) (I) FOR PURPOSES OF DETERMINING THE LIMITED GAMING TAX
202		-	REVENUES ATTRIBUTABLE TO EXTENDED LIMITED GAMING
203		-	, THE ADJUSTED
204		-	BASE FOR STATE FISCAL YEAR
205		-	2021-22 IS EQUAL TO ONE HUNDRED THIRTEEN
206		-	MILLION NINE HUNDRED SEVENTY
207		-	-THREE THOUSAND TWELVE DOLLARS ,
208		-	PAGE 5-SENATE BILL 22-216 WHICH IS EQUAL TO THE ADJUSTED BASE FOR STATE FISCAL YEAR 2018-19
209		-	INCREASED BY TWO AND ONE-HALF PERCENT, WITH THAT SUM INCREASED BY
210		-	THREE PERCENT
211		-	, WITH THAT SUM INCREASED BY THREE PERCENT . ALL
212		-	LIMITED GAMING TAX REVENUES FOR STATE FISCAL YEAR
213		-	2021-22 IN EXCESS
214		-	OF THIS ADJUSTED BASE ARE LIMITED GAMING TAX REVENUES ATTRIBUTABLE
215		-	TO EXTENDED LIMITED GAMING FOR STATE FISCAL YEAR
216		-	2021-22.
	205	+	RIOR TO THE FISCAL YEAR WITH A SIGNIFICANT DECREASE IN21
	206	+	TOTAL LIMITED GAMING TAX REVENUES ; AND22
	207	+	(B) T
	208	+	HE LAST FISCAL YEAR IN WHICH TOTAL LIMITED GAMING TAX23
	209	+	REVENUE COLLECTIONS INCREASED FROM THE IMMEDIATELY PRECEDING24
	210	+	FISCAL YEAR.25
	211	+	(b) (I) Notwithstanding any provision of subsection (3)(b) or
	212	+	26
	213	+	(4)(d) of this section to the contrary, beginning in FOR state fiscal year27
	214	+	216
	215	+	-6- 2020-21, and continuing through each subsequent fiscal year until the1
	216	+	fiscal year immediately following the fiscal year in which total limited2
	217	+	gaming tax revenue collections have again equaled or exceeded the3
	218	+	amount of total limited gaming tax revenues collected in state fiscal year4
	219	+	2018-19, any annual THE growth or decline in total net gaming tax5
	220	+	distributions shall be IS allocated between the limited gaming fund6
	221	+	recipients listed in section 9 (5)(b)(II) of article XVIII of the state7
	222	+	constitution and the recipients of limited gaming tax revenues attributable8
	223	+	to extended limited gaming under section 9 (7) of article XVIII of the9
	224	+	state constitution FUND RECIPIENTS based on the relative percentages in10
	225	+	which each group of recipients shared in the decrease in total net gaming11
	226	+	tax distributions from state fiscal year 2018-19 to state fiscal year12
	227	+	2019-20. The commission may make any adjustments necessary to ensure13
	228	+	that the final distributions to all recipients comply with constitutional14
	229	+	requirements while achieving the intent of this subsection (7). So long as15
	230	+	this subsection (7) remains in effect, the annual adjustments required16
	231	+	under subsections (3)(b) and (4)(d) of this section are temporarily17
	232	+	superseded by the specific allocations to implement the constitutional18
	233	+	annual adjustment made pursuant to this subsection (7).19
	234	+	(II) As used in this subsection (7)(b), "limited gaming tax20
	235	+	revenues attributable to extended limited gaming" means that portion of21
	236	+	total limited gaming tax revenues allocated pursuant to subsection22
	237	+	(7)(b)(I) of this section to recipients of revenues derived from extended23
	238	+	limited gaming under section 9 (7) of article XVIII of the state24
	239	+	constitution.25
	240	+	(c) (I) F
	241	+	OR PURPOSES OF DETERMINING THE LIMITED GAMING TAX26
	242	+	REVENUES ATTRIBUTABLE TO EXTENDED LIMITED GAMING , THE ADJUSTED27
	243	+	216
	244	+	-7- BASE FOR STATE FISCAL YEAR 2021-22 IS EQUAL TO ONE HUNDRED1
	245	+	THIRTEEN MILLION NINE HUNDRED SEVENTY -THREE THOUSAND TWELVE2
	246	+	DOLLARS, WHICH IS EQUAL TO THE ADJUSTED BASE FOR STATE FISCAL3
	247	+	YEAR 2018-19 INCREASED BY TWO AND ONE-HALF PERCENT, WITH THAT4
	248	+	SUM INCREASED BY THREE PERCENT , WITH THAT SUM INCREASED BY5
	249	+	THREE PERCENT. ALL LIMITED GAMING TAX REVENUES FOR STATE FISCAL6
	250	+	YEAR 2021-22 IN EXCESS OF THIS ADJUSTED BASE ARE LIMITED GAMING7
	251	+	TAX REVENUES ATTRIBUTABLE TO EXTENDED LIMITED GAMING FOR STATE8
	252	+	FISCAL YEAR 2021-22.9
217	253		(II) T
218		-	HE ADJUSTED BASE THAT IS ESTABLISHED IN ~~SUBSECTION~~
219		-	(7)(c)(I) ~~OF THIS SECTION CONSTITUTES THE ADJUSTED BASE THAT IS USED~~
220		-	IN THE ~~CALCULATION SET FORTH IN SUBSECTION~~
221		-	(4)(d) OF THIS ~~SECTION FOR~~
222		-	PURPOSES OF DETERMINING THE LIMITED GAMING TAX ~~REVENUES~~
223		-	ATTRIBUTABLE TO EXTENDED LIMITED GAMING FOR STATE FISCAL ~~YEAR~~
224		-	2022-23, ~~AND FUTURE CALCULATIONS UNDER SUBSECTION (4)(d) OF THIS~~
225		-	~~SECTION ARE DERIVED FROM THIS INITIAL AMOUNT AS SUBSEQUENTLY~~
226		-	~~ADJUSTED~~
227		-	.
	254	+	HE ADJUSTED BASE THAT IS ESTABLISHED IN SUBSECTION10
	255	+	(7)(c)(I)
	256	+	OF THIS SECTION CONSTITUTES THE ADJUSTED BASE THAT IS USED11
	257	+	IN THE CALCULATION SET FORTH IN SUBSECTION (4)(d) OF THIS SECTION12
	258	+	FOR PURPOSES OF DETERMINING THE LIMITED GAMING TAX REVENUES13
	259	+	ATTRIBUTABLE TO EXTENDED LIMITED GAMING FOR STATE FISCAL YEAR14
	260	+	2022-23,
	261	+	AND FUTURE CALCULATIONS UNDER SUBSECTION (4)(d) OF THIS15
	262	+	SECTION ARE DERIVED FROM THIS INITIAL AMOUNT AS SUBSEQUENTLY16
	263	+	ADJUSTED.17
228	264		(d) I
229		-	F THERE IS A FISCAL YEAR WITH A SIGNIFICANT DECREASE IN
230		-	TOTAL LIMITED GAMING TAX REVENUES
231		-	, THEN:
	265	+	F THERE IS A FISCAL YEAR WITH A SIGNIFICANT DECREASE IN18
	266	+	TOTAL LIMITED GAMING TAX REVENUES , THEN:19
232	267		(I) B
233		-	EGINNING WITH THE NEXT FISCAL YEAR AND CONTINUING FOR
234		-	EACH CONSECUTIVE FISCAL YEAR THEREAFTER WITH TOTAL LIMITED GAMING
235		-	TAX REVENUES THAT ARE LESS THAN OR EQUAL TO THE RECENT TOTAL
236		-	LIMITED GAMING TAX REVENUES PEAK
237		-	, THE ANNUAL GROWTH OR DECLINE
238		-	IN TOTAL GAMING TAX DISTRIBUTIONS IS ALLOCATED BETWEEN THE LIMITED
239		-	GAMING FUND RECIPIENTS AND THE EXTENDED LIMITED GAMING FUND
240		-	RECIPIENTS BASED ON THE RELATIVE PERCENTAGES IN WHICH EACH GROUP
241		-	OF RECIPIENTS SHARED IN THE DECREASE IN TOTAL NET GAMING TAX
242		-	DISTRIBUTIONS FROM THE FISCAL YEAR WITH THE RECENT TOTAL LIMITED
243		-	GAMING TAX REVENUES PEAK TO THE FISCAL YEAR WITH A SIGNIFICANT
244		-	DECREASE IN TOTAL LIMITED GAMING REVENUE
245		-	.
	268	+	EGINNING WITH THE NEXT FISCAL YEAR AND CONTINUING FOR20
	269	+	EACH CONSECUTIVE FISCAL YEAR THEREAFTER WITH TOTAL LIMITED21
	270	+	GAMING TAX REVENUES THAT ARE LESS THAN OR EQUAL TO THE RECENT22
	271	+	TOTAL LIMITED GAMING TAX REVENUES PEAK , THE ANNUAL GROWTH OR23
	272	+	DECLINE IN TOTAL GAMING TAX DISTRIBUTIONS IS ALLOCATED BETWEEN24
	273	+	THE LIMITED GAMING FUND RECIPIENTS AND THE EXTENDED LIMITED25
	274	+	GAMING FUND RECIPIENTS BASED ON THE RELATIVE PERCENTAGES IN26
	275	+	WHICH EACH GROUP OF RECIPIENTS SHARED IN THE DECREASE IN TOTAL27
	276	+	216
	277	+	-8- NET GAMING TAX DISTRIBUTIONS FROM THE FISCAL YEAR WITH THE1
	278	+	RECENT TOTAL LIMITED GAMING TAX REVENUES PEAK TO THE FISCAL YEAR2
	279	+	WITH A SIGNIFICANT DECREASE IN TOTAL LIMITED GAMING REVENUE .3
246	280		(II) (A) F
247		-	OR PURPOSES OF DETERMINING THE LIMITED GAMING TAX
248		-	REVENUES ATTRIBUTABLE TO EXTENDED LIMITED GAMING
249		-	, FOR THE NEXT
250		-	FISCAL YEAR IN WHICH TOTAL LIMITED GAMING REVENUES EXCEED THE
251		-	RECENT TOTAL LIMITED GAMING TAX REVENUES PEAK
252		-	, THE ADJUSTED BASE
253		-	FOR THE FISCAL YEAR IS EQUAL TO THE RECENT TOTAL LIMITED GAMING TAX
254		-	REVENUES PEAK INCREASED BY THREE PERCENT OR THE ACTUAL
255		-	PERCENTAGE INCREASE OF TOTAL LIMITED GAMING REVENUES FOR THE
256		-	FISCAL YEAR ABOVE THE RECENT TOTAL LIMITED GAMING REVENUES PEAK
257		-	,
258		-	WHICHEVER PERCENTAGE IS LESS. FOR THIS NEXT FISCAL YEAR, ALL LIMITED
259		-	PAGE 6-SENATE BILL 22-216 GAMING TAX REVENUES IN EXCESS OF THIS ADJUSTED BASE ARE LIMITED
260		-	GAMING TAX REVENUES ATTRIBUTABLE TO EXTENDED LIMITED GAMING FOR
261		-	THE FISCAL YEAR
262		-	.
	281	+	OR PURPOSES OF DETERMINING THE LIMITED GAMING TAX4
	282	+	REVENUES ATTRIBUTABLE TO EXTENDED LIMITED GAMING , FOR THE NEXT5
	283	+	FISCAL YEAR IN WHICH TOTAL LIMITED GAMING REVENUES EXCEED THE6
	284	+	RECENT TOTAL LIMITED GAMING TAX REVENUES PEAK , THE ADJUSTED7
	285	+	BASE FOR THE FISCAL YEAR IS EQUAL TO THE RECENT TOTAL LIMITED8
	286	+	GAMING TAX REVENUES PEAK INCREASED BY THREE PERCENT OR THE9
	287	+	ACTUAL PERCENTAGE INCREASE OF TOTAL LIMITED GAMING REVENUES10
	288	+	FOR THE FISCAL YEAR ABOVE THE RECENT TOTAL LIMITED GAMING11
	289	+	REVENUES PEAK, WHICHEVER PERCENTAGE IS LESS. FOR THIS NEXT FISCAL12
	290	+	YEAR, ALL LIMITED GAMING TAX REVENUES IN EXCESS OF THIS ADJUSTED13
	291	+	BASE ARE LIMITED GAMING TAX REVENUES ATTRIBUTABLE TO EXTENDED14
	292	+	LIMITED GAMING FOR THE FISCAL YEAR.15
263	293		(B) T
264		-	HE ADJUSTED BASE THAT IS ESTABLISHED IN SUBSECTION
265		-	(7)(d)(II)(A) OF THIS SECTION CONSTITUTES THE ADJUSTED BASE THAT IS
266		-	USED IN THE CALCULATION SET FORTH IN SUBSECTION
267		-	(4)(d) OF THIS
268		-	SECTION FOR PURPOSES OF DETERMINING THE LIMITED GAMING TAX
269		-	REVENUES ATTRIBUTABLE TO EXTENDED LIMITED GAMING FOR THE FISCAL
270		-	YEAR IMMEDIATELY FOLLOWING THE FISCAL YEAR SET FORTH IN SUBSECTION
271		-	(7)(d)(II)(A) OF THIS SECTION, AND FUTURE CALCULATIONS UNDER
272		-	SUBSECTION
273		-	(4)(d) OF THIS SECTION ARE DERIVED FROM THIS INITIAL
274		-	AMOUNT AS SUBSEQUENTLY ADJUSTED
275		-	.
	294	+	HE ADJUSTED BASE THAT IS ESTABLISHED IN SUBSECTION16
	295	+	(7)(d)(II)(A)
	296	+	OF THIS SECTION CONSTITUTES THE ADJUSTED BASE THAT IS17
	297	+	USED IN THE CALCULATION SET FORTH IN SUBSECTION (4)(d) OF THIS18
	298	+	SECTION FOR PURPOSES OF DETERMINING THE LIMITED GAMING TAX19
	299	+	REVENUES ATTRIBUTABLE TO EXTENDED LIMITED GAMING FOR THE FISCAL20
	300	+	YEAR IMMEDIATELY FOLLOWING THE FISCAL YEAR SET FORTH IN21
	301	+	SUBSECTION (7)(d)(II)(A) OF THIS SECTION, AND FUTURE CALCULATIONS22
	302	+	UNDER SUBSECTION (4)(d) OF THIS SECTION ARE DERIVED FROM THIS23
	303	+	INITIAL AMOUNT AS SUBSEQUENTLY ADJUSTED .24
276	304		(e) T
277		-	HE COMMISSION MAY MAKE ANY ADJUSTMENTS TO THE
278		-	ALLOCATIONS SET FORTH IN THIS SUBSECTION
279		-	(7) NECESSARY TO ENSURE
280		-	THAT THE FINAL DISTRIBUTIONS TO ALL RECIPIENTS COMPLY WITH
281		-	CONSTITUTIONAL REQUIREMENTS WHILE ACHIEVING THE INTENT OF THIS
282		-	SUBSECTION
283		-	(7). SO LONG AS THIS SUBSECTION (7) REMAINS IN EFFECT, THE
284		-	ANNUAL ADJUSTMENTS REQUIRED UNDER SUBSECTIONS
285		-	(3)(b) AND (4)(d) OF
286		-	THIS SECTION ARE TEMPORARILY SUPERSEDED BY THE SPECIFIC
287		-	ALLOCATIONS TO IMPLEMENT THE CONSTITUTIONAL ANNUAL ADJUSTMENT
288		-	MADE PURSUANT TO THIS SUBSECTION
289		-	(7).
	305	+	HE COMMISSION MAY MAKE ANY ADJUSTMENTS TO THE25
	306	+	ALLOCATIONS SET FORTH IN THIS SUBSECTION (7) NECESSARY TO ENSURE26
	307	+	THAT THE FINAL DISTRIBUTIONS TO ALL RECIPIENTS COMPLY WITH27
	308	+	216
	309	+	-9- CONSTITUTIONAL REQUIREMENTS WHILE ACHIEVING THE INTENT OF THIS1
	310	+	SUBSECTION (7). SO LONG AS THIS SUBSECTION (7) REMAINS IN EFFECT,2
	311	+	THE ANNUAL ADJUSTMENTS REQUIRED UNDER SUBSECTIONS (3)(b) AND3
	312	+	(4)(d)
	313	+	OF THIS SECTION ARE TEMPORARILY SUPERSEDED BY THE SPECIFIC4
	314	+	ALLOCATIONS TO IMPLEMENT THE CONSTITUTIONAL ANNUAL ADJUSTMENT5
	315	+	MADE PURSUANT TO THIS SUBSECTION (7).6
290	316		SECTION 4. In Colorado Revised Statutes, add 44-30-702.5 as
291		-	follows:
292		-	44-30-702.5. Supplemental payments - definition - working
	317	+	7
	318	+	follows:8
	319	+	44-30-702.5. Supplemental payments - definition - working9
293	320		group - analysis of revenue attribution - report - repeal. (1) A
294		-	S USED IN
295		-	~~THIS SECTION~~
296		-	, UNLESS THE CONTEXT OTHERWISE REQUIRES :
	321	+	S USED
	322	+	10
	323	+	IN THIS SECTION, UNLESS THE CONTEXT OTHERWISE REQUIRES :11
297	324		(a) "L
298	325		OCAL GOVERNMENT LIMITED GAMING RECIPIENT " MEANS THE
299		-	GOVERNING BODY OF
300		-	GILPIN COUNTY, TELLER COUNTY, OR THE CITIES OF
301		-	CENTRAL, BLACK HAWK, OR CRIPPLE CREEK.
	326	+	12
	327	+	GOVERNING BODY OF GILPIN COUNTY, TELLER COUNTY, OR THE CITIES OF13
	328	+	C
	329	+	ENTRAL, BLACK HAWK, OR CRIPPLE CREEK.
	330	+	14
302	331		(b) "T
303		-	OTAL LIMITED GAMING REVENUES" MEANS THE TOTAL AMOUNT
304		-	OF REVENUE DISTRIBUTED TO A LOCAL GOVERNMENT LIMITED GAMING
305		-	RECIPIENT FROM THE LIMITED GAMING FUND CREATED BY SECTION
306		-	9 (5)(a)
307		-	OF ARTICLE XVIII OF THE STATE CONSTITUTION AND THE EXTENDED LIMITED
308		-	GAMING FUND CREATED IN SECTION
309		-	44-30-702 (1)(a), AND THE TERM
310		-	PAGE 7-SENATE BILL 22-216 INCLUDES AMOUNTS DISTRIBUTED TO A LOCAL GOVERNMENT LIMITED
311		-	GAMING RECIPIENT FROM THE STATE HISTORICAL FUND IN ACCORDANCE
312		-	WITH SECTION
313		-	9 (5)(b)(II) OF ARTICLE XVIII OF THE STATE CONSTITUTION.
	332	+	OTAL LIMITED GAMING REVENUES " MEANS THE TOTAL
	333	+	15
	334	+	AMOUNT OF REVENUE DISTRIBUTED TO A LOCAL GOVERNMENT LIMITED16
	335	+	GAMING RECIPIENT FROM THE LIMITED GAMING FUND CREATED BY17
	336	+	SECTION 9 (5)(a) OF ARTICLE XVIII OF THE STATE CONSTITUTION AND THE18
	337	+	EXTENDED LIMITED GAMING FUND CREATED IN SECTION 44-30-702 (1)(a),19
	338	+	AND THE TERM INCLUDES AMOUNTS DISTRIBUTED TO A LOCAL20
	339	+	GOVERNMENT LIMITED GAMING RECIPIENT FROM THE STATE HISTORICAL21
	340	+	FUND IN ACCORDANCE WITH SECTION 9 (5)(b)(II) OF ARTICLE XVIII OF22
	341	+	THE STATE CONSTITUTION.23
314	342		(c) "W
315	343		ORKING GROUP" MEANS THE WORKING GROUP CREATED IN
316		-	~~SUBSECTION~~
317		-	(4)(a) OF THIS SECTION.
	344	+	24
	345	+	SUBSECTION (4)(a) OF THIS SECTION.25
318	346		(2) S
319		-	UBJECT TO THE PROVISIONS IN SUBSECTION (3) OF THIS ~~SECTION,~~
320		-	~~AT THE END OF THE 2021-22 STATE FISCAL YEAR, THE DIVISION SHALL~~
321		-	~~DISTRIBUTE TO A LOCAL GOVERNMENT LIMITED GAMING RECIPIENT AN~~
322		-	~~AMOUNT EQUAL TO THE TOTAL LIMITED GAMING REVENUES THAT THE~~
323		-	~~RECIPIENT WOULD HAVE RECEIVED IF~~
324		-	~~SENATE BILL 22-216~~ ~~HAD NOT BEEN~~
325		-	~~ENACTED INTO LAW MINUS THE AMOUNT THE~~ RECIPIENT ~~IS ENTITLED TO~~
326		-	~~RECEIVE BASED ON~~ THE ~~PASSAGE OF~~
327		-	SENATE BILL 22-216.
	347	+	UBJECT TO THE PROVISIONS IN SUBSECTION (3) OF THIS
	348	+	26
	349	+	SECTION, AT THE END OF THE 2021-22 STATE FISCAL YEAR, THE DIVISION27
	350	+	216
	351	+	-10- SHALL DISTRIBUTE TO A LOCAL GOVERNMENT LIMITED GAMING RECIPIENT1
	352	+	AN AMOUNT EQUAL TO THE TOTAL LIMITED GAMING REVENUES THAT THE2
	353	+	RECIPIENT WOULD HAVE RECEIVED IF SENATE BILL 22-216 HAD NOT BEEN3
	354	+	ENACTED INTO LAW MINUS THE AMOUNT THE RECIPIENT IS ENTITLED TO4
	355	+	RECEIVE BASED ON THE PASSAGE OF SENATE BILL 22-216.5
328	356		(3) T
329	357		HE DIVISION SHALL MAKE THE DISTRIBUTIONS FROM MONEY
330		-	APPROPRIATED BY THE GENERAL ASSEMBLY FROM THE GENERAL FUND
331		-	, AND
332		-	THE TOTAL DISTRIBUTIONS SHALL NOT EXCEED ONE MILLION TWO HUNDRED
333		-	FIFTY THOUSAND DOLLARS
334		-	. IF THE TOTAL AMOUNT TO BE DISTRIBUTED
335		-	BASED ON THE CALCULATION SET FORTH IN SUBSECTION
336		-	(2) OF THIS SECTION
337		-	WOULD OTHERWISE EXCEED THIS AMOUNT
338		-	, THEN THE DIVISION SHALL
339		-	PROPORTIONALLY REDUCE THE DISTRIBUTIONS TO THE ELIGIBLE LOCAL
340		-	GOVERNMENT LIMITED GAMING RECIPIENTS BASED ON THE RELATIVE
341		-	DISTRIBUTIONS
342		-	.
	358	+	6
	359	+	APPROPRIATED BY THE GENERAL ASSEMBLY FROM THE GENERAL FUND ,7
	360	+	AND THE TOTAL DISTRIBUTIONS SHALL NOT EXCEED ONE MILLION TWO8
	361	+	HUNDRED FIFTY THOUSAND DOLLARS . IF THE TOTAL AMOUNT TO BE9
	362	+	DISTRIBUTED BASED ON THE CALCULATION SET FORTH IN SUBSECTION (2)10
	363	+	OF THIS SECTION WOULD OTHERWISE EXCEED THIS AMOUNT , THEN THE11
	364	+	DIVISION SHALL PROPORTIONALLY REDUCE THE DISTRIBUTIONS TO THE12
	365	+	ELIGIBLE LOCAL GOVERNMENT LIMITED GAMING RECIPIENTS BASED ON THE13
	366	+	RELATIVE DISTRIBUTIONS.14
343	367		(4) (a) T
344		-	HE DIRECTOR SHALL CONVENE A WORKING GROUP TO ~~STUDY~~
345		-	~~THE ATTRIBUTION OF LIMITED GAMING TAX REVENUE BETWEEN THE LIMITED~~
346		-	~~GAMING FUND AND~~ THE ~~EXTENDED~~ LIMITED GAMING ~~FUND BY~~
347		-	:
	368	+	HE DIRECTOR SHALL CONVENE A WORKING GROUP TO
	369	+	15
	370	+	STUDY THE ATTRIBUTION OF LIMITED GAMING TAX REVENUE BETWEEN THE16
	371	+	LIMITED GAMING FUND AND THE EXTENDED LIMITED GAMING FUND BY :17
348	372		(I) D
349	373		ETERMINING IF THERE IS DATA AVAILABLE TO IDENTIFY THE
350		-	LIMITED GAMING TAX REVENUES ATTRIBUTABLE TO THE OPERATION OF
351		-	SECTION
352		-	9 (7) OF ARTICLE XVIII OF THE STATE CONSTITUTION; AND
353		-	(II) IF SUCH DATA IS AVAILABLE , COLLECTING THE DATA AND
354		-	COMPARING IT WITH THE CURRENT ALLOCATION REQUIRED BY LAW
355		-	.
	374	+	18
	375	+	LIMITED GAMING TAX REVENUES ATTRIBUTABLE TO THE OPERATION OF19
	376	+	SECTION 9 (7) OF ARTICLE XVIII OF THE STATE CONSTITUTION; AND20
	377	+	(II) I
	378	+	F SUCH DATA IS AVAILABLE, COLLECTING THE DATA AND
	379	+	21
	380	+	COMPARING IT WITH THE CURRENT ALLOCATION REQUIRED BY LAW .22
356	381		(b) T
357	382		HE WORKING GROUP CONSISTS OF THE DIRECTOR , OR THE
358		-	DIRECTOR
359		-	'S DESIGNEE; A REPRESENTATIVE OF THE OFFICE OF STATE
360		-	PLANNING AND BUDGETING
361		-	; A REPRESENTATIVE OF THE STATE HISTORICAL
362		-	SOCIETY
363		-	; A REPRESENTATIVE FROM EACH OF THE LOCAL GOVERNMENT
364		-	PAGE 8-SENATE BILL 22-216 LIMITED GAMING RECIPIENTS ; AND ONE OR MORE REPRESENTATIVES
365		-	APPOINTED BY THE DIRECTOR TO REPRESENT THE STATE PUBLIC COMMUNITY
366		-	COLLEGES
367		-	, JUNIOR COLLEGES, AND LOCAL DISTRICT COLLEGES.
	383	+	23
	384	+	DIRECTOR'S DESIGNEE; A REPRESENTATIVE OF THE OFFICE OF STATE24
	385	+	PLANNING AND BUDGETING; A REPRESENTATIVE OF THE STATE HISTORICAL25
	386	+	SOCIETY; A REPRESENTATIVE FROM EACH OF THE LOCAL GOVERNMENT26
	387	+	LIMITED GAMING RECIPIENTS; AND ONE OR MORE REPRESENTATIVES27
	388	+	216
	389	+	-11- APPOINTED BY THE DIRECTOR TO REPRESENT THE STATE PUBLIC1
	390	+	COMMUNITY COLLEGES , JUNIOR COLLEGES, AND LOCAL DISTRICT2
	391	+	COLLEGES.3
368	392		(c) T
369		-	HE WORKING GROUP SHALL PREPARE A WRITTEN REPORT OF ITS
370		-	FINDINGS AND SUBMIT THE REPORT TO THE JOINT BUDGET COMMITTEE NO
371		-	LATER THAN
372		-	NOVEMBER 1, 2022. INDIVIDUAL MEMBERS OF THE WORKING
373		-	GROUP MAY PROVIDE COMMENTS TO BE INCLUDED WITH THE SUBMISSION OF
374		-	THE REPORT
375		-	.
	393	+	HE WORKING GROUP SHALL PREPARE A WRITTEN REPORT OF
	394	+	4
	395	+	ITS FINDINGS AND SUBMIT THE REPORT TO THE JOINT BUDGET COMMITTEE5
	396	+	NO LATER THAN NOVEMBER 1, 2022. INDIVIDUAL MEMBERS OF THE6
	397	+	WORKING GROUP MAY PROVIDE COMMENTS TO BE INCLUDED WITH THE7
	398	+	SUBMISSION OF THE REPORT.8
376	399		(5) T
377	400		HIS SECTION IS REPEALED, EFFECTIVE JULY 1, 2023.
378		-	SECTION 5. Appropriation. (1) For the 2022-23 state fiscal year,
379		-	$1,500,000 is appropriated to the department of higher education for use by
380		-	history Colorado. This appropriation is from the state historical society
381		-	strategic initiatives fund created in section 24-80-217, C.R.S. To implement
382		-	this act, history Colorado may use this appropriation for programs and
383		-	activities that strengthen history Colorado's financial position and expand
384		-	its impact on the people of the state.
385		-	(2) For the 2022-23 state fiscal year, $800,000 is appropriated to the
386		-	department of higher education for use by history Colorado. This
387		-	appropriation is from the museum and preservation operations account of
388		-	the state historical fund created in section 44-30-1201 (5)(c)(I)(B), C.R.S.
389		-	To implement this act, history Colorado may use this appropriation as
390		-	follows:
391		-	(a) $150,000 for central administration;
392		-	(b) $160,000 for collections and curatorial services;
393		-	(c) $70,000 for the history Colorado center;
394		-	(d) $345,000 for statewide programming; and
395		-	(e) $75,000 for the office of archaeology and historic preservation.
396		-	(3) For the 2022-23 state fiscal year, $1,250,000 is appropriated to
397		-	the department of revenue for use by the division of gaming. This
398		-	appropriation is from the general fund. To implement this act, the division
399		-	PAGE 9-SENATE BILL 22-216 may use this appropriation for distributions to local government limited
400		-	gaming recipients pursuant to section 44-30-702.5 (2), C.R.S.
401		-	SECTION 6. Safety clause. The general assembly hereby finds,
402		-	determines, and declares that this act is necessary for the immediate
403		-	preservation of the public peace, health, or safety.
404		-	____________________________ ____________________________
405		-	Steve Fenberg Alec Garnett
406		-	PRESIDENT OF SPEAKER OF THE HOUSE
407		-	THE SENATE OF REPRESENTATIVES
408		-	____________________________ ____________________________
409		-	Cindi L. Markwell Robin Jones
410		-	SECRETARY OF CHIEF CLERK OF THE HOUSE
411		-	THE SENATE OF REPRESENTATIVES
412		-	APPROVED________________________________________
413		-	(Date and Time)
414		-	_________________________________________
415		-	Jared S. Polis
416		-	GOVERNOR OF THE STATE OF COLORADO
417		-	PAGE 10-SENATE BILL 22-216
	401	+	9
	402	+	SECTION 5. Appropriation. (1) For the 2022-23 state fiscal10
	403	+	year, $1,500,000 is appropriated to the department of higher education for11
	404	+	use by history Colorado. This appropriation is from the state historical12
	405	+	society strategic initiatives fund created in section 24-80-215, C.R.S. To13
	406	+	implement this act, history Colorado may use this appropriation for14
	407	+	programs and activities that strengthen history Colorado's financial15
	408	+	position and expand its impact on the people of the state.16
	409	+	(2) For the 2022-23 state fiscal year, $800,000 is appropriated to17
	410	+	the department of higher education for use by history Colorado. This18
	411	+	appropriation is from the museum and preservation operations account of19
	412	+	the state historical fund created in section 44-30-1201 (5)(c)(I)(B), C.R.S.20
	413	+	To implement this act, history Colorado may use this appropriation as21
	414	+	follows:22
	415	+	(a) $150,000 for central administration;23
	416	+	(b) $160,000 for collections and curatorial services;24
	417	+	(c) $70,000 for the history Colorado center;25
	418	+	(d) $345,000 for statewide programming; and26
	419	+	(e) $75,000 for the office of archaeology and historic27
	420	+	216
	421	+	-12- preservation.1
	422	+	(3) For the 2022-23 state fiscal year, $1,250,000 is appropriated2
	423	+	to the department of revenue for use by the division of gaming. This3
	424	+	appropriation is from the general fund. To implement this act, the division4
	425	+	may use this appropriation for distributions to local government limited5
	426	+	gaming recipients pursuant to section 44-30-702.5 (2), C.R.S.6
	427	+	SECTION 6. Safety clause. The general assembly hereby finds,7
	428	+	determines, and declares that this act is necessary for the immediate8
	429	+	preservation of the public peace, health, or safety.9
	430	+	216
	431	+	-13-