SCR19-001
Transfer Of GOCO Great Outdoors Colorado Money To State Education Fund
Submitting to the registered electors of the state of Colorado an amendment to the Colorado constitution concerning the ability of the general assembly to transfer great outdoors Colorado funds by law to the state education fund.
Session:
2019 Regular Session
Subject:
Bill Summary
Fiscal Policy & Taxes
Beginning with the third quarter of the 2020-21 state fiscal year, the concurrent resolution allows the transfer of available net proceeds minus any money required to pay bonds issued by law by the Great Outdoors Colorado (GOCO) trust fund board of every state-supervised lottery game operated under the authority of section 2 of article XVIII of the state constitution to the state education fund.
(Note: This summary applies to this concurrent resolution as introduced.)