Colo. Rev. Stat. § 19-2.5-403

Current through 11/5/2024 election
Section 19-2.5-403 - Juvenile diversion cash fund - creation
(1) Fifty percent of the money collected pursuant to section 18-4-509 (2)(a) must be transmitted to the state treasurer, who shall credit the same to the juvenile diversion cash fund, which fund is created and referred to in this section as the "fund". The money in the fund is subject to annual appropriation by the general assembly for the direct and indirect costs associated with the implementation of the juvenile diversion program pursuant to section 19-2.5-402.
(2) The division of criminal justice of the department of public safety, referred to in this section as the "division of criminal justice", is authorized to seek and accept gifts, grants, or donations from private or public sources for the purposes of implementing the juvenile diversion program pursuant to section 19-2.5-402. All private and public money received through gifts, grants, or donations must be transmitted to the state treasurer, who shall credit the same to the fund.
(3) Any money in the fund not expended for the purpose of the juvenile diversion program may be invested by the state treasurer as provided by law. All interest and income derived from the investment and deposit of money in the fund must be credited to the fund.
(4) Any unexpended and unencumbered money remaining in the fund at the end of a fiscal year must remain in the fund and must not be credited or transferred to the general fund or another fund.

C.R.S. § 19-2.5-403

Renumbered from C.R.S. § 19-2-303.5 and amended by 2021 Ch. 136, § 2, eff. 10/1/2021.
L. 2021: Entire article added with relocations, (SB 21-059), ch. 593, p. 593, § 2, effective October 1.

This section is similar to former § 19-2-303.5 as it existed prior to 2021.