Section 24-37-404 - Transfers from marijuana tax cash fund and general fund to office of state planning and budgeting youth pay for success initiatives account - use of(1) The state treasurer shall transfer the following amounts to the office of state planning and budgeting youth pay for success initiatives account of the fund: (a) On July 1, 2018: (I) Nine hundred eighty-nine thousand four hundred seventy dollars from the marijuana tax cash fund; and(II) Four hundred one thousand three hundred fourteen dollars from the general fund;(b) On July 1, 2019: (I) One million seven hundred seventeen thousand seven hundred sixty-four dollars from the marijuana tax cash fund; and(II) Five hundred forty-five thousand seventy-nine dollars from the general fund;(c) On July 1, 2020: (I) One million seven hundred twenty-five thousand sixty-six dollars from the marijuana tax cash fund; and(II) Four hundred ninety-eight thousand three hundred fifty-five dollars from the general fund; and(d) On July 1, 2021, four hundred forty-eight thousand four hundred eighty dollars from the general fund.(2) The office shall expend money in the account only for the following pilot programs, which the office has selected for implementation after reviewing numerous proposals submitted in response to its call for innovation for proposals designed to reduce juvenile involvement in the justice system, reduce out-of-home placements of juveniles, and improve on-time high school graduation rates: (a) A Jefferson county pilot program to improve educational outcomes for foster youth;(b) A multi-systemic therapy pilot program for underserved regions of Colorado; and(c) A Denver pilot program to better serve runaway youth upstream.Added by 2018 Ch. 187,§ 2, eff. 4/30/2018.L. 2018: Entire section added, (HB 18-1323), ch. 187, p. 1261, § 2, effective April 30.