Section 25-4-1405 - AIDS and HIV prevention fund - administration - limitation(1) There is hereby created in the state treasury the AIDS and HIV prevention fund, referred to in this section as the "fund", which consists of moneys that may be appropriated to the fund by the general assembly. The moneys in the fund are subject to annual appropriation by the general assembly for the direct and indirect costs associated with the implementation of the program. Any moneys in the fund not expended for the purpose of the program may be invested by the state treasurer as provided by law. All interest and income derived from the investment and deposit of moneys in the fund must be credited to the fund. Any unexpended and unencumbered moneys remaining in the fund at the end of a fiscal year remain in the fund and shall not be credited or transferred to the general fund or another fund.(2) Pursuant to section 24-75-1104.5 (1.7)(g), C.R.S., and except as otherwise provided in section 24-75-1104.5(5), C.R.S., for the 2016-17 fiscal year and for each fiscal year thereafter so long as the state receives moneys pursuant to the master settlement agreement, the state treasurer shall annually transfer to the fund three and one-half percent of the total amount of the moneys received by the state pursuant to the master settlement agreement, not including attorney fees and costs, during the preceding fiscal year. The state treasurer shall transfer the amount specified in this subsection (2) from moneys credited to the tobacco litigation settlement cash fund created in section 24-22-115, C.R.S.(3) The department may receive up to five percent of the moneys annually appropriated by the general assembly to the department from the fund created in subsection (1) of this section for the actual costs incurred in administering the program.[Formerly 25-4-1415] Entire Part 14 by 2016 Ch. 230,§ 2, eff. 7/1/2016.Amended by 2016 Ch. 153,§ 15, eff. 7/1/2016.Amended by 2015 Ch. 165,§ 4, eff. 5/8/2015.Amended by 2013 Ch. 150,§ 2, eff. 8/7/2013.L. 2016: Entire part amended with relocations, (SB 16-146), ch. 230, p. 914, § 2, effective July 1; (2) amended, (HB 16-1408), ch. 153, p. 467, § 15, effective July 1.(1) This section is similar to former § 25-4-1415 as it existed prior to 2016.
(2) Amendments to § 25-4-1415(2) by HB 16-1408 were harmonized with and relocated to subsection (2) as it was amended by SB 16-146.