Colorado Code § 24-82-704

Payment obligations subject to annual appropriation by the general
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assembly. Every additional financed purchase of an asset or certificate of participation
agreement authorized by the director pursuant to this part 7 shall provide that all payment
obligations of the state under such additional financed purchase of an asset or certificate of
participation agreement are subject to annual appropriation by the general assembly and that
such obligations shall not be deemed or construed as creating an indebtedness of the state within
the meaning of any provision of the Colorado constitution or the laws of the state of Colorado
concerning or limiting the creation of indebtedness by the state of Colorado.

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