Colorado Code § 44-33-106

Gambling payment intercept cash fund - creation - gifts, grants, or donations - intercepts for restitution
Open in Lexace · Ask the AI about this section
(1) There is hereby created in the state treasury the
gambling payment intercept cash fund, referred to in this section as the "fund". The fund shall
consist of any money deposited in the fund pursuant to section 44-33-105 (3), any other money
appropriated to the fund by the general assembly, and any gifts, grants, or donations from private
or public sources, that the department is hereby authorized to seek and accept for the purposes
set forth in this section. All private and public funds received through gifts, grants, or donations
shall be transmitted to the state treasurer, who shall credit the same to the fund.
(2) (a) The money in the fund is continuously appropriated to the department of revenue
for the purpose of expanding the program established by this article 33 to include intercepts of
restitution that a person has been ordered to pay pursuant to section 18-1.3-603 or 19-2.5-1104,
as certified by the judicial department. As soon as there is sufficient money in the fund, the
department of revenue shall expand the program for that purpose.
(b) Once the intercept program has been expanded as described in subsection (2)(a) of
this section:
(I) The department of revenue shall notify the judicial department and the registry
operator that the judicial department may begin certifying outstanding debt pursuant to section
44-33-104 (2); and
(II) Money in the fund shall be subject to annual appropriation by the general assembly
for the direct and indirect costs associated with the administration of this article 33.
(c) Any money in the fund not expended for the purposes set forth in subsections (2)(a)
and (2)(b) of this section 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 shall be credited to
the fund. Any unexpended and unencumbered money remaining in the fund at the end of a fiscal
year shall remain in the fund and shall not be credited or transferred or revert to the general fund
or any other fund.

‹ Prev All Colorado sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.