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There is hereby created in the state treasury the business enterprise program cash fund, referred to in this article as the “fund”, which consists of moneys accruing to the department from assessments against the net proceeds of each vending facility operator consistent with this part 2, any income from vending machines on federal or state property that accrues to the department, and any federal moneys that may become available. Any moneys currently attributed to the business enterprise program and any reserves shall be transferred to this fund for future use consistent with this part 2. The moneys in the fund are subject to annual appropriation by the general assembly for the direct and indirect costs associated with the administration of this part 2. The state treasurer may invest any moneys in the fund not expended for the purposes of this part 2 as provided in sections 24-36-109, 24-36-112, and 24-36-113, C.R.S. All interest and income derived from the investment and deposit of moneys in the fund shall be credited to the fund. Any unexpended and unencumbered moneys remaining in the fund at the end of any fiscal year shall remain in the fund and shall not be credited or transferred to the general fund or any other fund.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 8. Labor and Industry § 8-84-208. Business enterprise program cash fund--creation - last updated January 01, 2019 | https://codes.findlaw.com/co/title-8-labor-and-industry/co-rev-st-sect-8-84-208/
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