us-co/statute/39/39-37-301 — Firearms and ammunition excise tax cash fund - creation

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us-co/statute/39/39-37-301 — Firearms and ammunition excise tax cash fund - creation - distribution · Axiom

(1) (a) The firearms and ammunition excise tax cash fund is created in the state treasury. The fund consists of money transferred to the fund pursuant to section 39-37-110 (2) and any other money that the general assembly may appropriate or transfer to the fund.

(b) The state treasurer shall credit all interest and income derived from the deposit and investment of money in the fund to the fund.

(2) (a) Except for any money in the fund that is annually appropriated by the general assembly pursuant to subsection (2)(b) of this section, money paid into the fund pursuant to section 39-37-110 (2), or credited to the fund pursuant to subsection (1)(b) of this section must be distributed from the fund as follows:

(I) (A) The first thirty million dollars paid into the fund in the first fiscal year in which money is transferred to the fund must be transferred to the Colorado crime victim services fund created in section 24-33.5-505.5 (2) and used for crime victim services grants, as described in section 24-33.5-505.5 (3).

(B) For each fiscal year thereafter, the executive director or the executive director's designee shall annually calculate and adjust the amount required to be transferred pursuant to subsection (2)(a)(I)(A) of this section for inflation or deflation and shall round the adjusted amount upward or downward to the nearest one thousand dollars. Inflation or deflation is measured by the annual percentage change in the United States department of labor's bureau of labor statistics consumer price index, or a successor index, for Denver-Aurora-Lakewood for all items paid by urban consumers. The state treasurer shall transfer the amount calculated by the executive director or the executive director's designee pursuant to this subsection (2)(a)(I)(B) in accordance with the requirement in subsection

(2)(a)(I)(A) of this section.

(II) After the requirement in subsection (2)(a)(I) of this section is met, the next eight million dollars paid into the fund in each fiscal year must be transferred to the behavioral and mental health excise tax cash fund created in section 39-37-302; and

(III) After the requirement in subsection (2)(a)(II) of this section is met, the next one million dollars paid into the fund in each fiscal year must be transferred to the school security disbursement program cash fund created in section 24-33.5-1811 (1).

(b) Subject to annual appropriation by the general assembly, for state fiscal year 2024-25 and any state fiscal year thereafter, the department of revenue may expend money from the fund for direct and indirect costs associated with implementing and administering this article 37.

(3) Notwithstanding any other provision of this section, on June 30, 2025, and June 30, 2026, the state treasurer shall transfer from the fund to the general fund an amount of money equal to the amount of money used in the state fiscal years 2024-25 and 2025-26 from the general fund to pay the costs of implementing and administering this article 37.

in view

Whole section

Encodings · 9

initial_crime_victim_services_transfer_requirementCO 39 § 39-37-301 · parameter

C.R.S. 39-37-301(2)(a)(I)(A)

name: initial_crime_victim_services_transfer_requirement
kind: parameter
dtype: Money
unit: USD
source: C.R.S. 39-37-301(2)(a)(I)(A)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-37-301
          excerpt: The first thirty million dollars
versions:
  - effective_from: '2024-01-01'
    formula: '30000000'

behavioral_and_mental_health_transfer_requirementCO 39 § 39-37-301 · parameter

C.R.S. 39-37-301(2)(a)(II)

name: behavioral_and_mental_health_transfer_requirement
kind: parameter
dtype: Money
unit: USD
source: C.R.S. 39-37-301(2)(a)(II)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-37-301
          excerpt: the next eight million dollars
versions:
  - effective_from: '2024-01-01'
    formula: '8000000'

school_security_transfer_requirementCO 39 § 39-37-301 · parameter

C.R.S. 39-37-301(2)(a)(III)

name: school_security_transfer_requirement
kind: parameter
dtype: Money
unit: USD
source: C.R.S. 39-37-301(2)(a)(III)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-37-301
          excerpt: the next one million dollars
versions:
  - effective_from: '2024-01-01'
    formula: '1000000'

inflation_adjustment_rounding_incrementCO 39 § 39-37-301 · parameter

C.R.S. 39-37-301(2)(a)(I)(B)

name: inflation_adjustment_rounding_increment
kind: parameter
dtype: Money
unit: USD
source: C.R.S. 39-37-301(2)(a)(I)(B)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: amount
        source:
          corpus_citation_path: us-co/statute/39/39-37-301
          excerpt: nearest one thousand dollars
versions:
  - effective_from: '2024-01-01'
    formula: '1000'

crime_victim_services_transferCO 39 § 39-37-301 · derived

C.R.S. 39-37-301(2)(a)(I)

name: crime_victim_services_transfer
kind: derived
entity: FirearmsAndAmmunitionExciseTaxCashFund
dtype: Money
period: Year
unit: USD
source: C.R.S. 39-37-301(2)(a)(I)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: ordering
        source:
          corpus_citation_path: us-co/statute/39/39-37-301
          excerpt: The first thirty million dollars paid into the fund
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-37-301
          excerpt: >-
            annually calculate and adjust the amount required ... for inflation
            or deflation and ... round
versions:
  - effective_from: '2024-07-01'
    formula: >-
      if is_first_fiscal_year_money_is_transferred_to_fund:
      min(eligible_money_paid_or_credited_to_fund_after_annual_appropriation,
      initial_crime_victim_services_transfer_requirement) else: min(
      eligible_money_paid_or_credited_to_fund_after_annual_appropriation, floor(
      ( (prior_fiscal_year_crime_victim_services_transfer_requirement * (1 +
      annual_denver_consumer_price_index_change)) +
      (inflation_adjustment_rounding_increment / 2) ) /
      inflation_adjustment_rounding_increment ) *
      inflation_adjustment_rounding_increment )

behavioral_and_mental_health_transferCO 39 § 39-37-301 · derived

C.R.S. 39-37-301(2)(a)(II)

name: behavioral_and_mental_health_transfer
kind: derived
entity: FirearmsAndAmmunitionExciseTaxCashFund
dtype: Money
period: Year
unit: USD
source: C.R.S. 39-37-301(2)(a)(II)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: ordering
        source:
          corpus_citation_path: us-co/statute/39/39-37-301
          excerpt: >-
            After the requirement in subsection (2)(a)(I) ... the next eight
            million dollars
versions:
  - effective_from: '2024-07-01'
    formula: |-
      min(
        max(0, eligible_money_paid_or_credited_to_fund_after_annual_appropriation - crime_victim_services_transfer),
        behavioral_and_mental_health_transfer_requirement
      )

school_security_transferCO 39 § 39-37-301 · derived

C.R.S. 39-37-301(2)(a)(III)

name: school_security_transfer
kind: derived
entity: FirearmsAndAmmunitionExciseTaxCashFund
dtype: Money
period: Year
unit: USD
source: C.R.S. 39-37-301(2)(a)(III)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: ordering
        source:
          corpus_citation_path: us-co/statute/39/39-37-301
          excerpt: >-
            After the requirement in subsection (2)(a)(II) ... the next one
            million dollars
versions:
  - effective_from: '2024-07-01'
    formula: |-
      min(
        max(0, eligible_money_paid_or_credited_to_fund_after_annual_appropriation - crime_victim_services_transfer - behavioral_and_mental_health_transfer),
        school_security_transfer_requirement
      )

department_may_expend_fund_money_for_administrationCO 39 § 39-37-301 · derived

C.R.S. 39-37-301(2)(b)

name: department_may_expend_fund_money_for_administration
kind: derived
entity: StateAgency
dtype: Judgment
period: Year
source: C.R.S. 39-37-301(2)(b)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: condition
        source:
          corpus_citation_path: us-co/statute/39/39-37-301
          excerpt: >-
            Subject to annual appropriation ... the department of revenue may
            expend money
versions:
  - effective_from: '2024-07-01'
    formula: fund_money_is_annually_appropriated_by_general_assembly

general_fund_administration_cost_reimbursementCO 39 § 39-37-301 · derived

C.R.S. 39-37-301(3)

name: general_fund_administration_cost_reimbursement
kind: derived
entity: FirearmsAndAmmunitionExciseTaxCashFund
dtype: Money
period: Day
unit: USD
source: C.R.S. 39-37-301(3)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-co/statute/39/39-37-301
          excerpt: >-
            shall transfer from the fund to the general fund an amount of money
            equal to the amount of money used
versions:
  - effective_from: '2025-06-30'
    formula: >-
      if day_is_required_general_fund_reimbursement_date:
      general_fund_money_used_for_article_administration_in_preceding_state_fiscal_year
      else: 0

▸rulespec code

Shown source

statutes/39/39-37-301.yaml

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View on GitHub

Rules

initial_crime_victim_services_transfer_requirement

Parameter

source: C.R.S. 39-37-301(2)(a)(I)(A)

- name: initial_crime_victim_services_transfer_requirement
  kind: parameter
  dtype: Money
  unit: USD
  source: C.R.S. 39-37-301(2)(a)(I)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-37-301
            excerpt: The first thirty million dollars
  versions:
    - effective_from: '2024-01-01'
      formula: '30000000'

behavioral_and_mental_health_transfer_requirement

Parameter

source: C.R.S. 39-37-301(2)(a)(II)

- name: behavioral_and_mental_health_transfer_requirement
  kind: parameter
  dtype: Money
  unit: USD
  source: C.R.S. 39-37-301(2)(a)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-37-301
            excerpt: the next eight million dollars
  versions:
    - effective_from: '2024-01-01'
      formula: '8000000'

school_security_transfer_requirement

Parameter

source: C.R.S. 39-37-301(2)(a)(III)

- name: school_security_transfer_requirement
  kind: parameter
  dtype: Money
  unit: USD
  source: C.R.S. 39-37-301(2)(a)(III)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-37-301
            excerpt: the next one million dollars
  versions:
    - effective_from: '2024-01-01'
      formula: '1000000'

inflation_adjustment_rounding_increment

Parameter

source: C.R.S. 39-37-301(2)(a)(I)(B)

- name: inflation_adjustment_rounding_increment
  kind: parameter
  dtype: Money
  unit: USD
  source: C.R.S. 39-37-301(2)(a)(I)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us-co/statute/39/39-37-301
            excerpt: nearest one thousand dollars
  versions:
    - effective_from: '2024-01-01'
      formula: '1000'

crime_victim_services_transfer

Derived

source: C.R.S. 39-37-301(2)(a)(I)

- name: crime_victim_services_transfer
  kind: derived
  entity: FirearmsAndAmmunitionExciseTaxCashFund
  dtype: Money
  period: Year
  unit: USD
  source: C.R.S. 39-37-301(2)(a)(I)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: ordering
          source:
            corpus_citation_path: us-co/statute/39/39-37-301
            excerpt: The first thirty million dollars paid into the fund
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-37-301
            excerpt: >-
              annually calculate and adjust the amount required ... for inflation or deflation and
              ... round
  versions:
    - effective_from: '2024-07-01'
      formula: >-
        if is_first_fiscal_year_money_is_transferred_to_fund:
        min(eligible_money_paid_or_credited_to_fund_after_annual_appropriation,
        initial_crime_victim_services_transfer_requirement) else: min(
        eligible_money_paid_or_credited_to_fund_after_annual_appropriation, floor( (
        (prior_fiscal_year_crime_victim_services_transfer_requirement * (1 +
        annual_denver_consumer_price_index_change)) + (inflation_adjustment_rounding_increment / 2)
        ) / inflation_adjustment_rounding_increment ) * inflation_adjustment_rounding_increment )

behavioral_and_mental_health_transfer

Derived

source: C.R.S. 39-37-301(2)(a)(II)

- name: behavioral_and_mental_health_transfer
  kind: derived
  entity: FirearmsAndAmmunitionExciseTaxCashFund
  dtype: Money
  period: Year
  unit: USD
  source: C.R.S. 39-37-301(2)(a)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: ordering
          source:
            corpus_citation_path: us-co/statute/39/39-37-301
            excerpt: After the requirement in subsection (2)(a)(I) ... the next eight million dollars
  versions:
    - effective_from: '2024-07-01'
      formula: |-
        min(
          max(0, eligible_money_paid_or_credited_to_fund_after_annual_appropriation - crime_victim_services_transfer),
          behavioral_and_mental_health_transfer_requirement
        )

school_security_transfer

Derived

source: C.R.S. 39-37-301(2)(a)(III)

- name: school_security_transfer
  kind: derived
  entity: FirearmsAndAmmunitionExciseTaxCashFund
  dtype: Money
  period: Year
  unit: USD
  source: C.R.S. 39-37-301(2)(a)(III)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: ordering
          source:
            corpus_citation_path: us-co/statute/39/39-37-301
            excerpt: After the requirement in subsection (2)(a)(II) ... the next one million dollars
  versions:
    - effective_from: '2024-07-01'
      formula: |-
        min(
          max(0, eligible_money_paid_or_credited_to_fund_after_annual_appropriation - crime_victim_services_transfer - behavioral_and_mental_health_transfer),
          school_security_transfer_requirement
        )

department_may_expend_fund_money_for_administration

Derived

source: C.R.S. 39-37-301(2)(b)

- name: department_may_expend_fund_money_for_administration
  kind: derived
  entity: StateAgency
  dtype: Judgment
  period: Year
  source: C.R.S. 39-37-301(2)(b)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us-co/statute/39/39-37-301
            excerpt: Subject to annual appropriation ... the department of revenue may expend money
  versions:
    - effective_from: '2024-07-01'
      formula: fund_money_is_annually_appropriated_by_general_assembly

general_fund_administration_cost_reimbursement

Derived

source: C.R.S. 39-37-301(3)

- name: general_fund_administration_cost_reimbursement
  kind: derived
  entity: FirearmsAndAmmunitionExciseTaxCashFund
  dtype: Money
  period: Day
  unit: USD
  source: C.R.S. 39-37-301(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-co/statute/39/39-37-301
            excerpt: >-
              shall transfer from the fund to the general fund an amount of money equal to the
              amount of money used
  versions:
    - effective_from: '2025-06-30'
      formula: >-
        if day_is_required_general_fund_reimbursement_date:
        general_fund_money_used_for_article_administration_in_preceding_state_fiscal_year else: 0

▸citations (6)

References

This rule cites 6 other rules.

CO 39 § 39-37-110 (2)inferredCO › Statutes › Title 39 › § 39-37-110 › (2)
CO 39 § 39-37-110 (2)inferredCO › Statutes › Title 39 › § 39-37-110 › (2)
CO 39 § 24-33.5-505.5 (2)inferredCO › Statutes › Title 39 › § 24-33.5-505.5 › (2)
CO 39 § 24-33.5-505.5 (3)inferredCO › Statutes › Title 39 › § 24-33.5-505.5 › (3)
CO 39 § 39-37-302inferredCO › Statutes › Title 39 › § 39-37-302
CO 39 § 24-33.5-1811 (1)inferredCO › Statutes › Title 39 › § 24-33.5-1811 › (1)