(1) The Colorado secure savings fund, referred to in this section as the fund, is hereby created in the state treasury. The fund consists of the following:
- (a) Money appropriated to the fund by the general assembly;
- (b) Money transferred to the fund from the federal government, other state agencies, or local governments;
- (c) Money from the payment of fees, penalties, and the payment of other money due to the board; and
- (d) Any gifts, grants, or donations made to the board, and any gifts, grants, donations, or investments received by the state treasurer.
- (2) The state treasurer shall credit all interest and income derived from the deposit and investment of money in the fund to the fund.
- (3) Any unexpended and unencumbered moneys remaining in the fund at the end of a fiscal year shall remain in the fund.
- (4) Money in the fund is continuously appropriated to the board for the purposes of implementing and administering this article 54.3.
Source: L. 2020: Entire section added, (SB 20-200), ch. 295, p. 1466, § 7, effective July 14.
Cross references: For the legislative declaration in SB 20-200, see section 1 of chapter 295, Session Laws of Colorado 2020.