- (1) There is a pension state special revenue account to the credit of the department of administration.
- (2) The account is funded by a distribution pursuant to 17-7-130.
(3) Funds in the account may only be used to transfer into:
- (a) a state-administered pension fund;
- (b) the budget stabilization reserve fund provided for in 17-7-130;
- (c) the fire suppression account provided for in 76-13-150; or
- (d) the capital developments long-range building program account provided for in 17-7-209.
- (4) The fund is subject to legislative transfer.
History: En. Sec. 8, Ch. 722, L. 2023.