Colorado Code
Part 2 - Retail Marijuana Sales Tax
§ 39-28.8-203. Disposition of Collections - Definitions

(I.5) Repealed.


(I.5) On and after July 1, 2018, of the ninety percent of the gross retail marijuana sales tax revenue in the general fund remaining after the allocation to local governments required by subsection (1)(a)(I) of this section is made, the state treasurer shall retain fifteen and fifty-six one-hundredths percent in the general fund for use for any lawful purpose and shall transfer from the general fund:
(A) Seventy-one and eighty-five one-hundredths percent to the marijuana tax cash fund; and
(B) Twelve and fifty-nine one-hundredths percent to the state public school fund created in section 22-54-114 (1) for use as specified in section 22-54-139 (3).




(I.3) On and after July 1, 2017, but before July 1, 2018, of the ninety percent of the gross retail marijuana sales tax revenue in the general fund remaining after the allocation to local governments required by subsection (1)(a)(I) of this section is made, the state treasurer shall retain twenty-eight and fifteen one-hundredths percent less thirty million dollars in the general fund for use for any lawful purpose and shall transfer from the general fund:






Source: L. 2013: Entire article added, (HB 13-1318), ch. 330, p. 1869, § 1, effective May 28. L. 2014: (1)(b) amended, (SB 14-215), ch. 352, p. 1615, § 8, effective July 1. L. 2015: IP(1), (1)(a)(I), and (1)(b) amended, (1)(a)(I.5) and (3) added, and (2) repealed, (HB 15-1367), ch. 271, p. 1066, § 4, effective June 4. L. 2016: (1)(b)(I) amended and (1)(b)(II) repealed, (HB 16-1418), ch. 156, p. 488, § 2, effective May 4. L. 2017: IP(1), (1)(a)(I), and (1)(b)(I) amended, (1)(a)(I.5) repealed, and (1)(b)(I.3) and (1)(b)(I.5) added, (SB 17-267), ch. 267, p. 1471, § 30, effective May 30.
Cross references: (1) For the legislative declaration in HB 15-1367, see section 1 of chapter 271, Session Laws of Colorado 2015.
(2) For the legislative declaration in SB 17-267, see section 1 of chapter 267, Session Laws of Colorado 2017.

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