Special revenue account to partially fund highway patrol officers' salaries

Terminates on occurrence of contingency--sec. 3, Ch. 472, L. 2021.

(1) There is an account in the state special revenue fund provided for in 17-2-102.

Temporary

(2) The money in the account is for the department of justice to fund, pursuant to 2-18-303(5):

(a) the base salary and associated operating costs for highway patrol officer positions; and

(b) biennial salary increases for highway patrol officers.

(3) (a) By August 15, 2021, the state treasurer shall transfer $4 million from the account to the highway patrol officers' retirement pension trust fund.

(b) By August 15, 2022, the state treasurer shall transfer $2 million from the account to the highway patrol officers' retirement pension trust fund.

(4) Starting July 1, 2023, and in each fiscal year thereafter, the state treasurer shall transfer $500,000 from the account to the highway patrol officers' retirement pension trust fund by August 15.

Special revenue account to partially fund highway patrol officers' salaries

(1) There is an account in the state special revenue fund provided for in 17-2-102.

Effective on occurrence of contingency

(2) The money in the account is for the department of justice to fund, pursuant to 2-18-303(5):

(a) the base salary and associated operating costs for highway patrol officer positions; and

(b) biennial salary increases for highway patrol officers.