Colorado § 25-23-104 - State dental loan repayment and oral health programs fund - acceptance of grants and donations.

§ 25-23-104. State dental loan repayment and oral health programs fund - acceptance of grants and donations.

(1) (a) The state dental loan repayment and oral health programs fund, referred to in this section as the "fund", is hereby created in the state treasury.

(b) The fund consists of money appropriated by the general assembly to the fund, money transferred to the fund pursuant to subsection (2) of this section, and any matching funds or contributions received from public or private sources. Matching funds or contributions received from public or private sources shall be transmitted to the treasurer, who shall credit the money to the fund.

(c) At the end of any fiscal year, all unexpended and unencumbered money in the fund remains in the fund and shall not be credited or transferred to the general fund or any other fund.

(d) Subject to annual appropriation by the general assembly, the department of public health and environment may expend money from the fund to provide loan repayment assistance to eligible dental professionals and to fund oral health programs administered by the department of public health and environment. Money in the fund may also be used to pay for the administrative costs of the department of public health and environment to implement the loan repayment program and oral health programs administered by the department of public health and environment; except that administrative costs shall not exceed ten percent of the money in the fund.

(2) (a) Pursuant to section 24-75-1104.5 (1.7)(m), for fiscal year 2016-17 and for each fiscal year thereafter so long as the state receives money pursuant to the master settlement agreement, the state treasurer shall transfer to the state dental loan repayment and oral health programs fund one percent of the money received by the state pursuant to the master settlement agreement for the preceding fiscal year.

(b) The state treasurer shall transfer to the fund the amount specified in subsection (2)(a) of this section from money credited to the tobacco litigation settlement cash fund created in section 24-22-115. Money in the fund is subject to annual appropriation by the general assembly for the purposes of this article 23 and oral health programs administered by the department of public health and environment. The amount appropriated pursuant to this subsection (2) is in addition to and not in replacement of any general fund money appropriated to the fund.

(3) The department of public health and environment is authorized to receive contributions, grants, and services from public and private sources to carry out the purposes of this article.

Source: L. 2001: Entire article added, p. 926, § 1, effective June 4. L. 2003: (2) amended, p. 464, § 8, effective March 5; (2) amended, p. 2564, § 6, effective June 5. L. 2004: (2) amended, p. 1711, § 10, effective June 4. L. 2006: (1) and (2) amended, p. 1037, § 7, effective May 25. L. 2015: (1) amended, (SB 15-264), ch. 259, p. 962, § 78, effective August 5. L. 2016: (2) amended, (HB 16-1408), ch. 153, p. 468, § 17, effective July 1. L. 2020: (2) amended, (HB 20-1380), ch. 170, p. 782, § 3, effective June 29. L. 2022: (1) and (2) amended, (HB 22-1292), ch. 186, p. 1248, § 3, effective May 18.