Colorado § 33-60-104 - Distribution of net lottery proceeds beginning first quarter of fiscal year 1998-99.
Full text of Colorado Colorado Revised Statutes § 33-60-104 — Distribution of net lottery proceeds beginning first quarter of fiscal year 1998-99., with citation guidance and answers to common questions.
§ 33-60-104. Distribution of net lottery proceeds beginning first quarter of fiscal year 1998-99.
(1) For the first quarter of fiscal year 1998-99 and for each quarter thereafter, the state treasurer shall distribute net lottery proceeds as follows:
(a) Forty percent to the conservation trust fund for distribution to municipalities and counties and other eligible entities for parks, recreation, and open space purposes;
(b) Ten percent to the division of parks and wildlife for the acquisition, development, and improvement of new and existing state parks, recreation areas, and recreational trails; and
(c) All remaining net lottery proceeds in trust to the trust fund board; except that, in any state fiscal year in which the portion of net lottery proceeds which would otherwise be given in trust to the trust fund board exceeds the adjusted amount of thirty-five million dollars as determined by the state treasurer in accordance with subsection (2) of this section, the net lottery proceeds in excess of such adjusted amount shall be allocated to the general fund and transferred as specified in section 44-40-111 (12).
(2) Beginning with the first quarter of fiscal year 1998-99 and each fiscal year thereafter, the base amount of thirty-five million dollars shall be adjusted annually based on the decrease or increase, if any, in the consumer price index for the Denver metropolitan area, for the preceding calendar year reported by the United States bureau of labor statistics, or its successor index. Such adjustment shall reflect changes, if any, in such index from the actual consumer price index for the Denver metropolitan area, for the calendar year 1992.
Source: L. 93: Entire article added, p. 2025, § 1, effective June 9. L. 2021: (1)(c) amended, (HB 21-1318), ch. 272, p. 1580, § 4, effective June 21.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 33-60-104
What does Colorado Revised Statutes § 33-60-104 cover?
Section 33-60-104 ("Distribution of net lottery proceeds beginning first quarter of fiscal year 1998-99.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 33-60-104?
A common citation format is "Colorado Revised Statutes § 33-60-104" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 33-60-104 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.