2016 Colorado Revised Statutes
Title 39 - Taxation
Specific Taxes
Article 28.8 - Taxes on Marijuana and Marijuana Products
Part 6 - Ballot Issue Related to Proposition Aa Refunds - Permitted Uses
§ 39-28.8-606. Approval of ballot issue - account - use of revenues
(1) If a proposition AA blue book refund is required under section 39-28.8-602 but a majority of the electors that vote on the ballot issue vote "Yes/For", then:
(a) The state treasurer shall transfer forty million dollars from the proposition AA refund account to the public school capital construction assistance fund created in section 22-43.7-104 (1), C.R.S.; and
(b) The general assembly shall appropriate twelve million dollars from the proposition AA refund account for any use authorized in section 39-28.8-501.
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