HB15-1243

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HB15-1243 - Parks Wildlife Trust Funds Spend Mitigation Moneys

Passed/Signed into Law
Concerning Increased Spending Authority For The Division Of Parks And Wildlife, And, In Connection Therewith, Establishing The Parks For Future Generations Trust Fund, Amending The Wildlife For Future Generations Trust Fund, And Giving The Division Of Parks And Wildlife Explicit Spending Authority Over Moneys Received To Mitigate Or Offset Adverse Impacts To The State's Parks And Wildlife Resources.

Under current law, the wildlife for future generations trust fund has no dedicated revenue source, the interest from the fund is continuously appropriated, and the principal is to remain intact. Section 1 of the bill:

  • Dedicates moneys received from energy or mineral royalties or leases of energy or mineral rights on wildlife properties to the fund;
  • Specifies that no less than 50% of the moneys deposited in the fund, other than interest, will be maintained intact; and
  • Specifies that the remaining balance of the moneys deposited into the fund are subject to appropriation. The interest remains continuously appropriated.

Section 2 creates the parks for future generations trust fund with the same spending authority, the source for which is moneys received from energy or mineral royalties or leases of energy or mineral rights on park properties.

Currently, the division of parks and wildlife occasionally enters into mitigation agreements to offset adverse impacts of development on wildlife, wildlife habitat, or state parks or trails. But the division does not have explicit spending authority for the moneys resulting from payments under these agreements. Section 3 provides that spending authority with regard to wildlife and wildlife habitat, and section 4 provides it for state parks and recreation areas.

Senate Committees

Latest update: May 8, 2015
05/08/2015 Governor Signed
04/28/2015 Sent to the Governor
04/28/2015 Signed by the President of the Senate
04/28/2015 Signed by the Speaker of the House
04/21/2015 Senate Third Reading Passed - No Amendments
04/20/2015 Senate Second Reading Special Order - Passed - No Amendments
04/16/2015 Senate Committee on Finance Refer Unamended - Consent Calendar to Senate Committee of the Whole
04/09/2015 Introduced In Senate - Assigned to Finance
04/07/2015 House Third Reading Passed - No Amendments
04/06/2015 House Second Reading Passed - No Amendments
04/02/2015 House Committee on Finance Refer Unamended to House Committee of the Whole
03/09/2015 House Committee on Agriculture, Livestock, & Natural Resources Refer Unamended to Finance
02/24/2015 Introduced In House - Assigned to Agriculture, Livestock, & Natural Resources + Finance