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Can you summarize 44 CORS Article 30, Part 13?
COLORADO LIMITED GAMING ACT > LOCAL GOVERNMENT LIMITED GAMING IMPACT FUND
Short Summary
This legal document establishes the local government limited gaming impact advisory committee within the department of local affairs. The committee consists of thirteen members from various departments and entities, including executive directors, representatives from impacted counties, municipalities, special districts, members of the Colorado house of representatives and senate, and representatives appointed by the governor. The committee’s main responsibilities include establishing a standardized methodology and criteria for documenting and assessing negative gaming impacts on eligible local governmental entities, reviewing grant applications, making funding recommendations, and providing ongoing assessments to the executive director of the department of local affairs. The committee members appointed by the speaker and the president have terms that expire on the convening date of the first regular session of each general assembly. The committee is chaired by a selected member and convenes as necessary. Certain committee members receive compensation and reimbursement of expenses. The document also establishes the local government limited gaming impact fund in the state treasury, which consists of money transferred and appropriated by the general assembly. The fund is divided into the limited gaming impact account and the gambling addiction account. The limited gaming impact account provides financial assistance to eligible local government entities for documented negative gaming impacts and grants for gambling addiction counseling. Eligible local governmental entities include certain counties, municipalities, and special districts. The fund is managed by the executive director of the department of local affairs, who distributes the money based on recommendations from the local government limited gaming impact advisory committee. The grants prioritize eligible local governmental entities with lower property values and incorporate a weighted decision matrix. Unexpended and unencumbered money in the limited gaming impact account carries over to subsequent fiscal years. The general assembly recognizes the value of grants from the fund in supporting communities during economic distress and emphasizes the need for well-documented negative impacts. The document also specifies the transfer of money to the general fund after specific dates and the resumption of transfers to the fund from a certain date onwards.
Whom does it apply to?
Executive directors of various departments, representatives from impacted counties, municipalities, special districts, members of the Colorado house of representatives and senate, representatives appointed by the governor, eligible local governmental entities
What does it govern?
Establishment of the local government limited gaming impact advisory committee and the local government limited gaming impact fund
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Colorado