Use of revenues derived from sales tax

Colo. Rev. Stat. § 25-42-104, under Public Health and Environment.

Colo. Rev. Stat. § 25-42-104

The revenues derived by a unit of government hospital care provider from the levy and collection of the sales tax authorized by this article shall be in addition to and shall not be used to replace any state funding that the unit of government hospital care provider or any other state or local government entity would otherwise be entitled to receive from the state. The unit of government hospital care provider may use said revenues for any purpose permitted by law or by the terms of its organizational documents.

Source: L. 2008: Entire article added, p. 1184, � 1, effective May 22.

25-42-105. Preservation of enterprise status of certain providers and activities. The authority granted in this article shall be subject to affirmative action of the governing body of a unit of government hospital care provider to avail itself of this authority and shall be contingent upon electoral approval at an election held pursuant to sections 25-42-103 (1)(a) and 25-42-106. The enactment of this article shall not affect the treatment of any existing or future activity of a unit of government hospital care provider as an enterprise for purposes of section 20 of article X of the state constitution.

Source: L. 2008: Entire article added, p. 1184, � 1, effective May 22.

25-42-106. Call, notice, conduct, and determination of results of tax elections. An election held pursuant to this article may be conducted under the provisions of either the Uniform Election Code of 1992, articles 1 to 13 of title 1, C.R.S., or the Colorado Municipal Election Code of 1965, article 10 of title 31, C.R.S.

Source: L. 2008: Entire article added, p. 1184, � 1, effective May 22.