On April 27, 2011, Rep. Jerry Sonnenberg, R-Sterling, and Sen. Bob Bacon, D-Fort Collins, introduced HB 11-1310 – Concerning the funding for the restoration of the state capitol dome. This summary is published here courtesy of the Colorado Bar Association’s e-Legislative Report.
Capital Development Committee. The bill extends the time allowed for the fund-raising efforts undertaken by a nonprofit statewide historic preservation organization and marketing firm for the restoration of the state capitol dome.
The bill also requires the department of personnel, in cooperation with the entities undertaking the fund-raising efforts, to calculate the value of any in-kind gifts and donations received and to present such calculations to the capital development committee for approval.
- Makes the transfer for the fiscal year commencing July 1, 2010, from the state historical fund for the restoration of the state capitol dome subject to the dollar-for-dollar reduction by the moneys deposited into the capitol dome restoration trust fund.
- Transfers an additional amount up to $5 million for the fiscal year commencing July 1, 2013, subject to the same dollar-for-dollar reduction.
- Clarifies the language referring to an emergency contingency expenditure.
- Establishes an end-of-project accounting prior to the end of the fiscal year commencing July 1, 2014, based on the final total cost of the dome restoration construction project to ensure that all of the transfers from the state historical fund are reduced, dollar for dollar, by:
- The combined total of moneys deposited into the capitol dome restoration trust fund;
- Grants for repairs and safety improvements to the state capitol dome and supporting structures made by the state historical society; Any money received for the recycling of salvaged building materials from the state capitol dome during the construction period; and
- Any in-kind gifts and donations, such as materials or labor, that resulted in the reduction of the total cost of the construction.
The bill extends the repeal of the statutory section requiring the state architect to report to the capital development committee concerning the progress of repairs and safety improvements to the state capitol dome and supporting structures. On April 28, the State Veterans, and Military Affairs Committee referred the unamended bill to the full House for consideration on 2nd Reading.
Since this summary, the bill passed its Third Reading in the House, was introduced in the Senate, and assigned to the Finance Committee.
Summaries of other featured bills can be found here.