SB 88 — Funding for Memorials on State Capitol Grounds

SecondNOTE: Regular Session Seventy-fifth General Assembly STATE OF COLORADO REREVISED This Version Includes All Amendments Adopted in the Second House LLS NO.

26-0446.01This Rebeccabill Bayettihas x4348been SENATEprepared BILLfor 26-088the SENATEsignatures SPONSORSHIPof KirkmeyerandCarson,the Baisley,Bright,Catlin,Frizell,Liston,PeltonB.,PeltonR.,Rich,appropriate Simpson,legislative Wallace,officers Zamoraand Wilsonthe HOUSEGovernor. SPONSORSHIP WinterT.andMartinez, Bacon,Barron,Boesenecker,Brown,Caldwell,Clifford,Duran, Hamrick, Lieder, Lindsay, Nguyen, Rutinel, Story, Taggart, Valdez, Weinberg, Woog d d e a 2 S n 2 U g 2 H d r e A Senate Committees House Committees R State, Veterans, & Military Affairs State, Civic, Military, & Veterans Affairs 3 A BILL FOR AN ACT e n 2 C ONCERNING THE GROUNDS SURROUNDING THE STATE CAPITOL E m 2 U n 2 BUILDING ,AND ,IN CONNECTION THEREWITH ,PROVIDING FOR O g h H i a THE MAINTENANCE AND REPAIR OF MEMORIALS AND a M R MONUMENTS ON THE CAPITOL GROUNDS AND IN L INCOLN n VETERANS 'MEMORIAL PARK .

eTo ndetermine 6whether Billthe SummaryGovernor mhas 0signed Tthe nbill ,or Ataken Uother 1action (Note:on it, please consult the legislative status sheet, the legislative history, or the Session Laws.

ThisSENATE summaryBILL applies26-088 toBY thisSENATOR(S) billKirkmeyer as introduced and doesCarson, EBaisley, iBright, hCatlin, notreflectanyamendmentsthatmaybesubsequentlyadopted.IfthisbillFrizell, SListon, aPelton rB., RPelton MR., passesRich, thirdSimpson, readingWallace, inZamora theWilson; house of introduction, a bill summary that r applies to the reengrossed version of this bill will be available at 3 http://leg.colorado.gov.) n Under current law, the department of personnel and a statutorily d 6 created preservation trust committee oversee the Colorado veterans' e 0 T R , A n 3 E d h Shading denotes HOUSE amendment.

Doublealso underliningREPRESENTATIVE(S) denotesWinter SENATET. amendment.

Sand eMartinez, rBacon, CapitalBarron, lettersBoesenecker,Brown,Caldwell,Clifford,Duran,Hamrick,Lieder,Lindsay, orNguyen, boldRutinel, &Story, italicTaggart, numbersValdez, indicateWeinberg, newWoog. material to be added to existing law.n M Dashes through the words or numbers indicate deletions from existing law.

mCONCERNING ATHE monumentGROUNDS preservationSURROUNDING trustTHE fundSTATE (trustCAPITOL fund).BUILDING , AND ,INCONNECTIONTHEREWITH ,PROVIDINGFORTHEMAINTENANCE AND REPAIR OF MEMORIALS AND MONUMENTS ON THE CAPITOL GROUNDS AND IN LINCOLN VETERANS 'MEMORIAL PARK .

The bill moves oversight of the trust fund to the state historical society (history Colorado) and repeals the preservation trust committee.

The bill also expands the allowable uses of the trust fund, which were previously restricted to maintaining and enhancing the Colorado veterans' monument and any fallen heroes memorials in Lincoln veterans' memorial park, to include the maintenance, enhancement, and repair of monuments and memorials both in Lincoln veterans' memorial park and on the state capitol building grounds.

History Colorado may expend principal from the trust fund for these purposes once every 20 years beginning in state fiscal year 2027-2028, subject to appropriation by the general assembly, and for unexpected necessary maintenance costs that are not covered by insurance.

On or before December 31, 2026, and on or before each December 31 thereafter, history Colorado must submit a report to the state capitol building advisory committee that includes information on:

! History Colorado's plans to maintain, enhance, and repair monuments and memorials in Lincoln veterans' memorial park and on the state capitol building grounds;

and ! The actual and planned use of money in the trust fund.

The bill also requires the state capitol building advisory committee, before recommending a proposal for the placement of a memorial or an object of art on the state capitol building grounds to the capital development committee and the governor for approval, to ensure that the proposal includes funding sufficient to provide lifetime maintenance of the proposed memorial or object of art.

Only a proposal that dedicates at least 5% of its total budget to maintenance includes fundingsufficienttoprovidelifetimemaintenanceoftheproposedobject of art or memorial.

SECTION1.SECTION 1.

In Colorado RevisedStatutes,24-80-1401,amendRevised Statutes, 24-80-1401, amend (1), (4), and (5);

Coloradoveterans'monumentpreservationtrustColorado veterans' monument preservation trust fund - state historical society - park name change - report.

(1) There is hereby created in the state treasury the Colorado veterans'veterans'monumentpreservationtrustfund,referredtointhissectionasthe monument preservation trust fund, referred to in this section as the "trust fund", the principal of which shall consistSISTS of funds MONEY made________ availableCapital fromletters privateor GIFTS,bold GRANTS& ,ANDitalic donationsnumbers -2-indicate 088new receivedmaterial byadded theto departmentexisting oflaw; personSTATE HISTORICAL SOCIETY, MONEYCREDITEDTOTHETRUSTFUNDASSPECIFIEDINSUBSECTION (4)(e) OF THIS SECTION , and any funds appropriated thereto MONEY TRANSFERRED TO THE TRUST FUNDby the general assembly.

Alldashes moneysthrough MONEYwords depositedor innumbers thetrustfundandallinterestearnedinthetrustindicate funddeletions shallfrom remainEMAINSexisting inlaw theand trustsuch formaterial theis purposesnot as set forth in this part 14of SECTION,the andact. no portion thereof sOF THE TRUST FUND MAY be expended or appropriated for any other purpHE PRINCIPAL OF THE TRUST FUND AND ANY UNAPPROPRIATED INTEREST EARNED ON THE PRINCIPALOFTHETRUSTFUNDATTHECLOSEOFANYFISCALYEARREMAIN INTHETRUSTFUNDANDMAYNOTBETRANSFERREDTOORREVERTTOTHE GENERAL FUND .

(2)made Thereavailable isfromprivate herebycreatedGIFTS,GRANTS a,AND preservationdonationsreceivedbythe trustdepartment committeeof forpersonnel theSTATE purposeHISTORICAL ofSOCIETY overseeing,MONEY CREDITED TO THE TRUST FUND AS SPECIFIED IN SUBSECTION (4)(e)OF THIS SECTION , and makingany allocationsfunds outappropriated oftheretoMONEY TRANSFERRED TO THE TRUST FUND bythegeneralassembly.Allmoneys MONEY depositedinthetrustfundand all interest earned in the trust fund.fundshallremainAINS inthe trust for the purposesas setforthinthispart14 SECTION ,andnoportionthereofshall OF THE TRUST FUND MAY be expended or appropriated for any other purpose.

THE PRINCIPAL OF THE TRUST FUND AND ANY UNAPPROPRIATED INTEREST EARNEDONTHEPRINCIPALOFTHETRUSTFUNDATTHECLOSEOFANYFISCAL YEAR REMAIN IN THE TRUST FUND AND MAY NOT BE TRANSFERRED TO OR REVERT TO THE GENERAL FUND .

(2) There is hereby created a preservation trust committee for the purpose of overseeing and making allocations out of the trust fund.

One member shall be a representative or designee of the Colorado board of veteransveteransaffairs,createdinsection28-5-702,onemembershallbeamember affairs, created in section 28-5-702, one member shall be a member or designee of the state capitol building advisory committee, created in section 24-82-108, one member shall be a veteran appointed jointlybythejointly by the speaker of thehouseofthe representativesandthepresidentofhouse thesenate,andonemembershallbearepresentativeofthedepartmentofof personnelrepresentatives thatand overseesthe realpresident estateof services,the whosenate, and one member shall be ana exrepresentative officioof nonvotingthe member.department of personnel that overseesrealestateservices,whoshallbeanexofficiononvotingmember.

(3) (a) The initial term for the member representing the Colorado boardofveteransaffairsandforthememberrepresentingthestatecapitolboard of veterans affairs and for the member representing the state capitol building advisory committee shall be three years.

Thereafter, those members'termsshallbetwo-yearterms.Exceptasprovidedinparagraphmembers' -3-terms 088 (b) of this subsection (3), the member appointed by the speaker of the house of representatives and the president of the senate shall servebe a two-year term.terms.

AnyvacancyonExcept theas committeeprovided shall be filled in theparagraph same(b)ofthissubsection(3),thememberappointedbythespeakerofthehouse mannerof providedrepresentatives forand originalthe appointmentspresident forof the remaindersenate ofshall anserve unexpireda two-year term.

(b)Any Thetermofthememberappointedbythespeakerofthehousevacancy ofon representatives and the presidentcommittee of the senate and who is serving on March 22, 2007, shall be extendedfilled toin andthe expiresame onmanner orprovidedfororiginalappointmentsfortheremainderof shallanunexpiredterm. terminate on theconveningdateofthefirstregularsessionofthesixty-seventhgeneral assembly.

As(b) soonThe asterm practicableof afterthe suchmember conveningappointed date,by the speaker of the house of representatives and the president of the senate and who is serving on March22,2007,shallbeextendedtoandexpireonorshallterminateonthe convening date of the first regular session of the sixty-seventh general assembly.Assoonaspracticableaftersuchconveningdate,thespeakerand the president shall jointly appoint or reappoint one member in the same manner as provided in paragraph (a) of this subsection (3).

Thereafter, the PAGE 2-SENATE BILL 26-088 term of the member appointed or reappointed by the speaker and the president shall expire on the convening date of the first regular session of eacheachgeneralassembly,andallsubsequentappointmentsandreappointments general assembly, and all subsequent appointments and reappointments by the speaker and the president shall be made as soon as practicable after suchsuchconveningdate.Membersappointedorreappointedbythespeakerand conveningthepresidentshallserveatthepleasureoftheappointingauthorityandshall date.continue in office until the member's successor is appointed.

Members(4) appointed(a) orT reappointedHE byPURPOSES theOF speakerTHE andTRUST theFUND presidentARE shallTO serveMAINTAIN at, theENHANCE pleasure, ofAND theREPAIR appointingMONUMENTS authorityandAND shallMEMORIALS continueIN inLINCOLN officeVETERANS until'MEMORIAL thePARK member'sAND successorON isTHE appointed.GROUNDS SURROUNDING THE STATE CAPITOL BUILDING .

(4)(b) (a)The TEpreservation PURPOSEStrust OFcommittee THEshall TRUSThaveATE FUNDHISTORICAL ARESOCIETY TOCREATED MAINTAININ ,PART ENHANCE2 ,OF ANDTHIS REPAIRARTICLE MONUMENTS80 ANDHAS MEMORIALSdiscretion INin LINCOLNdetermining VETERANSthe 'MEMORIALamount PARKof ANDfundsMONEY ONto THEallocate GROUNDSfrom SURROUNDINGthe THEtrust STATEfund CAPITOLto BUILDIN.meet the purposes of this part 14.

(b)Except ThepreservationtrustcommitteeshallhaveTEHISTORICALthatOTHERWISE SOCIETYPROVIDED CREATED IN PARTSUBSECTIONS 2(4)(c) OFTO (4)(f)OF THIS ARTICLESECTION 80, HASonly discretionthe ininterest determiningderived from the amountprincipal ofin fundsEYthe totrust allocatefund frommay be expended by the trustpreservation fundtrustcommittee.Allgifts,grants,anddonationsreceivedbythedepartment -4-of 088personnel tomeetthepurposesofthispart14.ExceptthatASOTHERWISEPROVIDEDpursuant INSUBSECTIONSto (4)(cTOsubsection (4)(fOFTHISSECTION(5) ,onlytheinterestderivedof fromthis thesection principalshall inbe credited to the trust fund maybeand expendedretained bytheas preservationprincipal trustin committee.the trusSTATE HISTORICAL SOCIETY .

All gifts,interest grants,earned andon donationsthe receivedinvestment byof themoneyinTRUST departmentofpersonnelpursuanttosubsection(5)ofthissectionshallbefund creditedshall beIS continuously appropriated to the trustdepartment fundof andpersonnel retainedfor asallocation principalinthetrustfundto the preservation trust commitSTATE HISTORICAL SOCIETY.SOCIETY .

AllThe interest earned on the investment of money in theTRUST fundshallbeIScontinuouslyappropriatedtothedepartmentof personnel for allocation to the preservation trust committeeEcommittee HISTORICALSOCIETYSTATE .ThepreservationtrustcommittSTATEHISTORICALHISTORICAL SOCIETY shall determine annually how much of the interest generated from the principal in the trust fund will be spent and shall determine and approvewhattypesofmaintenanceandrepairworkwillbeperformedforapprove thewhat purposestypes of maintaining,maintenance enhancing, and repairingrepair thework Coloradowill veterans'monumentandanyfallenheroesmemorialsinLincolnveterans'be memorialperformed parkfor inthe Denver,purposes of maintaining,enhancing,andrepairingtheColoradoveterans'monumentand anyfallen heroesmemorialsinLincolnveterans'memorialparkinDenver, Colorado, and for maintaining Lincoln veterans' memorial park.

The principal of the trust fund and any unappropriated interest earned on the principal of the trust fund at the close of anyanyfiscal fiscal year shall remain in the trust fund and shall not be transferred to or revert to the generalgeneraSETund fundORTHFORTH IN SUBSECTION (4)(a)OF THIS SECTIO.SECTION.

(c) SUBJECT TOAPPROPRIATIONBYTHETO GENERALASSEMBLYAPPROPRIATION ,THEBY STATETHE HISTORICALGENERAL SOCIETYASSEMBLY MAY, EXPENDTHE PRINCIPALSTATEHISTORICALSOCIETYMAYEXPENDPRINCIPALFROMTHETRUSTFUND FROMFOR THE TRUSTPURPOSES FUNDFORTHEPURPOSESSETFORTHINSUBSECTIONSET (4)(aOFTHISSECTIONFORTH INSTATEFISCALYEARIN 2027-2028ANDONCEEVERYTWENTYSTATEFISCALSUBSECTION (4)(a) OF THIS SECTION IN PAGE 3-SENATE BILL 26-088 STATE FISCAL YEAR 2027-2028 AND ONCE EVERY TWENTY STATE FISCAL YEARS THEREAFTER .

(d) THESTATEHISTORICALSOCIETYMAYEXPENDPRINCIPALFROM -5- 088 THE TRUSTSTATE FUNDHISTORICAL FORSOCIETY UNEXPECTEDMAY MAINTENANCEEXPEND THATPRINCIPAL ISFROM NOTTHETRUSTFUNDFORUNEXPECTEDMAINTENANCETHATISNOTCOVEREDBY COVERED BY INSURANCE ,,ASLONG AS LONG AS THE MAINTENANCE IS NECESSARYNECESSARYANDSUFFICIENT AND SUFFICIENT PRINCIPAL EXISTS IN THE TRUST F.NDFUND (e) MONEYGIFTEDM GRANTEDONEY GIFTED,GRANTED ,DONATED ,OROTHERWISECREDITED,OR TOOTHERWISE THECREDITED TRUSTTOTHETRUSTFUNDINCONNECTIONWITHTHEPLACEMENTOFANAPPROVED FUNDOBJECT INOF CONNECTIONART WITHOR THEMEMORIAL PLACEMENTON OFTHE ANGROUNDS APPROVEDOBJECTOFARTORMEMORIALONTHEGROUNDSSURROUNDINGSURROUNDING THE STATE CAPITOL BUILDING ,AS DESCRIBED IN SECTION 24-82-108 (3)(h)(IV)IS(3)(h)(IV),IS CONTINUOUSLYCONTINUOUSLYAPPROPRIATEDTOTHESTATEHISTORICALSOCIETYFORTHE APPROPRIATED TO THE STATE HISTORICAL SOCIETY FOR THE LIFETIME MAINTENANCE OF THE OBJECT OF ART OR MEMORIAL .

(f) DONATIONS MADE IN CONNECTION WITH A PERMIT TO USE THE LLINCOLN INCOLNVETERANSVETERANS 'MEMORIALPARKARECONTINUOUSLYAPPROPRIATED'MEMORIAL PARK ARE CONTINUOUSLY APPROPRIATED TO THE STATE HISTORICAL SOCIETY FOR MAINTAINING AND RESTORING MONUMENTS AND MEMORIALS IN L INCOLN VETERANS'MEMORIALVETERANS 'MEMORIAL PARK .

(5) The department of personnelATEpersonnel STATE HISTORICAL SOCIETYisSOCIETY is authorized to receive gifts, grants, and donations from private or public sources for the trust fund.