85-2-280. (Temporary) Water adjudication account. (1) There is a water adjudication account within the state special revenue fund created in 17-2-102.
     (2) (a) For the period beginning July 1, 2005, and ending June 30, 2015, there is allocated to the department and the water court up to $2.6 million, plus the approved inflation factor contained in the revenue estimating resolution, each fiscal year from the water adjudication account for the sole purpose of funding the water adjudication program. These funds may not be used for the purpose of updating or maintaining a computer database.
     (b) For the period beginning July 1, 2015, and ending June 30, 2020, there is allocated to the department and the water court up to $1 million, plus the approved inflation factor contained in the revenue estimating resolution, each fiscal year from the account for the sole purpose of funding the water adjudication program.
     (c) The allocations in subsections (2)(a) and (2)(b) are subject to appropriation by the legislature.
     (3) (a) Subject to subsection (3)(b), the total amount of revenue deposited in the water adjudication account from the fee provided for in 85-2-276 may not exceed $31 million.
     (b) If federal funds are appropriated for the purposes of 85-2-270 through 85-2-273, 85-2-276, and 85-2-279 through 85-2-283, the maximum amount that may be deposited in the account must be reduced by the amount of federal funds appropriated.
     (c) Once revenue generated from the fees provided for in 85-2-276 and any federal revenue appropriations have reached $31 million, the fee may no longer be assessed.
     (4) Interest and income earnings on the water adjudication account must be deposited in the account.
     (5) Revenue remaining in the water adjudication account on June 30, 2020, must be transferred to the water right appropriation account provided for in 85-2-318. (Terminates June 30, 2020--sec. 18, Ch. 288, L. 2005.)

     History: En. Sec. 7, Ch. 288, L. 2005.