d86fd0f1_State_Bill_Colorado___Dossier__1
[0] SB12-031 [2] WHITE [3] S.B. 12-31 County powers - authority to create federal mineral lease districts - changes to district's and district board of director's powers - allow for further autonomy of the district. The laws regarding the formation of a federal mineral lease district, including changes to the district's and district board of director's powers, are changed to allow the district to be more autonomous from the county creating the district. A federal mineral lease district is an independent body politic, separate and distinct from the county that creates it. Powers of the district and the board of directors are further enumerated. Methods for dissolving a district are established and the membership and terms of the board of directors are clarified. The district may reserve all or a portion of the federal mineral lease funding for use in subsequent years in order to maximize the usefulness of the direct or indirect distribution of funding for the areas socially or economically impacted by the development, processing, or energy conversion of fuels and minerals leased under a federal act. APPROVED by Governor April 6, 2012 EFFECTIVE April 6, 2012 [4] 04/06/2012 Governor Action - Signed [5] NOT ON CALENDAR [6] No news items found [1] 
Federal Mineral Lease Districts
State Bill Colorado - Dossier
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