(6) Revenues appropriated pursuant to paragraphs (a), (b), and (d) of subsection (5) shall be used to supplement revenues that are appropriated by the general assembly for health related purposes on the effective date of this section, and shall not be used to supplant those appropriated revenues.
(7) Notwithstanding any other provision of law, the general assembly may use revenue generated under this section for any health related purpose and to serve populations enrolled in the children's basic health plan and the Colorado medical assistance program at their respective levels of enrollment on the effective date of this section. Such use of revenue must be preceded by a declaration of a state fiscal emergency, which shall be adopted only by a joint resolution, approved by a two-thirds majority vote of the members of both houses of the general assembly and the governor. Such declaration shall apply only to a single fiscal year.
(8) Revenues appropriated pursuant to subsections (5) and (7) of this section shall not be subject to the statutory limitation on general fund appropriations growth or any other spending limitation existing in law.
(9) This section is effective January 1, 2005.
Source: Initiated 2004: Entire section added, effective January 1, 2005, see L. 2005, p. 2335.
Editor's note: (1) (a) The "effective date of this section" referred to in subsections (3), (6), and (7) is January 1, 2005.
(b) For the proclamation of the governor, December 1, 2004, see L. 2005, p. 2335.
(2) The "Colorado Medical Assistance Act" and the "Children's Basic Health Plan Act" referenced in subsection (5) were relocated by Senate Bill 06-219 to articles 4 and 8 of title 25.5.
ARTICLE XI
Public Indebtedness
Section 1.Pledging credit of state, county, city, town or school district forbidden. Neither the state, nor any county, city, town, township or school district shall lend or pledge the credit or faith thereof, directly or indirectly, in any manner to, or in aid of, any person, company or corporation, public or private, for any amount, or for any purpose whatever; or become responsible for any debt, contract or liability of any person, company or corporation, public or private, in or out of the state.
Source: Entire article added, effective August 1, 1876, see L. 1877, p. 60.
Section 2.No aid to corporations - no joint ownership by state, county, city, town, or school district. Neither the state, nor any county, city, town, township, or school district shall make any donation or grant to, or in aid of, or become a subscriber to, or shareholder in any corporation or company or a joint owner with any person, company, or corporation, public or
