Plain English Breakdown
The official status label says Enacted, but the effective date is blank in the metadata provided.
History Colorado May Sell Mineral Rights in Weld County
This law lets History Colorado sell mineral rights on specific lands, with the money going to fund capital improvements.
What This Bill Does
- Allows History Colorado to dispose of mineral rights and nonparticipating royalty interests for properties in Weld County.
- Requires the state controller to approve all sale agreements before they are finalized.
- Asks History Colorado to report on these sales to the capital development committee.
- Directs that money from the sales must go into the state museum cash fund.
Who It Names or Affects
- History Colorado, also known as the State Historical Society
- The Office of the State Controller
Limits and Unknowns
- The law does not state the exact date when this bill becomes effective.
- The text does not list which specific properties in Weld County are included.