In lieu of issuing bonds, or using another form of long-term debt, the state often uses a form of lease-purchase agreement called certificates of participation (COPs) to finance the construction of its new facilities. A certificate refers to an investor's proportionate interest in the state's lease payments. COPs give the state the flexibility to build capital facilities even when funds are not available to pay for projects on a pay-as-you-go basis.
Gambling is defined in Colorado law as "risking any money, credit, deposit, or other thing of value for gain contingent in whole or in part upon lot, chance, the operation of a gambling device, or the happening outcome of an event, including a sporting event, over which the person taking a risk has no control." In practical terms this is defined more succinctly as: payment, luck, and the receipt of prizes. If one of these criteria is not present, an activity does not meet the definition of gambling.
This memorandum is designed to be a reference guide for legislators and the public on the topic of Colorado laws related to liquor licensing. It covers the three-tier regulatory structure, license and permit types, general licensing requirements, and related fees, taxes, and recent legislation.
This memorandum provides an overview of jury duty for criminal trials in Colorado, including how jurors are summoned, excused, selected, paid, and impaneled. Jury deliberations, instructions, and verdicts are also covered.
Revenue collected in excess of the constitutional revenue limit, or TABOR limit, must be refunded to taxpayers unless voters authorize retention of the excess amount. This memorandum presents information on this constitutional requirement and its administration at the state level.
This document outlines the major features of Colorado's water policy landscape including its water law, state water agencies, recent legislative initiatives to address Colorado's growing water demands, and state funding sources for water supply projects.
