Capital Development Committee.
The bill authorizes the state historical society, also known as history Colorado, to sell mineral rights and nonparticipating royalty interests that are referred to as its Weld County rights and West Virginia rights. History Colorado is required to credit the proceeds of the sale to the state museum cash fund to be used for a strategic investment in capital improvements, including the retrofitting of the collections care facility and controlled maintenance.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)