Distribution of tax collected
(1) All sums of money received and collected in payment of the tax imposed
by the provisions of this article, except license fees received under
section 39-28.5-104 and the moneys collected pursuant to
section 39-28.5-102.5, shall be transmitted to the state treasurer, who shall distribute such
money as follows: Fifteen percent to the general fund and eighty-five
percent to the old age pension fund.
(2) All moneys received and collected in payment of the tax imposed pursuant to
section 39-28.5-102.5 and
section 21 of article X of the state constitution shall be transmitted to the state treasurer for deposit in the tobacco
tax cash fund created in
section 24-22-117, C.R.S.