→
Previous
Latest
Second Regular Session Seventy-fifth General Assembly STATE OF COLORADO REREVISED This Version Includes All Amendments Adopted in the Second House LLS NO.
NOTE:
26-0874.01 Christopher McMichael x4775 HOUSE BILL 26-1338 HOUSE SPONSORSHIP McCormick and Winter T., Barron, Boesenecker, Brown, Camacho, Duran, Hamrick, Johnson, Lindsay, Lukens, Marshall, Martinez, McCluskie, Nguyen, Rutinel, Sirota, Smith, Soper, Stewart K., Titone, Velasco SENATE SPONSORSHIP Roberts and Simpson, Amabile, Bridges, Catlin, Coleman, Daugherty, Exum, Gonzales J., Kipp, Kirkmeyer, Kolker, Lindstedt, Liston, Marchman, Pelton R., Wallace d d e a 2 T n 2 N g 6 E i y House Committees Senate Committees S a M Agriculture, Water & Natural Resources Agriculture & Natural Resources e Appropriations Finance d Appropriations d d A BILL FOR AN ACT e E a 2 C ONCERNING THE C OLORADO WATER CONSERVATION BOARD A U , N g 5 OPERATIONS , AND , IN CONNECTION THEREWITH , FUNDING S d a e M PROJECTS AND MAKING AN APPROPRIATION .
This bill has been prepared for the signatures of the appropriate legislative officers and the Governor.
R Bill Summary (Note:
To determine whether the Governor has signed the bill or taken other action on it, please consult the legislative status sheet, the legislative history, or the Session Laws.
This summary applies to this bill as introduced and does d e 6 notreflectanyamendmentsthatmaybesubsequentlyadopted.Ifthisbill m 0 passes third reading in the house of introduction, a bill summary that S n 2 U g 1 applies to the reengrossed version of this bill will be available at O i i http://leg.colorado.gov.) H e p R A r The bill appropriates the following amounts for the 2026-27 state 3 fiscal year from the Colorado water conservation board (CWCB) construction fund to the CWCB or the division of water resources in the e department of natural resources for the following projects:
HOUSE BILL 26-1338 BY REPRESENTATIVE(S) McCormick and Winter T., Barron, Boesenecker, Brown, Camacho, Duran, Hamrick, Johnson, Lindsay, Lukens, Marshall, Martinez, Nguyen, Rutinel, Sirota, Smith, Soper, Stewart K., Titone, Velasco, McCluskie;
n e 2 ! Continuation of the satellite monitoring system, $380,000 E a 2 U U 7 O n i Shading denotes HOUSE amendment.
also SENATOR(S) Roberts and Simpson, Amabile, Bridges, Catlin, Daugherty,Exum,GonzalesJ.,Kipp,Kirkmeyer,Kolker,Lindstedt,Liston, Marchman, Pelton R., Wallace, Coleman.
Double underlining denotes SENATE amendment.
CONCERNING THE C OLORADO WATERCONSERVATIONBOARDOPERATIONS , AND ,IN CONNECTION THEREWITH ,FUNDING PROJECTS AND MAKING AN APPROPRIATION .
H a p Capital letters or bold & italic numbers indicate new material to be added to existing law.e A Dashes through the words or numbers indicate deletions from existing law.
Be it enacted by the General Assembly of the State of Colorado:
d (section 1 of the bill);
! Continuation of the floodplain map modernization program, $500,000 (section 2);
! Continuation of the weather modification permitting program, $500,000 (section 3);
! Continuation of the Colorado Mesonet project, $200,000 (section 5);
! Continuation of the water forecasting partnership project, $2,500,000 (section 6);
! Continuation of Colorado decision support system operation and maintenance, $750,000 (section 7);
! Supportforwaterplanagencyactions,$1,350,000(section 9);
! Continuation of the Colorado watershed restoration and flood mitigation projects, $5,000,000 (section 10);
and ! Continuation of the upper Colorado river commission planning, $750,000 (section 11).
Section 4 directs the state treasurer to transfer up to $6,000,000 from the CWCB construction fund to the CWCB litigation fund on or before July 1, 2026.
Section 8 restores the fish and wildlife resources fund balance by transferring$2,000,000fromtheCWCBconstructionfundtothefishand wildlife resources fund.
Section 12 authorizes the CWCB to make a loan in an amount of $151,500,000 from the severance tax perpetual base fund to the city of Fort Collins to support the Halligan water supply project.
Section 13 authorizes the CWCB to make a loan in an amount of $20,166,670 from the severance tax perpetual base fund to the Lower Latham Reservoir Company for the Jurgens reservoir construction project.
Section 14 appropriates $37,700,000 from the water plan implementation cash fund to the CWCB to award grants that will help implement the state water plan.
Section 15 clarifies that the money that is currently in the turf replacement fund is appropriated for designated purposes to the CWCB until June 30, 2028.
Any money remaining in the turf replacement fund on July 1, 2028, is transferred to the CWCB construction fund.
Section16makestechnicalcorrectionssothatmoneyappropriated in 2025 is available to the department of natural resources executive director's office for the purpose of paying for a study by the Colorado water center at Colorado state university.
Under current law, the CWCB may authorize loans up to $10 million from the CWCB construction fund or severance tax perpetual basefundwithoutlegislativeauthorization.Thebillincreasesthatamount to $30 million (section 17).
-2- 1338 Be it enacted by the General Assembly of the State of Colorado:
(1) For the 2026-27 state fiscal year, $380,000 is appropriated to the department of natural resources for use by the division of water resources.
(1) For the 2026-27 state fiscalyear,$380,000isappropriatedtothedepartment of naturalresources for use by the division of water resources.
This appropriation isfromtheColoradowaterconservationboardconstruction fund created in section 37-60-121, C.R.S.
This appropriation is from the Colorado water conservation board construction fund created in section 37-60-121, C.R.S.
To implement this section, the division of water resources may use this appropriation to install, maintain, and operatesatellite-monitoredstreamgaugesandlysimetersforwaterrights administration and data collection pursuant to section 37-80-102 (10), C.R.S.
To implement this section, the division of water resources may use this appropriation to install, maintain, and operate satellite-monitored stream gauges and lysimeters for water rights ________ Capital letters or bold & italic numbers indicate new material added to existing law;
(2) The money appropriated in subsection (1) of this section remains available for the designated purposes until it is fully expended.
dashes through words or numbers indicate deletions from existing law and such material is not part of the act.
administration and data collection pursuant to section 37-80-102 (10), C.R.S.
(2) Themoneyappropriatedinsubsection(1)ofthissectionremains available for the designated purposes until it is fully expended.
Continuation of the Colorado floodplain map modernization program - appropriation.
Continuation of the Colorado floodplain map modernizationprogram-appropriation.(1) Forthe2026-27statefiscal year,$500,000isappropriatedtothedepartmentofnaturalresourcesforuse by the Colorado water conservation board.
(1) For the 2026-27 state fiscal year, $500,000 is appropriated to the department of natural resources for use by the Colorado water conservation board.
This appropriation is from the Colorado water conservation board construction fund created in section 37-60-121, C.R.S.
This appropriationisfromtheColoradowaterconservationboardconstruction fund created in section 37-60-121, C.R.S.
To implement this section, the Colorado water conservationboardmayusethisappropriationtocontinuetoassistwiththe preparation of revised and improved floodplain studies and maps for communitiesthroughoutColoradoandtoparticipateinfederallysponsored floodplain map modernization activities.
To implement this section, the Coloradowaterconservationboardmayusethisappropriationtocontinue to assist with the preparation of revised and improved floodplain studies and maps for communities throughout Colorado and to participate in federally sponsored floodplain map modernization activities.
(2) Themoneyappropriatedinsubsection(1)ofthissectionremains available for the designated purposes until it is fully expended.
(2) The money appropriated in subsection (1) of this section remains available for the designated purposes until it is fully expended.
Continuation of the weather modification -3- 1338 permitting program - appropriation.
Continuation of the weather modification permitting program - appropriation.
(1) For the 2026-27 state fiscal year, $500,000 is appropriated to the department of natural resources for usebytheColoradowaterconservationboard.Thisappropriationisfrom the Colorado water conservation board construction fund created in section37-60-121,C.R.S.Toimplementthissection,theColoradowater conservation board may use this appropriation to assist water conservation and conservancy districts with the development of cloud seeding programs to provide benefits to recreation, streams, and reservoirs through snowpack enhancement.
(1) For the 2026-27 state fiscal year,$500,000isappropriatedtothedepartmentofnaturalresourcesforuse by the Colorado water conservation board.
(2) The money appropriated in subsection (1) of this section remains available for the designated purposes until it is fully expended.
This appropriation is from the Colorado water conservation board construction fund created in section 37-60-121, C.R.S.
Show all 101 changed rows (61 more)
Previous
Latest
To implement this section, the Colorado water conservation board mayuse this appropriation to assist water conservation and conservancydistricts with the developmentof cloud seeding programs toprovidebenefitstorecreation,streams,andreservoirsthroughsnowpack enhancement.
(2) Themoneyappropriatedinsubsection(1)ofthissectionremains available for the designated purposes until it is fully expended.
On or before July 1, 2026, the state treasurer shall transfer $6,000,000,orsomuchthereofasmaybenecessarytorestorethebalance of the litigation fund to $6,000,000, from the unreserved cash in the Colorado water conservation board construction fund created in section 37-60-121, C.R.S., to the litigation fund created in section 37-60-121 (2.5),C.R.S.,toassistin addressinglegalissuesassociatedwithcompact compliance or any other litigation activities as specified under section 37-60-121, C.R.S.
On or before July 1, 2026, the state treasurer shall transfer $6,000,000, or so much thereof as may be necessary to restore the balance of the litigation fund to $6,000,000, from the unreserved cash in the Colorado water conservation board construction fund created in section 37-60-121,C.R.S.,tothelitigationfundcreatedinsection37-60-121(2.5), PAGE 2-HOUSE BILL 26-1338 C.R.S., to assist in addressing legal issues associated with compact compliance or any other litigation activities as specified under section 37-60-121, C.R.S.
(1) For the 2026-27 state fiscal year, $200,000 is appropriated to the department of natural resources for use by the Colorado water conservation board.
(1) For the 2026-27 state fiscal year, $200,000 is appropriatedtothedepartmentofnaturalresourcesforusebytheColorado water conservation board.
To implement this section, the Colorado water conservation board may use this appropriation to support the Colorado -4- 1338 Mesonet, including for thefollowingactivities:
Toimplementthissection,theColorado water conservation boardmayuse this appropriation to support the Colorado Mesonet, including for the following activities:
(2) The money appropriated in subsection (1) of this section remains available for the designated purposes until it is fully expended.
(2) Themoneyappropriatedinsubsection(1)ofthissectionremains available for the designated purposes until it is fully expended.
SECTION 6.
SECTION6.
Continuation of the water forecasting partnership project - appropriation.
Continuationofthewaterforecastingpartnership project - appropriation.
(1) For the 2026-27 state fiscal year, $2,500,000 is appropriated to the department of natural resources for use by the Colorado water conservation board.
(1) For the 2026-27 state fiscal year, $2,500,000 is appropriated to the department of natural resources for use by the Coloradowaterconservationboard.ThisappropriationisfromtheColorado water conservation board construction fund created in section 37-60-121, C.R.S.
This appropriation is fromtheColoradowaterconservationboardconstructionfundcreatedin section37-60-121,C.R.S.Toimplementthissection,theColoradowater conservationboardmayusethisappropriationtosupportthedevelopment of new ground and aerial remote sensing data, to develop hydrologic modeling practices, to provide reliable volumetric water supply forecasting, and to provide better characterization of snowpack.
To implement this section, the Colorado water conservation board may use this appropriation to support the development of new ground and aerial remote sensing data, to develop hydrologic modeling practices, to provide reliable volumetric water supplyforecasting, and to provide better characterization of snowpack.
(2) The money appropriated in subsection (1) of this section remains available for the designated purposes until it is fully expended.
(2) Themoneyappropriatedinsubsection(1)ofthissectionremains available for the designated purposes until it is fully expended.
SECTION 7.
SECTION7.
Continuation of Colorado decision support system operation and maintenance - appropriation.
ContinuationofColoradodecisionsupportsystem operation and maintenance - appropriation.
(1) For the 2026-27 state fiscal year, $750,000 is appropriated to the department of natural resources for use bytheColoradowaterconservationboard.This appropriationisfromtheColoradowaterconservationboardconstruction fund created in section 37-60-121, C.R.S.
(1) For the 2026-27 state fiscalyear,$750,000isappropriated to thedepartmentof naturalresources for use by the Colorado water conservation board.
To implement this section, the Colorado water conservation board may use this appropriation for continued operation and maintenance of the Colorado decision support system to aid in water resources planning and management.
This appropriation is from the Colorado water conservation board construction fund created in section 37-60-121, C.R.S.
(2) The money appropriated in subsection (1) of this section -5- 1338 remains available for the designated purposes until it is fully expended.
To implement this section, the Colorado water conservation board mayuse this appropriation for continued operation and maintenance of the Colorado decision support system to aid in water PAGE 3-HOUSE BILL 26-1338 resources planning and management.
(2) Themoneyappropriatedinsubsection(1)ofthissectionremains available for the designated purposes until it is fully expended.
On July 1, 2026, the state treasurer shall transfer $2,000,000 from the Colorado water conservation board construction fund created in section 37-60-121, C.R.S., to the fish and wildlife resources fund created in section 37-60-121 (6), C.R.S., to continue grant-making to assist with the mitigation of fish and wildlife resources affected by the construction, operation, or maintenance of water diversion, delivery, or storage facilities.
On July 1, 2026, the state treasurer shall transfer $2,000,000 from the Colorado water conservation board construction fund createdinsection37-60-121,C.R.S.,tothefishandwildliferesourcesfund createdinsection37-60-121(6),C.R.S.,tocontinuegrant-makingtoassist with the mitigation of fish and wildlife resources affected by the construction, operation, or maintenance of water diversion, delivery, or storage facilities.
(1) For the 2026-27 state fiscal year, $1,350,000 is appropriated to the department of natural resources for use by the Colorado water conservation board.
(1) For the 2026-27 state fiscal year, $1,350,000 is appropriatedtothedepartmentofnaturalresourcesforusebytheColorado water conservation board.
To implement this section, the Colorado water conservation board may use this appropriation to support water plan agency actions, including promoting "One Water" strategies, expanding water reuse, developing a measurable and robust statewide water messaging campaign, and initiating a water innovation challenge.
To implement thissection,theColoradowaterconservationboardmayuse this appropriation to support water plan agency actions, including promoting "One Water" strategies, expanding water reuse, developing a measurableandrobuststatewidewatermessagingcampaign,andinitiating a water innovation challenge.
(2) The money appropriated in subsection (1) of this section remains available for the designated purposes until it is fully expended.
(2) Themoneyappropriatedinsubsection(1)ofthissectionremains available for the designated purposes until it is fully expended.
This appropriation is fromtheColoradowaterconservationboardconstructionfundcreatedin section37-60-121,C.R.S.Toimplementthissection,theColoradowater -6- 1338 conservation board may use this appropriation to support planning, engineering,andimplementationmeasurestoaddresstechnicalneedsfor watershed restoration and flood mitigation projects throughout the state to provide aquatic habitat protection;
This appropriation is from theColoradowaterconservationboardconstructionfundcreatedinsection 37-60-121, C.R.S.
To implement this section, the Colorado water conservation board may use this appropriation to support planning, engineering, and implementation measures to address technical needs for watershed restoration and flood mitigation projects throughout the state to provide aquatic habitat protection;
(2) The money appropriated in subsection (1) of this section remains available for the designated purposes until it is fully expended.
PAGE 4-HOUSE BILL 26-1338 (2) Themoneyappropriatedinsubsection(1)ofthissectionremains available for the designated purposes until it is fully expended.
(1) For the 2026-27 state fiscal year, $750,000 is appropriated to the department of natural resources for usebytheColoradowaterconservationboard.Thisappropriationisfrom the Colorado water conservation board construction fund created in section37-60-121,C.R.S.Toimplementthissection,theColoradowater conservation board may use this appropriation to support the upper Colorado river commission interstate planning and negotiation efforts, including, but not limited to, the following modeling and data analyses:
(1) For the 2026-27 state fiscal year,$750,000isappropriatedtothedepartmentofnaturalresourcesforuse by the Colorado water conservation board.
Streamgaging and streamflow, runoff forecasting, consumptive use, reservoiroperationsandevaporation,anddroughtcontingencyplanning.
This appropriation is from the Colorado water conservation board construction fund created in section 37-60-121, C.R.S.
(2) The money appropriated in subsection (1) of this section remains available for the designated purposes until it is fully expended.
To implement this section, the Colorado water conservation board may use this appropriation to support the upper Colorado river commission interstate planning and negotiation efforts, including, but not limited to, the following modeling and data analyses:
Streamgaging and streamflow, runoff forecasting, consumptive use, reservoir operations and evaporation, and drought contingency planning.
(2) Themoneyappropriatedinsubsection(1)ofthissectionremains available for the designated purposes until it is fully expended.
Water project loan authorization - Halligan water supply project.
Water project loan authorization - Halligan watersupplyproject.(1) Pursuanttosection37-60-122(1)(b),C.R.S.,the Colorado water conservation board is authorized to make a loan in the amountof$151,500,000fromtheseverancetaxperpetualbasefundcreated in section 39-29-109 (2)(a), C.R.S., to the city of Fort Collins for the Halligan water supply project to help the city of Fort Collins meet its projected municipal and industrial water needs.
(1) Pursuant to section 37-60-122 (1)(b), C.R.S., theColoradowaterconservationboardisauthorizedtomakealoaninthe amount of $151,500,000 from the severance tax perpetual base fund created in section 39-29-109 (2)(a), C.R.S., to the cityof Fort Collins for the Halligan water supplyproject to help the cityof Fort Collins meet its -7- 1338 projected municipal and industrial water needs.
(2) The money authorized in subsection (1) of this section remains available for the designated purposes until it is fully expended.
(2) Themoneyauthorizedinsubsection(1)ofthissectionremains available for the designated purposes until it is fully expended.
(3) The Colorado water conservation board maymake loans for the projectspecifiedinsubsection(1)ofthissectionfrommoneythatisormay becomeavailabletotheseverancetaxperpetualbasefund.Thetotalamount oftheloanswillbeintheamountlistedinsubsection(1)ofthissectionplus orminustheamount,if any,asmaybejustifiedbyreasonof fluctuations in construction costs or as may be justified by reason of changes in the plans for the project due to differing or unforeseen site conditions, errors or omissions in the plans and specifications, changes instituted by regulatory agencies, or changes in material quantities beyond contract limits.
(3) The Colorado water conservation board may make loans for the project specified in subsection (1) of this section from money that is or may become available to the severance tax perpetual base fund.
The total amount of the loans will be in the amount listed in subsection (1) of this section plus or minus the amount, if any, as may be justified by reason of fluctuations in construction costs or as may be justified by reason of changes in the plans for the project due to differing or unforeseen site conditions, errors or omissions in the plans and specifications, changes instituted by regulatory agencies, or changes in material quantities beyond contract limits.
Water project loan authorization - Jurgens reservoir construction project.
Water project loan authorization - Jurgens PAGE 5-HOUSE BILL 26-1338 reservoir construction project.
(1) Pursuant to section 37-60-122 (1)(b), C.R.S., the Colorado water conservation board is authorized to make a loan in the amount of $20,166,670 from the severance tax perpetual base fund created in section 39-29-109 (2)(a), C.R.S., to the LowerLathamReservoirCompanytoincreasethestoragecapacityofthe Jurgens reservoir to provide irrigation water to agricultural land in Weld county.
(1) Pursuant to section 37-60-122 (1)(b), C.R.S.,theColoradowaterconservationboardisauthorizedtomakealoan in the amount of $20,166,670 from the severance tax perpetual base fund createdinsection39-29-109(2)(a),C.R.S.,totheLowerLathamReservoir CompanytoincreasethestoragecapacityoftheJurgensreservoirtoprovide irrigation water to agricultural land in Weld county.
(2) Themoneyauthorizedinsubsection(1)ofthissectionremains available for the designated purposes until it is fully expended.
(2) The money authorized in subsection (1) of this section remains available for the designated purposes until it is fully expended.
(3) The Colorado water conservation board may make loans for the project specified in subsection (1) of this section from money that is or may become available to the severance tax perpetual base fund.
(3) The Colorado water conservation board maymake loans for the projectspecifiedinsubsection(1)ofthissectionfrommoneythatisormay becomeavailabletotheseverancetaxperpetualbasefund.Thetotalamount oftheloanswillbeintheamountlistedinsubsection(1)ofthissectionplus orminustheamount,if any,asmaybejustifiedbyreason of fluctuationsin construction costs or as may be justified by reason of changes in the plans for the project due to differing or unforeseen site conditions, errors or omissions in the plans and specifications, changes instituted by regulatory agencies, or changes in material quantities beyond contract limits.
The total amount of the loans will be in the amount listed in subsection (1) of -8- 1338 this section plus or minus the amount, if any, as may be justified by reason of fluctuations in construction costs or as may be justified by reason of changes in the plans for the project due to differing or unforeseen site conditions, errors or omissions in the plans and specifications, changes instituted by regulatory agencies, or changes in material quantities beyond contract limits.
Grant-making for projects that assist in implementing the state water plan - appropriation.
Grant-making for projects that assist in implementingthestatewaterplan- appropriation.
To implement this subsection (1), the Colorado water conservation board may use this appropriation for grant-making for projects that assist in the implementation of the state water plan pursuant to section 37-60-106.3 (6), C.R.S., through the Colorado water conservation board's application and guidelines process.
To implement this subsection (1), the Colorado water conservation board may use this appropriation for grant-makingforprojectsthatassistintheimplementationofthestatewater plan pursuant to section 37-60-106.3 (6), C.R.S., through the Colorado water conservation board's application and guidelines process.
(2) The money appropriated in subsection (1) of this section remains available for the designated purposes until it is fully expended.
(2) Themoneyappropriatedinsubsection(1)ofthissectionremains available for the designated purposes until it is fully expended.
Continuation of turf replacement program - appropriation-transfer.(1) Forthe2025-26statefiscalyear,$550,000 is appropriated to the department of natural resources for use by the Colorado water conservation board.
Continuation of turf replacement program - appropriation - transfer.
(1) For the 2025-26 state fiscal year, $550,000 is appropriated to the department of natural resources for use by the Colorado water conservation board.
To implement this subsection (1), the Colorado water conservation board may use this appropriation for the state's turf replacement program in accordance with section 37-60-135, C.R.S.
To implement this subsection (1), the Colorado water conservation board may PAGE 6-HOUSE BILL 26-1338 usethisappropriationforthestate'sturfreplacementprograminaccordance with section 37-60-135, C.R.S.
-9- 1338 (2) The money appropriated in subsection (1) of this section that is not expended prior to July 1, 2026, remains available to the Colorado waterconservationboardforthedesignatedpurposesuntilJune30,2028, for the designated purposes.
(2) The money appropriated in subsection (1) of this section that is notexpendedpriortoJuly1,2026,remainsavailabletotheColoradowater conservation board for the designated purposes until June 30, 2028, for the designated purposes.
In Session Laws of Colorado2025, section 5 of chapter 193, (SB 25-040), amend (1) introductory portion as follows:
In Session Laws of Colorado 2025, section 5 of chapter 193, (SB 25-040), amend (1) introductory portion as follows:
(1) For the 2025-26 state fiscal year, $198,592 is appropriated to the department of natural resources for use by the C WATER CONSERVATION BOARD IN COORDINATION WITH THE executive director's office.
(1) Forthe2025-26statefiscalyear,$198,592isappropriatedtothe department of natural resources for use by the C OLORADO WATER CONSERVATION BOARD IN COORDINATION WITH THE executive director's office.Thisappropriationisfromtheseverancetaxoperational PERPETUAL BASE fund created in section 39-29-109 (2)(b)(I) (2)(a)(I.5), C.R.S.
This appropriation is from the severance tax operational PERPETUAL BASE fund created in section 39-29-109 (2)(b)(I) (2)(a)(I.5), C.R.S.
To implement this act, the office OLORADO WATER CONSERVATION BOARD may use this appropriation as follows:
To implement this act, the office COLORADO WATER CONSERVATION BOARD may use this appropriation as follows:
SECTION 17.
SECTION17.
In Colorado Revised Statutes, 37-60-122, amend (1)(b) as follows:
In Colorado RevisedStatutes,37-60-122,amend (1)(b) as follows:
(1) MoneyintheColoradowaterconservationboardconstruction fund shall be expended in the following manner and under the following circumstances:
(1) Money in the Colorado water conservation board construction fund shall be expended in the following manner and under the following circumstances:
(b) Thegeneralassemblymayauthorizeprojectsasitdeemstobe totheadvantageofthepeopleofthestateofColoradoandshalldirectthe board to proceed with the projects in the priorities established by the -10- 1338 general assembly under terms approved by the general assembly.
(b) The general assembly may authorize projects as it deems to be to the advantage of the people of the state of Colorado and shall direct the boardtoproceedwiththeprojectsintheprioritiesestablishedbythegeneral assembly under terms approved by the general assembly.
The board is authorized to make loans without general assembly approval in amounts not to exceed tenHIRTY million dollars.
The board is authorizedtomakeloanswithoutgeneralassemblyapprovalinamountsnot toexceedten THIRTY milliondollars.Theunappropriatedbalanceofmoney PAGE 7-HOUSE BILL 26-1338 in the Colorado water conservation board construction fund and the state severance tax perpetual base fund shall be available and continuously appropriatedforthispurpose.Notwithstandingsection24-1-136(11)(a)(I), the board shall submit a written determination of the basis for the project loans to the general assembly by January 15 of the year following the year in which the loan was made.
The unappropriated balanceof moneyintheColoradowaterconservationboardconstruction fund and the state severance tax perpetual base fund shall be available and continuouslyappropriated for this purpose.
Notwithstanding section 24-1-136(11)(a)(I),theboardshallsubmitawrittendeterminationof the basis for the project loans to the general assembly by January 15 of the year following the year in which the loan was made.
The general assembly finds, determines, and declares that this act is necessary for the immediate preservationofthepublicpeace,health,orsafetyorforappropriationsfor the support and maintenance of the departments of the state and state institutions.
The general assembly finds, determines, and declares that this act is necessary for the immediate preservation of the public peace, health, or safety or for appropriations for PAGE 8-HOUSE BILL 26-1338 the support and maintenance of the departments of the state and state institutions.
-11- 1338
____________________________ ____________________________ Julie McCluskie James Rashad Coleman, Sr.
SPEAKER OF THE HOUSE PRESIDENT OF OF REPRESENTATIVES THE SENATE ____________________________ ____________________________ Vanessa Reilly Esther van Mourik CHIEF CLERK OF THE HOUSE SECRETARY OF OF REPRESENTATIVES THE SENATE APPROVED________________________________________ (Date and Time) _________________________________________ Jared S.
Polis GOVERNOR OF THE STATE OF COLORADO PAGE 9-HOUSE BILL 26-1338
⬇ Download PDF