Colorado § 11-59.7-102 Legislative declaration

Colorado Statutes

§ 11-59.7-102 — Legislative declaration

Colorado § 11-59.7-102

Title 11Financial

Art.Colorado Recovery and Reinvestment

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Bluebook

Colo. Rev. Stat. § 11-59.7-102 (2026).

Text

(1)The general assembly hereby finds and declares that:

(a)The federal American Recovery and Reinvestment Act of 2009, Pub.L. 111-5, was enacted by the United States congress in response to a national economic crisis in order to stimulate spending, increase employment, and reduce unemployment in the United States as rapidly as possible, including spending and employment by states and local governments and those who provide goods and services to states and local governments;

(b)The purpose of this article is to stimulate spending, increase employment, and reduce unemployment in Colorado as rapidly as possible by authorizing Colorado public entities to take full advantage of financing opportunities available under the federal recovery and reinvestment act; and

(c)This article

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(1) The general assembly hereby finds
and declares that:

(a) The federal American Recovery and Reinvestment Act of 2009, Pub.L.
111-5, was enacted by the United States congress in response to a national
economic crisis in order to stimulate spending, increase employment, and reduce
unemployment in the United States as rapidly as possible, including spending and
employment by states and local governments and those who provide goods and
services to states and local governments;

(b) The purpose of this article is to stimulate spending, increase
employment, and reduce unemployment in Colorado as rapidly as possible by
authorizing Colorado public entities to take full advantage of financing
opportunities available under the federal recovery and reinvestment act; and

(c) This article shall be interpreted in a manner that stimulates the maximum
amount of spending, increases the maximum amount of employment, and reduces
the maximum amount of unemployment in Colorado as rapidly as possible through
the actions of Colorado public entities in taking full advantage of financing
opportunities under the federal recovery and reinvestment act.