§ 11-59.7-113 — Executive orders authorized

Colorado § 11-59.7-113

• Jurisdiction: Colorado
• Title 11: Financial
• Art.: Colorado Recovery and Reinvestment

Text

This article was enacted in order
to authorize public entities to take full advantage of financing opportunities
available under the federal recovery and reinvestment act shortly after the
enactment of the act and without detailed guidance from the executive branch of
the federal government or courts regarding the proper interpretation of the act. If,
based on additional information regarding the proper interpretation of the federal
recovery and reinvestment act or amendments to the act, the governor determines
that any provision of this article is not authorized by or is inconsistent with federal
law or regulations or that additional legal authority is needed to authorize public
entities to take full advantage of financing opportunities available under the act,
the governor is expressly authorized to issue one or more executive orders that
stops the operation or implementation of the unauthorized or inconsistent provision
or provides the necessary additional legal authority.

Legislative History

Source: L. 2009: Entire article added, (HB 09-1346), ch. 402, p. 2214, � 1, effective June 2.