(1) As used in this section, unless the context otherwise requires:
(a) Eligible entity means the following entities that provide services related
to waste tire recycling, beneficial reuse, and management in Colorado:
(I) Municipalities, counties, and cities and counties;
(II) Nonprofit and for-profit businesses involved in waste tire recycling,
beneficial reuse, and management; and
(III) Institutions of higher education and public or private schools.
(b) Grant program means the waste tire management grant program
created in this section.
(2) (a) There is created the waste time management grant program, which
shall be administered by the enterprise.
(b) The enterprise shall, subject to available appropriations and revenues,
award grants from the waste tire management enterprise fund, created in section
30-20-1404, in accordance with this section.
(3) (a) The purpose of the grant program is to:
(I) Promote the development of waste tire recycling, beneficial reuse, and
management strategies in accordance with this part 14;
(II) Develop waste tire recycling, beneficial reuse, and management facilities
and infrastructure; and
(III) Expand waste tire recycling, beneficial reuse, and management services
to fee payers.
(b) The grant program is intended to provide economic and technical
assistance to eligible entities in their efforts related to the recycling, beneficial
reuse, and management of waste tires.
(4) (a) An eligible entity may submit an application to the enterprise for a
grant pursuant to the application policies and procedures established by the board.
(b) At a minimum, an application submitted to the board must include the
following information:
(I) An application narrative that describes how the eligible entity will use the
grant, including how the grant will promote the recycling, beneficial reuse, and
management of waste tires;
(II) An estimate of the cost of the equipment, infrastructure, or project the
eligible entity is intending to fund with the grant and whether the equipment,
infrastructure, or project meets the requirements specified in subsection (5) of this
section;
(III) The amount of in-kind contributions or matching funds, if any, to the
project budget from the applicant or other sources outside of the grant; and
(IV) Whether there is local community support for the grant application.
(5) (a) The board may award grants to eligible entities for the following
purposes:
(I) The purchase of waste tire recycling, beneficial reuse, and management
equipment or infrastructure;
(II) Staffing of waste tire recycling, beneficial reuse, and management
facilities;
(III) Marketing and communications for waste tire recycling, beneficial reuse,
and management services;
(IV) Policy and research development related to waste tire recycling,
beneficial reuse, and management strategies;
(V) Community engagement regarding waste tire recycling, beneficial reuse,
and management; and
(VI) Other projects or uses as determined by the board.
(b) (I) The board may award grants to an eligible entity for the purchase of
equipment or infrastructure, but no more than fifty percent of the cost of any
equipment or infrastructure can be funded through the grant program.
(II) The board may award grants to an eligible entity that fund one hundred
percent of the cost of a project that does not involve the purchase of equipment or
infrastructure.
(c) In awarding grants to eligible entities, the board is subject to the
following conditions:
(I) Up to forty percent of the enterprise's annual grant funding may go to a
single award; and
(II) If the board awards a grant to an eligible entity for the purchase of
infrastructure or equipment, the eligible entity is ineligible to receive a grant for the
following five years.
(6) (a) (I) The board shall establish criteria and policies to determine which
grants to award from the grant applications, which criteria and policies it shall
make available to applicants.
(II) The board shall give priority to projects that advance sustainable design,
production, recoverability, reuse, repair, or recycling of waste tires, with the highest
priority given to projects that would keep waste tire material available for
remanufacturing.
(b) The board shall establish policies for the grant program, which must
include:
(I) An application form and application procedures;
(II) A deadline each year for when grant program applications must be
submitted;
(III) A policy that requires a grant recipient to enter into a grant agreement
with the board that includes a scope of work and deadlines for the achievement of
that work;
(IV) Criteria for measuring progress of the projects that receive funding
through the grant program;
(V) A policy that requires annual reporting by grant recipients on the
progress of the project financed by the grant; and
(VI) A policy regarding a grant recipient's noncompliance with the grant
agreement entered into by the grant recipient and the board, which policy may
include a mechanism for the board to convert the grant recipient's grant to a loan
with interest.
(7) (a) The grant program is funded by the waste tire enterprise fee. The
board may designate up to ten percent of the revenue generated from the
enterprise fee to the grant program in any given year.
(b) The board shall not award any grants to eligible entities through the
grant program after December 31, 2040.
(8) This section is repealed, effective December 31, 2042.