§ 31-30-1203 — Volunteer service award plan

(1) The governing body of any
emergency service provider may adopt and amend or provide for the administration
and amendment of a volunteer service award plan for bona fide volunteers.

(2) If the governing body of the emergency service provider chooses to adopt
and amend or provide for the administration and amendment of a volunteer service
award plan, the body shall adopt a plan document providing for the administration
of the volunteer service award that is intended to comply with the provisions of
section 457 (e)(11) of the federal Internal Revenue Code of 1986, as amended. The
emergency service provider shall be responsible for ensuring that such plan
document is in compliance with applicable law. Participation by volunteers shall be
subject to the requirements and limitations of said section 457 (e)(11) and the
applicable regulations promulgated under said section 457.

(3) The governing body of the emergency service provider that adopts a
volunteer service award program shall invest public moneys held to pay such
awards as may be allowed pursuant to parts 6 and 7 of article 75 of title 24, C.R.S.

(4) The existence or enactment of any qualified length of service plan to
recognize volunteer service that is in effect prior to March 26, 2007, is hereby
authorized.

(5) Notwithstanding any provision in this part 12 to the contrary, nothing
shall preclude an emergency service provider from adopting any other incentive
programs to assist bona fide volunteers.

Legislative History

Source: L. 2007: Entire part added, p. 194, � 1, effective March 26.