Colorado § 37-60-122.7 Feasibility study small grant fund - creation

Colorado Statutes

§ 37-60-122.7 — Feasibility study small grant fund - creation

Colorado § 37-60-122.7

Title 37Water and

Art.Colorado Water Conservation Board

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Bluebook

Colo. Rev. Stat. § 37-60-122.7 (2026).

Text

(1)to (4) Repealed.

(5)(a) There is hereby created in the state treasury the feasibility study small grant fund for the purpose of making small grants to help pay the costs of preparing water project feasibility studies. The Colorado water conservation board shall approve small feasibility study grants based solely on criteria adopted by the board.

(b)On July 1, 2019, and on each July 1 thereafter, in addition to any remaining balance in the fund at the end of the fiscal year, the state treasurer is hereby authorized and directed to annually transfer up to five hundred thousand dollars from the Colorado water conservation board construction fund to the feasibility study small grant fund to restore the unencumbered balance in the feasibility study small grant fund to five hund

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(1) to (4) Repealed.

(5) (a) There is hereby created in the state treasury the feasibility study
small grant fund for the purpose of making small grants to help pay the costs of
preparing water project feasibility studies. The Colorado water conservation board
shall approve small feasibility study grants based solely on criteria adopted by the
board.

(b) On July 1, 2019, and on each July 1 thereafter, in addition to any remaining
balance in the fund at the end of the fiscal year, the state treasurer is hereby
authorized and directed to annually transfer up to five hundred thousand dollars
from the Colorado water conservation board construction fund to the feasibility
study small grant fund to restore the unencumbered balance in the feasibility study
small grant fund to five hundred thousand dollars. The money in the feasibility
study small grant fund is hereby continuously appropriated to the board for grants
in compliance with this subsection (5). All interest derived from the investment of
money in the feasibility study small grant fund shall be credited to the Colorado
water conservation board construction fund. Any balance remaining in the
feasibility study small grant fund at the end of any fiscal year shall remain in the
fund and shall not revert to the Colorado water conservation board construction
fund.

Legislative History

Source: L. 95: Entire section added, p. 384, � 12, effective May 4. L. 99: (4) amended and (5) added, p. 845, � 13, effective May 24. L. 2001: Entire section amended, p. 694, � 31, effective May 30. L. 2002: (1) to (4) repealed, p. 453, � 18, effective May 23. L. 2019: (5)(b) amended, (SB 19-221), ch. 417, p. 3668, � 13, effective June 3.