C.R.S. Section 24-36-208
Small business recovery fund

  • repeal

(1)

The small business recovery fund is hereby created in the state treasury. The fund consists of:

(a)

Tax credit sale proceeds received from qualified taxpayers and deposited in the fund pursuant to section 24-36-205;

(b)

Distributions, revenue, or money returned to the state from a loan program established pursuant to section 24-36-205 and deposited in the fund; and

(c)

Any other money that the general assembly may appropriate or transfer to the fund.

(2)

The state treasurer shall credit all interest and income derived from the deposit and investment of money in the small business recovery fund to the fund.

(3)

Money in the fund is continuously appropriated to the department for the purposes specified in this part 2. The department may expend money in the fund to pay for its direct and indirect costs in implementing and administering this part 2.

(4)

Beginning in fiscal year 2027-28, the state treasurer shall credit any unexpended and unencumbered money remaining in the fund at the end of a fiscal year to the general fund.

(5)

The state treasurer shall transfer all unexpended and unencumbered money in the fund at the end of the fiscal year on June 30, 2037, to the general fund.

(6)

This section is repealed, effective July 1, 2037.

Source: Section 24-36-208 — Small business recovery fund - repeal, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-24.­pdf (accessed Oct. 20, 2023).

24‑36‑101
State treasurer head of department
24‑36‑102
Function of department - employees
24‑36‑103
All state moneys to be transmitted to department
24‑36‑104
Moneys to be deposited
24‑36‑105
Accounts to be kept - daily report
24‑36‑106
Record of warrants and checks - order of payment - paid warrants and checks - validation
24‑36‑107
Warrants or checks endorsed when not paid - exception
24‑36‑108
Notice of payment - when interest ceases
24‑36‑109
Time deposits
24‑36‑111
Authority to accept deposits
24‑36‑111.5
Authority to invest in real property owned by a school district
24‑36‑112
Deposits in savings and loan associations
24‑36‑113
Investment of state money - limitations
24‑36‑114
How interest earnings credited - management fee
24‑36‑115
Moneys not immediately creditable - special purpose moneys
24‑36‑116
Moneys paid under protest - disposition
24‑36‑117
Governor may make examination
24‑36‑118
Applications for licenses - authority to suspend licenses - rules
24‑36‑120
Authority to assess transaction fees
24‑36‑121
Authority to manage state public financing - state public financing cash fund - rules - legislative declaration - definitions
24‑36‑121.5
Use of security tokens for state capital financing - feasibility study - authorization of use - legislative declaration - definitions
24‑36‑122
Law enforcement officers and firefighters - work-related death - continuation of medical benefits for dependants - cash fund - created - definitions
24‑36‑123
Rent reporting for credit pilot program - Colorado housing and finance authority - appropriations - repeal
24‑36‑201
Short title
24‑36‑202
Legislative declaration
24‑36‑203
Definitions
24‑36‑204
Small business recovery loan program oversight board - creation - report - repeal
24‑36‑205
Small business recovery loan program - creation - requirements - oversight
24‑36‑206
Small business recovery tax credits - authorization to issue - terms - report
24‑36‑207
Use of small business recovery tax credits - carry over
24‑36‑208
Small business recovery fund - repeal
24‑36‑209
Office of economic development
24‑36‑210
Repeal of part
24‑36‑301
Short title
24‑36‑302
Legislative declaration
24‑36‑303
Definitions
24‑36‑304
Colorado household financial recovery pilot program - created - selection of administrators - grants
24‑36‑305
Report
24‑36‑306
Colorado household financial recovery pilot program fund - created - transfer - gifts, grants, and donations authorized
Green check means up to date. Up to date

Current through Fall 2024

§ 24-36-208’s source at colorado​.gov