C.R.S. Section 25-16-104.7
Natural resource damage recoveries

fund created

(1)

Except as provided in subsection (3) of this section, money recovered through litigation by the state acting as trustee of natural resources pursuant to the federal act or the OPA, and any interest derived therefrom, are credited to the natural resource damage recovery fund, which fund is hereby created. The department may expend the custodial money in the fund without further appropriation for purposes authorized by the federal act or the OPA, including the restoration, replacement, or acquisition of the equivalent of natural resources that have been injured, destroyed, or lost as a result of a release of a hazardous substance or oil. In addition, the department shall use the money in the natural resource damage recovery fund in a manner that is consistent with any judicial order, decree, or judgment governing the use of any particular recovery credited to the fund.

(2)

Repealed.

(3)

To the extent authorized by law, and consistent with a final judicial order or decree in any litigation by the state acting as trustee of natural resources pursuant to the federal act or the OPA, any recovery of natural resource damage assessment or other costs, including litigation costs and fees, shall be credited to the fund from which such costs were originally paid.

(4)

Repealed.

Source: Section 25-16-104.7 — Natural resource damage recoveries - fund created, https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-25.pdf (accessed May 26, 2025).

25–16–101
Legislative declaration 25–16–102
Definitions 25–16–103
Authorization to participate - implementation 25–16–104
Financial participation 25–16–104.5
Solid waste user fee - imposed - rate - legislative declaration - repeal 25–16–104.6
Fund established - administration - revenue sources - use 25–16–104.7
Natural resource damage recoveries - fund created 25–16–104.9
Hazardous substance site response fund - creation - transfer - use - definition - repeal 25–16–301
Short title 25–16–302
Legislative declaration 25–16–303
Voluntary clean-up and redevelopment program - general provisions - fees - access to property during reviews 25–16–304
Voluntary clean-up plan 25–16–305
Remediation alternatives 25–16–306
Approval of voluntary clean-up plan - time limits - contents of notice - conditions under which approval is void - expiration of approval 25–16–307
No action determinations 25–16–308
Environmental assessment - requirements 25–16–309
Coordination with other laws 25–16–310
Enforceability of voluntary clean-up plans and no action determinations

Current through Fall 2025

§ 25-16-104.7. Nat. resource damage recoveries's source at colorado.gov

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Location: https://colorado.public.law/statutes/crs_25-16-104.7

Original Source: Section 25-16-104.7 — Natural resource damage recoveries - fund created, https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-25.pdf (last accessed May 10, 2025).