C.R.S. Section 37-60-123.3
Water plan implementation cash fund

  • created
  • water plan implementation account
  • created
  • legislative declaration
  • reporting
  • repeal

(1)

Intentionally left blank —Ed.

(a)

There is hereby created in the state treasury the water plan implementation cash fund, referred to in this section as the “fund”. The fund consists of sports betting revenues transferred from the sports betting fund in accordance with section 44-30-1509, money transferred from the severance tax operational fund pursuant to section 39-29-109.3 (9), and any other money that the general assembly may appropriate or transfer to the fund. The state treasurer shall credit all interest and income derived from the deposit and investment of money in the fund to the fund.

(b)

Intentionally left blank —Ed.

(I)

The state treasurer shall transfer fifteen million dollars from the general fund to the fund. The board may use up to five percent of the money transferred by this subsection (1)(b)(I) to administer grants made pursuant to subsection (2)(a) of this section. By July 1, 2023, the board shall award pursuant to subsection (2) of this section all of the money transferred by this subsection (1)(b).

(II)

This subsection (1)(b) is repealed, effective September 1, 2025.

(2)

From the fund, the board may approve of:

(a)

Grants pursuant to section 37-60-106.3 (6);

(b)

Expenditures to ensure compliance with interstate water allocation compacts, equitable apportionment decrees, international treaties, and federal laws relating to interstate storage and release, apportionment, and allocation of water, including to support projects and processes that may include compensation to water users for temporary and voluntary reductions in consumptive use that are regionally equitable and avoid disproportionate, negative economic or environmental impacts to any single subbasin or region; and

(c)

Expenditures that may be necessary for the administration of grants and compact expenditures listed in subsections (2)(a) and (2)(b) of this section.

(3)

Intentionally left blank —Ed.

(a)

The general assembly finds and declares that:

(I)

This subsection (3) is intended to respond to the negative economic impacts caused by the COVID-19 pandemic, as defined in section 37-60-134 (9)(b), and the resulting public health emergency by providing grant money to promote projects and actions that advance progress toward accomplishing the critical actions identified in the state water plan;

(II)

Money allocated to the state pursuant to the “American Rescue Plan Act of 2021”, as defined in section 37-60-134 (9)(a), and transferred to the water plan implementation account may be used for the purposes of this subsection (3); and

(III)

The water plan implementation purposes described in this subsection (3) are important government services.

(b)

There is hereby created in the water plan implementation cash fund the water plan implementation account, referred to in this subsection (3) as the “account”. The money in the account is continuously appropriated to the board to use for the purposes set forth in this subsection (3).

(c)

The account consists of all money transferred to the account on August 15, 2024, from the groundwater compact compliance and sustainability fund created in section 37-60-134 (3)(a).

(d)

The board and any person that receives money from the board pursuant to this subsection (3) shall comply with the compliance, reporting, record-keeping, and program evaluation requirement established by the office of state planning and budgeting and the state controller in accordance with section 24-75-226 (5).

(e)

This subsection (3) is repealed, effective September 1, 2027.

Source: Section 37-60-123.3 — Water plan implementation cash fund - created - water plan implementation account - created - legislative declaration - reporting - repeal, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-37.­pdf (accessed Oct. 20, 2023).

37‑60‑101
Definitions 37‑60‑102
Colorado water conservation board - creation 37‑60‑103
Organization 37‑60‑104
Personnel 37‑60‑105
Employment of temporary personnel 37‑60‑106
Duties of the board - legislative declaration 37‑60‑106.3
State water plan - legislative declaration - grant program 37‑60‑107
Meetings - notice 37‑60‑108
Seal - rules and regulations 37‑60‑109
Commissioner 37‑60‑110
Authority of commissioners under prior laws 37‑60‑111
Compensation of members - director - employees 37‑60‑112
Warrants for salaries and expenses 37‑60‑113
Board to cooperate with attorney general 37‑60‑114
Attorney general as legal advisor 37‑60‑115
Water studies - rules - reports - definitions - repeal 37‑60‑116
Reports 37‑60‑117
Reports and publications 37‑60‑118
Assent to water resources planning act 37‑60‑119
Construction of water and power facilities - contracts with and charges against users 37‑60‑120
Control of projects - contractual powers of board 37‑60‑120.1
Chatfield reservoir reallocation project - authority - repeal 37‑60‑120.2
Animas-La Plata project - authority - repeal 37‑60‑121
Colorado water conservation board construction fund - creation - nature of fund - funds for investigations - contributions - use for augmenting the general fund - funds created - rules - repeal 37‑60‑121.1
Reserved rights litigation fund 37‑60‑121.5
Loan guarantee fund - creation 37‑60‑122
General assembly approval 37‑60‑122.2
Fish and wildlife resources - legislative declaration - fund - authorization 37‑60‑122.3
Wild and scenic rivers fund - created 37‑60‑122.5
Emergency dam repair cash fund 37‑60‑122.7
Feasibility study small grant fund - creation 37‑60‑122.8
Publications fund 37‑60‑122.9
Colorado river recovery program loan fund - creation 37‑60‑123.1
Loan foreclosure fund - created 37‑60‑123.2
Flood and drought response fund - created 37‑60‑123.3
Water plan implementation cash fund - created - water plan implementation account - created - legislative declaration - reporting - repeal 37‑60‑123.5
Agricultural emergency drought response 37‑60‑123.7
Acquisitions of water for instream flows 37‑60‑124
Office of water conservation and drought planning - creation - powers and duties 37‑60‑124.4
Stream gauge fund - created 37‑60‑125
Authorizations for expenditures from Colorado water conservation board construction fund for demonstration of benefits of water efficiency 37‑60‑126
Water conservation and drought mitigation planning - programs - relationship to state assistance for water facilities - guidelines - water efficiency grant program - definitions - repeal 37‑60‑126.5
Drought mitigation planning - programs - relationship to state assistance 37‑60‑127
Applicability of provisions requiring funding by political subdivisions of the state 37‑60‑129
Availability of funds 37‑60‑130
Well augmentation loans 37‑60‑133
Minimum criteria and guidelines for agricultural water protection programs 37‑60‑134
Groundwater compact compliance and sustainability fund - creation - conservation district recommendations for expenditures - state engineer approval - legislative declaration - transfer - definitions - reports - notice to revisor of statutes - repeal 37‑60‑135
State turf replacement program - creation - administration - turf replacement fund - creation - legislative declaration - definitions
Green check means up to date. Up to date

Current through Fall 2024

§ 37-60-123.3’s source at colorado​.gov