NOTE:  This bill has been prepared for the signature of the appropriate legislative
officers and the Governor.  To determine whether the Governor has signed the bill
or taken other action on it, please consult the legislative status sheet, the legislative
      history, or the Session Laws.
      
      
      SENATE BILL 09-067
      
      
      BY SENATOR(S) Heath, Boyd, Foster, Gibbs, Groff, Hodge, Isgar,
      Newell, Sandoval, Schwartz, Tapia, Veiga, Williams;
      also REPRESENTATIVE(S) Marostica and Gagliardi, Rice, Fischer,
      Frangas, Kagan, Kefalas, Labuda, Priola, Ryden, Schafer S., Todd,
      Carroll T.
      
      
      Concerning the authority for the operation of the Colorado
           credit reserve program, and, in connection therewith,
           making an appropriation.
       
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  24-46-104 (1), Colorado Revised Statutes, is amended
      BY THE ADDITION OF A NEW PARAGRAPH to read:
      
           24-46-104.  Powers and duties of commission.  (1)  The
      commission has the following powers and duties:
      
           (n)  To contract with the Colorado housing and finance
      authority, created in part 7 of article 4 of title 29, C.R.S., for the
      operation of a Colorado credit reserve program for the purpose
      of increasing the availability of credit to small businesses in
      Colorado.
      
           SECTION 2.  Appropriation.  In addition to any other
      appropriation, there is hereby appropriated, out of any moneys in the
      general fund not otherwise appropriated, to the office of the governor, for
      allocation to economic development programs, Colorado economic
      development commission, for the fiscal year beginning July 1, 2009, the
      sum of two million five hundred thousand dollars ($ 2,500,000), or so much
      thereof as may be necessary, for the implementation of this act.
      
           SECTION 3.  Safety clause.  The general assembly hereby finds,
      determines, and declares that this act is necessary for the immediate
      preservation of the public peace, health, and safety.
      
      
      
      
      ____________________________  ____________________________
      Peter C. Groff                    Terrance D. Carroll
      PRESIDENT OF                     SPEAKER OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
      
      
      ____________________________  ____________________________
      Karen Goldman                          Marilyn Eddins
      SECRETARY OF                 CHIEF CLERK OF THE HOUSE
      THE SENATE                         OF REPRESENTATIVES
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    Bill Ritter, Jr.
                                    GOVERNOR OF THE STATE OF COLORADO