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.
      
      
      HOUSE BILL 09-1017
      
      
      BY REPRESENTATIVE(S) Pace, Fischer, Vigil;
      also SENATOR(S) Hodge, Gibbs, Isgar, Penry, Schwartz.
      
      
      Concerning the water efficiency grant program cash fund, and, in
           connection therewith, giving the Colorado water
           conservation board continuous authority to spend moneys
           transferred to the water efficiency grant program cash
           fund from the operational account of the severance tax
           trust fund.
       
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  37-60-126 (12) (a), Colorado Revised Statutes, is
      amended to read:
      
           37-60-126.  Water conservation and drought mitigation planning
      - programs - relationship to state assistance for water facilities -
      guidelines - water efficiency grant program - repeal.  (12) (a) (I)  There
      is hereby created the water efficiency grant program for purposes of
      providing state funding to aid in the planning and implementation of water
      conservation plans developed in accordance with the requirements of this
      section and to promote the benefits of water efficiency.  The board is
      authorized to distribute grants to covered entities, other state or local
      governmental entities, and agencies in accordance with its guidelines from
      the moneys transferred to and appropriated from the water efficiency grant
      program cash fund, which is hereby created in the state treasury.
      
           (II)  Moneys in the water efficiency grant program cash fund
      are hereby continuously appropriated to the board for the
      purposes of this subsection (12) and shall be available for use
      until the programs and projects financed using the grants have
      been completed.
      
           (III)  For the 2005-06 through 2010-11 fiscal years, the general
      assembly shall appropriate from the fund to the board up to five hundred
      thousand dollars annually for the purpose of providing grants to covered
      entities, other state and local governmental entities, and agencies in
      accordance with this subsection (12).  Commencing July 1, 2008, the
      general assembly shall also appropriate from the fund to the board fifty
      thousand dollars each fiscal year through 2011-12 to cover the costs
      associated with the administration of the grant program and the
      requirements of section 37-60-124.  However, if less than five hundred
      thousand dollars is appropriated or expended in any such fiscal year, an
      amount equal to the difference between five hundred thousand dollars and
      the amount actually appropriated or expended in that fiscal year shall be
      available for appropriation and expenditure to the grant program in the next
      fiscal year in addition to the five hundred thousand dollars available for
      appropriation in that fiscal year  Moneys appropriated pursuant to this
      subparagraph (III) shall remain available until expended or until
      June 30, 2012, whichever occurs first.
      
           (IV)  Any moneys remaining in the fund on June 30, 2012, shall be
      transferred to the reserve in the operational account of the severance tax
      trust fund described in section 39-29-109.3 (3) 39-29-109 (2) (b), C.R.S.
      
           SECTION 2.  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.
      
      
      
      
      ________________________________________________________
      Terrance D. Carroll                Brandon C. Shaffer
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ____________________________  ____________________________
      Marilyn Eddins                          Karen Goldman
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    Bill Ritter, Jr.
                                    GOVERNOR OF THE STATE OF COLORADO