Colo. Rev. Stat. § 24-38.5-102.6

Current through 11/5/2024 election
Section 24-38.5-102.6 - Climate change mitigation and adaptation fund - creation - use
(1) The climate change mitigation and adaptation fund, referred to in this section as the "fund", is hereby created in the state treasury. The fund consists of:
(a) Civil penalties credited to the fund pursuant to section 25-7-122(1)(i)(III);
(b) Building performance program fees credited to the fund pursuant to section 24-38.5-112(1)(e), which fees must be separately accounted for in the fund;
(c) Gifts, grants, and donations made to the Colorado energy office to help finance its administration of climate change mitigation or adaptation programs and policies;
(d) Any money that the general assembly may appropriate or transfer to the fund; and
(e) Any other money credited to the fund.
(2) Money in the fund is continuously appropriated to the Colorado energy office for the purpose of financing and administering the building performance program defined in section 24-38.5-112(3)(b) and described in that section and section 25-7-142.
(3) The state treasurer shall credit all interest and income derived from the deposit and investment of money in the fund to the fund.

C.R.S. § 24-38.5-102.6

Added by 2021 Ch. 326,§3, eff. 9/7/2021.

Section 6(2) of chapter 326 (HB 21-1286), Session Laws of Colorado 2021, provides that the act adding this section applies to conduct occurring on or after September 7, 2021.