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C.R.S. § 25-16-104.9

Hazardous substance site response fund

Known as the Voluntary Clean-up and Redevelopment Act

The act spans §§ 25-16-101 to 25-16-310 (18 sections).

(1) As used in this section, “fund” means the hazardous substance site response fund created in subsection (2) of this section. (2) Intentionally left blank —Ed. (a) The hazardous substance site response fund is created in the state treasury. The fund consists of any money transferred pursuant to section 24-75-220 (4)(a)(III.5). The general assembly may appropriate money in the fund to the department for the purposes specified in section 25-16-104 . (b) Intentionally left blank —Ed. (I) On May 1, 2023, the state treasurer shall transfer one million eight hundred thousand dollars from the fund to the hazardous substance response fund created in section 25-16-104.6">25-16-104.6 (1)(a). (II) This subsection (2)(b) is repealed, effective July 1, 2024. (3) Any moneys in the fund not expended may be invested by the state treasurer as provided by law. All interest and income derived from the investment and deposit of moneys in the fund are credited to the fund. Any unexpended and unencumbered moneys remaining in the fund at the end of a fiscal year remain in the fund and may not be credited or transferred to the general fund or any other fund.

Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.