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<br />'. <br />-< , <br /> <br />1 <br /> <br />IN ACCORDANCE WITH ITS GUIDELINES from the moneys transferred to and <br /> <br />. <br /> <br />2 appropriated from the water efficiency grant program cash fund, which <br />3 is hereby created in the state treasury. For the 2005-06 2006-07, and <br />4 2007-08 THROUGH 2010-11 fiscal years, the general assembly shall <br />5 appropriate from the fund to the board up to five hundred thousand <br />6 dollars annually for the purpose of providing grants to covered entities <br />7 and agencies in accordance with this subsection (12). COMMENCING JULY <br />8 1, 2007, the general assembly shall also appropriate to the board an <br />9 atnonnt necessary FIFTY THOUSAND DOLLARS EACH FISCAL YEAR THROUGH <br />10 2011-12 to cover the costs associated with the administration of the grant <br />11 program but such appropriations shall not exceed an aggregate amount of <br />12 eight} thousand dollats for the three fiscal years of the grant program AND <br />13 THE REQUIREMENTS OF SECTION 37-60-124. However, if less than five <br /> <br />14 <br /> <br />hundred thousand dollars is appropriated or expended in the 2005-06 or <br /> <br />. <br /> <br />15 2006-07 ANY SUCH fiscal year, an amount equal to the difference between <br />16 five hundred thousand dollars and the amount actually appropriated or <br />17 expended in that fiscal year shall be available for appropriation and <br />18 expenditure TO THE GRANT PROGRAM in the next fiscal year in addition to <br />19 the five hundred thousand dollars available for appropriation in that fiscal <br />20 year. Any moneys remaining in the fund on June 30, zoos. 2012, shall be <br />21 transferred to the reserve in the operational account of the severance tax <br /> <br />22 trust fund described in section 39-29-109 (1) (c) (III) (A), c.R.S. <br />23 (b) Any covered entity OR STATE OR LOCAL GOVERNMENTAL <br />24 ENTITY that has adopted a water conservation plan and that supplies, <br />25 distributes, or otherwise provides water at retail to customers may apply <br />26 for a grant to aid in the implementation of the water efficiency goals of <br /> <br />27 <br /> <br />the plan. Any agency may apply for a grant to fund outreach or education <br /> <br />. <br /> <br />-4- <br /> <br />SB07 -008 <br />