BOARD01726

• Board Meeting Date: 3/22/2005
• Description: Current State Legislative Issues
• Board Meetings - Doc Type: Memo

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UP TO FIVE HUNDRED THOUSAND DOLLARS ANNUALLY FOR THE PURPOSE
OF PROVIDING GRANTS TO COVERED ENTITIES AND AGENCIES IN
ACCORDANCE WITH THIS SUBSECTION (12). HOWEVER, IF LESS THAN FIVE
HUNDRED THOUSAND DOLLARS IS APPROPRIATED OR EXPENDED IN THE
200S-06oR 2006-07 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 IN THE NEXT FISCAL
YEAR IN ADDmON TO THE FIVE HUNDRED THOUSAND DOLLARS AVAILABLE
FOR APPROPRIATION IN THAT FISCAL YEAR. ANy MONEYS REMAINING IN
THE FUND ON JUNE 30, 2008, SHALL BE TRANSFERRED TO THE RESERVE IN
THE OPERATIONAL ACCOUNT OF THE SEVERANCE TAX TRUST FUND
DESCRIBED IN SECTION 39-29-109 (1) (c) (ill) (A), C.R.S.
(b) ANy COVERED ENTITY THAT HAS ADOPTED A WATER
CONSERVATION PLAN AND THAT SUPPLIES, DISTRIBUTES, OR OTHERWISE
PROVIDES WATER AT RETAIL TO CUSTOMERS MAY APPLY FOR A GRANT TO
AID IN THE IMPLEMENTATION OF THE WATER EFFICIENCY GOALS OF THE
PLAN. ANy AGENCY MAY APPLY FOR A GRANT TO FUND OUTREACH OR
EDUCATION PROGRAMS AIMED AT DEMONSTRATING THE BENEFITS OF
WATER EFFICIENCY. THE OFFICE SHALL REVIEW THE APPLICATIONS AND
MAKE RECOMMENDATIONS TO THE BOARD REGARDINGTIfEAW ARDINGAND
DISTRIBUTION OF GRANTS TO APPLICANTS WHO SATISFY THE CRITERIA
OUTLINED IN THIS SUBSECTION (12) AND THE GUIDELINES DEVELOPED
PURSUANT TO SUBSECTION (7) OF THIS SECTION.
(c) THIS SUBSECTION (12) IS REPEALED, EFFECTIVE JULY 1, 2008.
SECTION 2. 39-29-109 (1) (c) (ill), Colorado Revised Statutes,
is amended to read:

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HB05-l254