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<br />. <br /> <br />. <br /> <br />. <br /> <br />First Regular Session <br />Sixty-third General Assembly <br />STATE OF COLORADO <br /> <br />INTRODUCED <br /> <br />LLS NO. 01-0600.01 Thomas Morris <br /> <br />HOUSEBILL 01-1111 <br /> <br />HOUSE SPONSORSHIP <br /> <br />Madden <br /> <br />SENATE SPONSORSHIP <br /> <br />(None) <br /> <br />, House Committees Senate Committees <br />Agriculture, Livestock, & Natural Resources <br />Finance <br /> <br />A BILL FOR AN ACT <br />101 CONCERNING INCENTIVES TO CONSERVE WATER, AND, IN CONNECTION <br />102 THEREWITH, CREA TING A TAX CREDIT FOR MEASURES TAKEN TO <br />103 CONSERVE AGRICULTURAL WATER AND AUTHORIZING THE <br />104 STATE ENGINEER TO ISSUE CONSERVED WATER CERTIFICATES <br />105 FOR USE IN WATER COURT AND ON TAX RETURNS. <br /> <br />Bill Summary <br /> <br />(Note: This summary applies to this bill as introduced and does <br />not necessarily reflect any amendments that may be subsequently <br />adopted. ) <br /> <br />Authorizes the state engineer to issue conserved water certificates <br />upon proof that a water right holder's existing water use practices are <br />reasonably efficient and that implementation of a water conservation <br />project will result through increased efficiencies in conserved water. <br /> <br />Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment. <br />Capital letters indicate new material to be added to existing statute. <br />Dashes through the words indicate deletions from existing statute. <br />