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Adopted by the IBCC Members on June 30, 2006 ST T C W 21 C HE OLORADO ATER FOR THE ENTURY I C C NTERBASIN OMPACT OMMITTEE B - L Y AWS Article I Name and Purpose 1.1 The name of the committee is the Interbasin Compact Committee (IBCC) , a statewide com mittee st established by the Colorado legislature in the Colorado Water for the 21 Century Act, 2005 (the Act) . 1.2 The purpose of the committee is to facilitate the process of negotiations between basin roundtables as set forth in the Act and subject to princ iples established in section 37 - 75 - 102 of the Colorado Revised Statutes . Article II Roles and Reporting of the Committee 2.1 Roles of the Committee. The Committee will perform the roles outlined in Article IV of the IBCC Charter . 2.2 Annual Reporting to the Legislature. Commencing in 2006, the IBCC shall submit an annual report to the House of R epresentatives C ommittee on A griculture, L ivestock, and N atural R esources and the st S enate C ommittee on A griculture, N atural R esources and E nergy by October 31 concer ning the status of compact negotiations and other activities as deemed appropriate by the IBCC. Article III Definitions st 3.1 Act. The Colorado Water for the 21 Century Act passed during the 2005 Legislative Session “Concerning the Negotiation of Inter - bas in Compacts Regarding the Equitable Division of the State’s Waters.” Also know n as House Bill 05 - 1177, now codified as Sections 37 - 75 - 101, et seq. , Colorado Revised Statutes (2005). 3.2 Adaptive Management. Future management actions can be adjusted based on feedback from implementation of current management actions. 3.3 Basin Roun d table(s). One or more of the nine permanent bodies established by the Colorado Water for st the 21 Century Act: South Platte Basin Roundtable; Arkansas Basin Roundtable; Rio Grande Ba sin IBCC adopted bylaws June 30.doc Page 1 of 7