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Senate Bill 03-045Referred by Water Resources Review Committee (Sen. Entz and Rep. Miller)•Statutory Revisions-Highlights– Provides necessary clarification and updating of statute for consistency with current contractor business practices, license renewal period of 3 years and limited substitution of education for experience.– Provides the Board authority to require contractors to correct wells constructed and pump systems installed, in violation of the statutes and rulesto assure protection of ground water resources and the public health.– Authorizes the Board to impose fines for violations of the applicable statutes and promulgated Rules and increases the amount of fines from $1000 to $5000 for unlicensed contractor activity.– Requires the Board to develop a continuing education program in conjunction with the Colorado Water Well Contractors Association.– Creates a well construction and pump installation inspection program funded through a $40 increase in well permit fees and creates a well inspection cash fund. Specifies the qualifications and duties of the well inspectors.