2024 Colorado Revised Statutes
Title 24 - GOVERNMENT - STATE (§§ 24-1-101 — 24-116-102)
PRINCIPAL DEPARTMENTS (§§ 24-30-101 — 24-36-306)
Article 33.5 - Public Safety (§§ 24-33.5-101 — 24-33.5-2704)
Part 7 - EMERGENCY MANAGEMENT (§§ 24-33.5-701 — 24-33.5-718)
Section 24-33.5-706.5 - Hazard mitigation fund - established - financing - legislative intent

• (1) The hazard mitigation fund is hereby created in the state treasury. The fund consists of money transferred to the fund pursuant to subsection (4) of this section and any other money that the general assembly may appropriate or transfer to the fund.

• (2) The state treasurer shall credit all interest and income derived from the deposit and investment of money in the hazard mitigation fund to the fund.

• (3) Money in the hazard mitigation fund is continuously appropriated to the department to assist local jurisdictions in obtaining the matching funds required for certain federal hazard mitigation grants.

• (4) On June 15, 2021, if possible, or as soon as possible thereafter, the state treasurer shall transfer three million dollars from the wildfire preparedness fund established in section 24-33.5-1227 to the hazard mitigation fund.

Added by 2021 Ch. 238,§4, eff. 6/15/2021.

For the legislative declaration in SB 21-258, see section 1 of chapter 238, Session Laws of Colorado 2021.