Colorado § 24-33.5-706.5 - Hazard mitigation fund - established - financing - legislative intent.
Full text of Colorado Colorado Revised Statutes § 24-33.5-706.5 — Hazard mitigation fund - established - financing - legislative intent., with citation guidance and answers to common questions.
§ 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.
Source: L. 2021: Entire section added, (SB 21-258), ch. 238, p. 1250, § 4, effective June 15.
Cross references: For the legislative declaration in SB 21-258, see section 1 of chapter 238, Session Laws of Colorado 2021.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 24-33.5-706.5
What does Colorado Revised Statutes § 24-33.5-706.5 cover?
Section 24-33.5-706.5 ("Hazard mitigation fund - established - financing - legislative intent.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 24-33.5-706.5?
A common citation format is "Colorado Revised Statutes § 24-33.5-706.5" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 24-33.5-706.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.