Colorado § 24-46.5-101 - Legislative declaration.
Full text of Colorado Colorado Revised Statutes § 24-46.5-101 — Legislative declaration., with citation guidance and answers to common questions.
§ 24-46.5-101. Legislative declaration.
(1) The general assembly hereby finds and declares:
(a) That the health, safety, and welfare of the people of this state are dependent upon the continued encouragement, development, and expansion of opportunities for employment in the private sector in this state;
(b) That the economic history of this state has been characterized by a "boom and bust" cycle resulting in severe social and economic dislocation and dramatic fluctuation in economic activity and public revenues;
(c) That diversification of the state's economic base will contribute to much-needed economic stability;
(d) That it is vital to the continued development of economic opportunity in this state, including the development of new businesses and the expansion of existing businesses, that this state provide additional incentives to entities making a commitment to build and operate new business facilities which will result in substantial and long-term expansion of new employment within this state; and
(e) That the public purpose to be served by the passage of this article outweighs all other individual interests.
Source: L. 91, 1st Ex. Sess.: Entire article added, p. 9, § 1, effective July 5.
Frequently Asked Questions About Colorado § 24-46.5-101
What does Colorado Revised Statutes § 24-46.5-101 cover?
Section 24-46.5-101 ("Legislative declaration.") 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 § 24-46.5-101?
A common citation format is "Colorado Revised Statutes § 24-46.5-101" (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 § 24-46.5-101 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.