Colorado § 37-60-123.2 - Flood and drought response fund - created.
Full text of Colorado Colorado Revised Statutes § 37-60-123.2 — Flood and drought response fund - created., with citation guidance and answers to common questions.
§ 37-60-123.2. Flood and drought response fund - created.
(1) There is hereby created in the state treasury the flood and drought response fund, referred to in this section as the "response fund". On July 1, 2019, and on each July 1 thereafter, in addition to any remaining balance in the response fund at the end of the fiscal year, the state treasurer is hereby authorized and directed to annually transfer up to five hundred thousand dollars from the Colorado water conservation board construction fund to the response fund to restore the unencumbered balance in the response fund to five hundred thousand dollars. The board is authorized to provide funding for flood and drought preparedness and for response and recovery activities following flood or drought events and disasters. The money in the response fund is hereby continuously appropriated to the board for flood and drought response purposes, including the immediate availability of funds for aerial photography of flooded areas, flood and drought documentation and identification of specific hazards, evaluations and revisions of floodplain designations and drought-prone areas, flood and drought forecasting and preparation, and development of disaster and recovery mitigation plans. The state treasurer shall credit all interest derived from the investment of money in the response fund to the Colorado water conservation board construction fund. Any balance remaining in the response fund at the end of any fiscal year remains in the fund.
(2) Repealed.
Source: L. 2001: Entire section added, p. 689, § 24, effective May 30. L. 2007: Entire section amended, p. 1519, § 24, effective May 31. L. 2012, 1st Ex. Sess.: Entire section amended, (SB 12S-002), ch. 1, p. 2416, § 6, effective May 19. L. 2014: Entire section amended, (SB 14-179), ch. 227, p. 845, § 1, effective May 17; entire section amended, (HB 14-1333), ch. 356, p. 1661, § 18, effective June 6. L. 2015: (2)(e) amended, (SB 15-253), ch. 192, p. 638, § 15, effective May 14. L. 2019: (1) amended, (SB 19-221), ch. 221, p. 3668, § 14, effective June 3.
Editor's note: (1) Amendments to this section by HB 14-1333 and SB 14-179 were harmonized.
(2) Subsection (2)(e) provided for the repeal of subsection (2), effective July 1, 2017. (See L. 2015, p. 638.)
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 37-60-123.2
What does Colorado Revised Statutes § 37-60-123.2 cover?
Section 37-60-123.2 ("Flood and drought response fund - created.") 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 § 37-60-123.2?
A common citation format is "Colorado Revised Statutes § 37-60-123.2" (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 § 37-60-123.2 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
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