Colorado § 43-4-1506 - Fuels impact reduction grant program.
Full text of Colorado Colorado Revised Statutes § 43-4-1506 — Fuels impact reduction grant program., with citation guidance and answers to common questions.
§ 43-4-1506. Fuels impact reduction grant program.
(1) There is hereby created the fuels impact reduction grant program to provide grants to certain critically impacted communities, governments, and transportation corridors for the improvement of hazardous mitigation corridors and to support local and state government projects related to emergency responses, environmental mitigation, or projects related to the transportation of fuel within the state.
(2) (a) As part of the fuels impact reduction grant program, the enterprise shall annually distribute ten million dollars from the fund to the following political subdivisions for the improvement of hazardous mitigation corridors in the state prioritizing uses related to safety and environmental impacts:
(I) Six million four hundred thousand dollars to Adams county;
(II) Two million dollars to the city of Aurora;
(III) One million three hundred thousand dollars to El Paso county;
(IV) Two hundred forty thousand dollars to Mesa county; and
(V) Sixty thousand dollars to Otero county.
(b) If the enterprise is unable to distribute ten million dollars pursuant to subsection (2)(a) of this section, the enterprise shall distribute the dollars it can distribute in the same proportion as described in subsection (2)(a) of this section.
(c) If a political subdivision is unable to accept the annual distribution made pursuant to subsection (2)(a) of this section, the enterprise shall distribute the unaccepted amounts to the other political subdivisions on a proportionate basis.
(3) The enterprise shall annually distribute up to five million dollars from the fund, after making the transfers required by subsection (2) of this section and after providing for the administrative expenses of the enterprise, to key commercial freight corridors, to support state government projects related to emergency responses and measures to prevent emergencies, including but not limited to the study required by section 43-1-133, environmental mitigation, or the transportation of fuel within the state on routes necessary for the transportation of hazardous materials.
Source: L. 2023: Entire part added, (SB 23-280), ch. 404, p. 2425, § 9, effective August 7. L. 2024: (3) amended, (SB 24-100), ch. 207, p. 1279, § 7, effective August 7.
Frequently Asked Questions About Colorado § 43-4-1506
What does Colorado Revised Statutes § 43-4-1506 cover?
Section 43-4-1506 ("Fuels impact reduction grant program.") 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 § 43-4-1506?
A common citation format is "Colorado Revised Statutes § 43-4-1506" (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 § 43-4-1506 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.