SB14-179 Summary

• Creates a Stream Restoration Grant Account within the existing Flood and Drought Response Fund to provide grants for watershed cleanup and stream restoration in areas affected by the September 2013 flood.

• Transfers $2,500,000 from the Disaster Emergency Fund to the Stream Restoration Account upon the bill's effective date.

• Authorizes the Colorado Water Conservation Board to approve grants based on adopted criteria and procedures, and permits private entities and individuals to apply for grants.

• Allows the Board to accept gifts, grants, and donations from private or public sources for the account, with all received funds credited to the Stream Restoration Account.

• Sunsets the Stream Restoration Grant Account provisions on July 1, 2015.