CO HB1070

Requires anyone contracting with a convicted criminal for profits to pay money to the crime victim services advisory board, which deposits funds in an escrow account for crime victims.

Prioritizes paying outstanding court-ordered restitution from escrow funds before distributing to victims, and distributes remaining money pro rata to identified victims or holds it in escrow if victims cannot be located.

Reduces the statute of limitations for victims to enforce restitution orders or bring civil actions against escrow accounts from five years to three years after account establishment.

Requires the board to publish annual notices in local newspapers about escrow accounts unless all victims have been identified and located, with notification costs paid from the escrow account.

Allows remaining funds after three years with no pending claims to be applied toward the convicted person's incarceration costs, with any remaining balance returned to the defendant upon dismissal of charges.