CO SB245

Creates Natural Hazard Mapping Fund in state treasury funded by gifts, grants, donations, investment interest, and three one-time appropriations from the general fund totaling $6.87 million ($3.8 million on July 1, 2015; $2.4 million on July 1, 2016; $670,000 on July 1, 2017).

Authorizes use of mapping fund revenues for floodplain mapping updates, erosion zone mapping methodology development, debris flow hazard mapping for prioritized areas (including El Paso, Jefferson, and Douglas counties), and light detection and ranging data collection.

Requires erosion zone mapping to include convening an interagency technical panel, updating storm water criteria manual, and developing model land use codes in partnership with the Department of Local Affairs.

Requires debris flow mapping to include an interagency panel chaired by the Colorado Geological Survey and a five-year implementation plan to map remaining at-risk areas in Colorado.

Repeals the entire section effective July 1, 2018, with unencumbered revenues transferred back to the general fund.