HB 20-1124 Summary

• Authorizes county commissioners to transfer money from the county general fund to the county road and bridge fund following a gubernatorial disaster emergency declaration for disaster response and recovery purposes.

• Establishes an 8-year transfer period beginning the day after the governor's final emergency declaration, including all extensions to that declaration.

• Requires transferred funds to be used for disaster response and recovery in a manner consistent with permissible uses of county road and bridge funds.

• Takes effect August 5, 2020, unless subject to a referendum petition, in which case approval by voters in November 2020 is required for implementation.