Senate Bill 22-206 Summary

• Creates the Disaster Resilience Rebuilding Program to provide loans and grants to homeowners, businesses, rental property owners, and local governments affected by declared disasters, with $15 million initial appropriation from the general fund

• Establishes the Sustainable Rebuilding Program administered by the Colorado Energy Office to provide loans and grants for rebuilding homes and buildings to high-efficiency standards using heat pumps, renewable energy, and advanced energy certifications, with $20 million initial appropriation

• Creates the Office of Climate Preparedness in the Governor's Office to develop and implement a statewide climate preparedness roadmap by December 1, 2023, updated every three years, addressing climate mitigation, adaptation, resiliency, and recovery with emphasis on equity and vulnerable communities

• Directs the creation of a statewide fire dispatch center for rapid wildfire response and allocates $15.5 million from the Disaster Emergency Fund to the Colorado Firefighting Air Corps for aviation resources and dispatch center operations

• Requires the insurance commissioner to study homeowner's insurance stability, availability, and affordability in Colorado and submit findings to the legislature; also establishes a disaster survivor portal to coordinate access to federal, state, and local assistance programs