CO HB1418

State Treasurer shall transfer $4 million from the Hazardous Substance Site Response Fund to the Hazardous Substance Response Fund on May 1, 2024, with this provision repealing July 1, 2025.

State Treasurer shall transfer all unexpended and unencumbered money remaining in the Hazardous Substance Site Response Fund to the Hazardous Substance Response Fund on May 1, 2025, with this provision repealing July 1, 2026.

Amends Colorado Revised Statutes section 25-16-104.6 to clarify that money transferred to the Hazardous Substance Response Fund pursuant to section 25-16-104.9 is a source of revenue for that fund.

Money in the Hazardous Substance Response Fund remains available for purposes of Article 16 and does not revert to the general fund at the end of any fiscal year.