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CO SB219
Bill
Status
4/25/2024
Primary Sponsor
Jeff Bridges
Click for details
AI Summary
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Creates the Colorado Roadside Improvement and Outdoor Recreational Industry Promotional Enterprise as a Type 1 government-owned business within the Department of Transportation to improve roadside conditions and promote Colorado's outdoor recreation industry.
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Authorizes the enterprise to collect sign programs administrative and maintenance fees from participants in business and tourist-oriented directional sign programs, with fees based on fair market value of implementation costs, inflation, traffic counts, and population.
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Empowers the enterprise to implement sign programs, modernize rest areas, maintain roadside, reduce homelessness in public rights-of-way, and administer an outdoor recreational industry promotional grant program (requiring at least 10% of annual fee revenue for grants).
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Establishes the Colorado Roadside Improvement and Outdoor Recreational Industry Promotional Enterprise Fund to hold fee revenues and appropriates money continuously to the enterprise for operations and grant awards; allows loans from the Department of Transportation to cover initial startup expenses.
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Requires the enterprise to maintain transparency through annual budgets, ten-year plans (first due June 1, 2025), public accountability dashboards, and annual reports to legislative committees; enterprise is subject to open meetings and open records laws.
Legislative Description
Colorado Roadside & Outdoor Recreation Industry Enterprise
Transportation & Motor Vehicles
Last Action
Introduced In Senate - Assigned to Appropriations
4/25/2024