SB18-019

SB18-019 - Expanded Duration For Colorado Water Resources And Power Development Authority Revolving Loans

Passed/Signed into Law
Concerning an expansion of the duration for which the Colorado water resources and power development authority may make a loan under the authority's revolving loan programs.

Water Resources Review Committee. Pursuant to the federal clean water act and the federal 'Safe Water Drinking Act', the Colorado water resources and power development authority (authority) makes loans under its water pollution control revolving fund and its drinking water revolving fund. Under state law, the duration of any water pollution control loan made by the authority must not exceed 20 years after project completion; however, the federal clean water act now allows for loans up to the lesser of 30 years or the projected useful life of the project, as determined by the state. The bill removes the 20-year limitation on water pollution control loans and authorizes the authority to make loans in compliance with the clean water act and the 'Safe Water Drinking Act'.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

 

Latest update: March 1, 2018
03/01/2018 - Governor Signed
02/23/2018 - Sent to the Governor
02/23/2018 - Signed by the Speaker of the House
02/22/2018 - Signed by the President of the Senate
02/16/2018 - House Third Reading Passed - No Amendments
02/15/2018 - House Second Reading Passed - No Amendments
02/12/2018 - House Committee on Agriculture, Livestock, & Natural Resources Refer Unamended to House Committee of the Whole
01/26/2018 - Introduced In House - Assigned to Agriculture, Livestock, & Natural Resources
01/24/2018 - Senate Third Reading Passed - No Amendments
01/23/2018 - Senate Second Reading Passed - No Amendments
01/18/2018 - Senate Committee on Agriculture, Natural Resources, & Energy Refer Unamended to Senate Committee of the Whole
01/10/2018 - Introduced In Senate - Assigned to Agriculture, Natural Resources, & Energy