25-16.5-104. Recycling resources economic opportunity fund - creation - repeal

25-16.5-104. Recycling resources economic opportunity fund - creation - repeal. (1) (a) The recycling resources economic opportunity fund, referred to in this section as the "fund", is created in the state treasury. Money in the fund is annually appropriated to the department for use in accordance with subsection (2) of this section. The fund consists of all money that may be available to the fund, including money made available from gifts, grants, or donations.

(b) All interest derived from the deposit of money in the fund shall be credited to the fund. Except as provided in subsection (4) of this section, at the end of any fiscal year, all unexpended and unencumbered money in the fund remains in the fund and shall not be credited or transferred to the general fund or any other fund.

(2) Money in the fund shall be used to pay for administrative costs incurred by the department in implementing House Bill 07-1288, enacted in 2007.

(3) Except as otherwise provided in this section, money in the fund shall not be used for the administration, implementation, or enforcement of any state law or rule.

(4) On September 30, 2025, the state treasurer shall transfer any money remaining in the fund to the Colorado circular communities cash fund created in section 25-16.5-109 (4).

(5) This section is repealed, effective October 1, 2025.