| Summary |
Section 1 of the bill makes legislative findings and declarations.
Section 2 creates the circular economy development center (center) in the
department of public health and environment (department). The purpose
of the center is to grow existing markets; create new markets; and provide
necessary infrastructure, logistics, and marketing to create a sustainable
circular economy for recycled commodities in Colorado. On or before
July 1, 2023, subject to available appropriations, the department must
contract with a third-party administrator to operate the center.
The center must conduct a statewide, end-market gap analysis and
opportunity assessment and submit a final report of the analysis and
assessment to the department by August 1, 2024. Beginning September
1, 2023, and on or before each September 1 thereafter, the center must
also submit a report to the department describing the progress of the
center. The department must include the report in its annual presentation
to the general assembly pursuant to the State Measurement for
Accountable, Responsive, and Transparent (SMART) Government Act.
Section 2 also repeals the center, effective September 1, 2030.
Section 3 requires the front range waste diversion enterprise
(enterprise), in coordination with the department, to pay for direct and
indirect costs associated with the operation of the center through the front
range waste diversion cash fund (fund). Section 3 also makes changes to
the front range waste diversion enterprise grant program as follows:
•
Current law imposes limitations for grant applications that
are received from a waste hauler or a landfill owner or
operator. Specifically, as to the portions of such an
application that relate to infrastructure or equipment, only
50% of infrastructure or equipment can be funded through
the grant program and, if the board awards a grant to a
waste hauler or landfill owner or operator for infrastructure
or equipment, the grantee is ineligible to receive a grant for
the following 5 years. The bill removes these limitations.
•
Current law prohibits the board of directors of the
enterprise from allocating more than 20% of the annual
fund revenue in any single grant award. The bill raises this
maximum to 50%.
Section 3 also extends the repeal date of the enterprise from
September 1, 2029, to September 1, 2030.
Sections 4 and 5 extend the repeal dates of the recycling resources
economic opportunity program and the associated recycling resources
economic opportunity fund from July 1, 2026, to September 1, 2030.
Section 4 also requires the department to use money appropriated from
the recycling resources economic opportunity fund to pay for direct and
indirect costs associated with the operation of the center.
Under current law, the solid waste user fee is repealed, effective
July 1, 2026. Section 6 extends this repeal date to September 1, 2030.
Section 6 also extends, from September 1, 2029, to September 1, 2030,
the repeal date of a specific user fee that is associated with the solid waste
user fee.
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