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Legislative Year: 2020 Change

Bill Detail: SB20-153

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Title Water Resource Financing Enterprise
Status Senate Committee on Agriculture & Natural Resources Postpone Indefinitely (02/13/2020)
Bill Subjects
  • Water
House Sponsors
Senate Sponsors D. Coram (R)
House Committee
Senate Committee Agriculture and Natural Resources
Date Introduced 01/29/2020

The bill creates the water resources financing enterprise
(enterprise). The board of the enterprise (board) consists of the board of
directors of the Colorado water resources and power development

authority and the Colorado water conservation board. The enterprise will
provide financing to water providers, defined to include drinking water
suppliers, wastewater treatment suppliers, and raw water suppliers. Raw
water suppliers are limited to those that provide raw water for treatment
and use as drinking water.
Customers of drinking water suppliers will pay a fee to the
supplier, who will transmit it to the enterprise to be used for the
financing. The fee is 25 cents per 1,000 gallons of drinking water
delivered per month to each metered connection in a drinking water
supplier's public water system, collected after the first 4,000 gallons of
drinking water delivered per month to an individual metered connection.
The board may adjust the fee based on inflation and equity concerns for
large nonresidential customers and customers who pay tiered rates that
start higher than 4,000 gallons per month.
The enterprise can provide financing for grants, loans, and in-kind
technical assistance in arranging third-party financing. In determining
whether to provide financing, the board shall consider the following
  • A water provider's ability to pay, including whether the
water provider has sought or received other financial
  • Whether a water provider is subject to noncompliance or
increased requirements related to the provision of raw
water, drinking water, water treatment, or wastewater
  • Whether the proposed use of financing relates to a project
identified in and in furtherance of the state water plan; and
  • The geographic location and demographic characteristics
of the water provider and its customers.
The enterprise shall provide, and a water provider may use, the
financing only:
  • In connection with the provision of raw water, drinking
water, water treatment, or wastewater treatment; and
  • For feasibility studies, consulting, planning, permitting, and
construction of infrastructure and water conservation
projects and related recreational, hydroelectric, and flood
control facilities, including necessary enlargement and
rehabilitation of facilities but excluding maintenance and

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (02/12/2020) (most recent)  
Additional Bill Documents Bill Documents
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  • Past fiscal notes
  • Committee activity and documents
  • Bill History
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