SB 21-252

  • Colorado Senate Bill
  • 2021 Regular Session
  • Introduced in Senate May 24, 2021
  • Passed Senate May 21, 2021
  • Passed House Jun 03, 2021
  • Signed by Governor Jun 16, 2021

Community Revitalization Grant Program

Abstract

The act establishes the community revitalization grant program (grant program) in the division of creative industries (division) in the office of economic development (office). The grant program is established to provide money awards to finance various projects across the state that are intended to create or revitalize mixed-use commercial centers. The grant program is intended to support creative projects in these commercial centers that would combine revitalized or newly constructed commercial spaces with public or community spaces including but not limited to certain projects specified in the act. In allocating grant money under the grant program, preference will be given to certain projects based on prioritization factors enumerated in the act. All grants awarded under this section must be encumbered no later than December 31, 2022.The division will administer the grant program in consultation with the division of local government (DLG) in the department of local affairs (DOLA). The division may contract out part of its administrative duties under the grant program to a third-party administrative entity.In connection with the administration of the grant program, the division and DLG are required to collaborate in creating a process that ensures that grants are only considered and awarded after a fair and rigorous open competition among eligible grant recipients. The division and DLG are also required to collaborate on the review of grant applications and the approval of grant awards. In connection with the review of grant applications and awards, the division must solicit input from a stakeholder group that includes representation from various groups and entities as specified in the act.On or before September 1, 2021, the director of the division, in consultation with the director of the DLG or their designees, are required to adopt polices, procedures, and guidelines for the grant program that include without limitation:Procedures and timelines by which an eligible recipient may apply for a grant; Criteria for determining grant eligibility and grant amounts; and Reporting requirements for grant recipients. The act specifies the types of projects meriting preference in the awarding of grants.The act creates the community revitalization fund (fund) in the state treasury. On the effective date of the act, or as soon as practicable thereafter, the state treasurer is required to transfer $65 million from the general fund to the fund. All money transferred is to be used for either grant awards or the costs of administering the grant program.On or before November 1, 2022, and on or before November 1, 2023, the division is required to publish a report summarizing the use of all of the money that was awarded as grants under the grant program in the preceding fiscal year. The act specifies additional required components of the report. The report must be posted on the website of the office. The act requires the office to summarize the information contained in the report in its "State Measurement for Accountable, Responsive, and Transparent (SMART) Government Act" hearings.On June 30, 2021, if there is unexpended and unencumbered money remaining from the amount appropriated to DOLA in the 2020-21 state fiscal year for the program providing small business relief to address the negative effects of capacity limits due to the COVID-19 pandemic, the act requires the state treasurer to transfer $7,000,000 of the unexpended and unencumbered amount to DOLA for use by the DLG in administering the Colorado main street program.The act reduces the 2020-21 state fiscal year appropriation to DOLA for use by the DLG from $37,000,000 to $30,000,000. For the 2021-22 state fiscal year, the act appropriates $7,000,000 to DOLA for use by the DLG for the Colorado main street program.(Note: This summary applies to this bill as enacted.)

Bill Sponsors (4)

Votes


Actions


Jun 16, 2021

Office of the Governor

Governor Signed

Jun 10, 2021

Office of the Governor

Sent to the Governor

Senate

Signed by the President of the Senate

House

Signed by the Speaker of the House

Jun 03, 2021

Senate

Senate Considered House Amendments - Result was to Concur - Repass

House

House Third Reading Passed - No Amendments

Jun 02, 2021

House

House Third Reading Laid Over Daily - No Amendments

Jun 01, 2021

House

House Second Reading Special Order - Passed with Amendments - Committee

May 28, 2021

House

House Committee on Appropriations Refer Amended to House Committee of the Whole

  • Committee-Passage
  • Referral-Committee
House Committee of the Whole Appropriations

May 26, 2021

House

House Committee on Transportation & Local Government Refer Unamended to Appropriations

  • Referral-Committee
Appropriations Transportation & Local Government Transportation Local Government

May 24, 2021

House

Introduced In House - Assigned to Transportation & Local Government

  • Introduction
Transportation & Local Government Transportation Local Government

May 21, 2021

Senate

Senate Third Reading Passed - No Amendments

Senate

Senate Third Reading Reconsidered - No Amendments

Senate

Senate Third Reading Passed - No Amendments

May 20, 2021

Senate

Senate Second Reading Special Order - Passed with Amendments - Committee, Floor

May 19, 2021

Senate

Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole

  • Committee-Passage
Appropriations

May 13, 2021

Senate

Senate Committee on Local Government Refer Amended to Appropriations

  • Referral-Committee
Appropriations Local Government

Apr 29, 2021

Senate

Introduced In Senate - Assigned to Local Government

  • Introduction
Local Government

Bill Text

Bill Text Versions Format
Signed Act (06/16/2021) PDF
Final Act (06/10/2021) PDF
Rerevised (06/03/2021) PDF
Revised (06/01/2021) PDF
Reengrossed (05/21/2021) PDF
Engrossed (05/20/2021) PDF
Introduced (04/29/2021) PDF
PA2 (05/28/2021) PDF
PA1 (05/14/2021) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note SA1 (05/27/2021) PDF
Fiscal Note FN1 (05/12/2021) PDF
Fiscal Note FN2 (06/03/2021) PDF
Fiscal Note FN3 (07/20/2021) PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.