Senate Committee of Reference Report
Committee on Appropriations
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April 29, 2025
After consideration on the merits, the Committee recommends the following:
SB25-007 be amended as follows, and as so amended, be referred to the Committee of the Whole with favorable recommendation:
Page 1, Line 1Amend the Agriculture and Natural Resources Committee Report, dated
Page 1, Line 2February 19, 2025, page 1, line 1, strike "20, after the period add "The
Page 1, Line 3division" and substitute "14, strike "money transferred to".
Page 1, Line 4Page 3 of the bill, strike line 15 and substitute "any gifts,".
Page 1, Line 5Page 3 of the bill, line 20, after the period add "The division".".
Page 1, Line 6Page 1 of the report, strike lines 4 and 5 and substitute:
Page 1, Line 7"Page 3 of the bill, strike lines 21 and 22.
Page 1, Line 8Reletter succeeding paragraph accordingly.
Page 1, Line 9Page 4 of the bill, line 11, strike "The" and substitute "Subject to
Page 1, Line 10annual appropriation by the general assembly of sufficient
Page 1, Line 11money for the division to administer the fund, the".".
Page 1, Line 12Page 2 of the report, after line 7 insert:
Page 1, Line 13"Page 8 of the bill, after line 3 insert:
Page 1, Line 14"SECTION 4. In Colorado Revised Statutes, 40-41-102, amend
Page 1, Line 15(7)(a)(III); and add (7)(a)(IV) as follows:
Page 1, Line 1640-41-102. Definitions. As used in this article 41, unless the
Page 1, Line 17context otherwise requires:
Page 1, Line 18(7) (a) "CO-EI costs" means:
Page 1, Line 19(III) Pretax costs that an electric utility has previously incurred
Page 2, Line 1related to the commission-approved closure of an electric generating
Page 2, Line 2facility occurring before May 30, 2019; and
Page 2, Line 3(IV) As approved by the commission, any of the pretax
Page 2, Line 4costs associated with the implementation of an approved
Page 2, Line 5program or project to mitigate the effects of extreme weather,
Page 2, Line 6wildfires, climate change, or other hazards, including but not
Page 2, Line 7limited to the costs associated with an electric utility's wildfire
Page 2, Line 8mitigation plan that has been approved by the commission.".
Page 2, Line 9Renumber succeeding section accordingly.".