1. (1) The climate change mitigation and adaptation fund, referred to in this section as the fund, is created in the state treasury. The fund consists of:

   1. (a) Civil penalties assessed pursuant to section 25-7-122 (1)(i) and credited to the fund pursuant to section 25-7-122 (1)(i)(III);
   2. (b) Building performance program fees credited to the fund pursuant to section 24-38.5-112 (1)(e), which fees must be separately accounted for in the fund;
   3. (c) Gifts, grants, and donations made to the Colorado energy office to help finance its administration of climate change mitigation or adaptation programs and policies;
   4. (d) Any money that the general assembly may appropriate or transfer to the fund; and
   5. (e) Any other money credited to the fund.
2. (2) Money in the fund is continuously appropriated to the Colorado energy office for the purpose of financing and administering the building performance program defined in section 24-38.5-112 (3)(b) and described in that section and section 25-7-142.
3. (3) The state treasurer shall credit all interest and income derived from the deposit and investment of money in the fund to the fund.

Source: L. 2021: Entire section added, (HB 21-1286), ch. 326, p. 2083, § 3, effective September 7. L. 2025: IP(1) and (1)(a) amended, (HB 25-1269), ch. 216, p. 993, § 7, effective May 20.

Editor's note: Section 10 of chapter 216 (HB 25-1269), Session Laws of Colorado 2025, provides that the act changing this section applies to conduct occurring on or after May 20, 2025.