1. (1) The damage prevention fund, referred to in this section as the fund, is hereby created in the state treasury. The fund consists of:

   1. (a) All receipts from money directed by law to be deposited to the fund;
   2. (b) All fines collected pursuant to section 9-1.5-104.4; and
   3. (c) Any other money that the general assembly may appropriate or transfer to the fund.
2. (2) The state treasurer shall credit all interest and income derived from the deposit and investment of money in the fund to the fund.

3. (3) Only the safety commission may authorize expenditures from the fund. Subject to annual appropriation by the general assembly, the safety commission may use money deposited in the fund only to:

   1. (a) Develop and disseminate educational programming designed to improve worker and public safety relating to excavation and underground facilities; and
   2. (b) Provide grants to persons who have developed educational programming that the notification association and the safety commission deem appropriate for improving worker and public safety relating to excavation and underground facilities.

4. (4)

   1. (a) On June 30, 2025, the state treasurer shall transfer one hundred seventy-six thousand eight hundred thirty dollars from the fund to the outdoor recreation economic development cash fund created in section 24-48.5-129 (4)(a).
   2. (b) This subsection (4) is repealed, effective July 1, 2026.

Source: L. 2018: Entire section added, (SB 18-167), ch. 256, p. 1568, § 3, effective August 8. L. 2025: (4) added, (HB 25-1215), ch. 312, p. 1629, § 2, effective May 30.

Editor's note: This section is repealed, effective September 1, 2028, pursuant to § 9-1.5-108.

Cross references: For the legislative declaration in HB 25-1215, see section 1 of chapter 312, Session Laws of Colorado 2025.