Colorado 2024 Regular Session

Colorado House Bill HB1418

Introduced
3/25/24  
Introduced
3/25/24  
Report Pass
3/27/24  
Refer
3/25/24  
Report Pass
3/27/24  
Engrossed
4/1/24  
Refer
3/27/24  
Engrossed
4/1/24  
Report Pass
4/3/24  
Refer
4/1/24  
Report Pass
4/3/24  
Engrossed
4/11/24  
Refer
4/3/24  
Engrossed
4/12/24  
Engrossed
4/11/24  
Engrossed
4/12/24  
Passed
4/18/24  
Enrolled
4/12/24  

Caption

Hazardous Substance Site Response Fund Transfer

Impact

The passage of HB 1418 is expected to enhance the state's capability to respond to hazardous material emergencies more effectively. By streamlining funding from one state-managed fund to another, it aims to strengthen the protocols involved in environmental safety and public health. Importantly, it is designed to ensure that state resources continue to be available for urgent responses to hazardous substance incidents which can pose significant risks to both the environment and public welfare.

Summary

House Bill 1418 seeks to address the management of hazardous substances in the state by facilitating a transfer of funds from the Hazardous Substance Site Response Fund to the Hazardous Substance Response Fund. This transfer, which includes an initial amount of four million dollars on May 1, 2024, aims to ensure that adequate financial resources are available for responding to environmental hazards and cleaning up hazardous sites. The legislation outlines the mechanisms for appropriating these funds while maintaining a balance that does not revert to the state's general fund at the end of the fiscal year.

Sentiment

The sentiment surrounding HB 1418 appears generally positive among legislators, with support focusing on the importance of ensuring adequate resources for hazardous material response efforts. Discussions indicate broad agreement on the necessity of maintaining environmental safety and the state's commitment to managing hazardous substances efficiently. However, like any fiscal maneuver, there may be concerns regarding the potential impact on budget allocations and the long-term stability of the funds involved.

Contention

Notable points of contention may arise from differing views on the fund allocation and transparency of the financial management involved in hazardous substance responses. Some stakeholders might express concern over the stability and adequacy of the funding post-transfer, especially since the provisions include potential future repeal clauses. Additionally, there could be debates on whether the resources available will be sufficient to meet increasing environmental challenges, thus raising discussions about long-term planning and sustainability for hazardous substance management.

Companion Bills

No companion bills found.

Previously Filed As

CO SB255

Transfer to Hazardous Substance Response Fund

CO HB2516

Hazardous substances; Hazardous Substance Facility Response Plans, civil penalties.

CO SB1157

Providing for spill response and residential environmental protection; and, in fund, further providing for Hazardous Sites Cleanup Fund.

CO HB2178

Providing for spill response and residential environmental protection; and, in fund, further providing for Hazardous Sites Cleanup Fund.

CO LD2115

An Act to Protect Private Wells from Hazardous Substances

CO HB2127

Hazardous substance release; notice; liability

CO SF440

A bill for an act imposing fines for hazardous conditions caused by a person having control over a hazardous substance, providing penalties, and making appropriations.

CO S03018

Establishes a computerized database containing information relating to the storage and handling of hazardous substances and emergency responses to the release of hazardous substances.

CO S04365

Establishes a computerized database containing information relating to the storage and handling of hazardous substances and emergency responses to the release of hazardous substances.

CO HSB66

A bill for an act relating to strict liability for a person in control of hazardous substances.(See HF 881.)

Similar Bills

No similar bills found.