Colorado Revised Statutes Title 24. Government State § 24-46.3-703. Funding for work force innovation--grant program--statewide initiatives--allocation of ARPA money

(1) For the 2021--22 state fiscal year, the general assembly shall appropriate thirty-five million dollars from the workers, employers, and workforce centers cash fund created in section 24-75-231(2)(a) to the department for allocation to the state council for the following purposes:

(2) The state council and department may use up to twelve percent of the amount appropriated pursuant to this section for costs associated with implementing and administering this part 7 and for the evaluation activities required pursuant to section 24-46.3-706.

(3) Any money appropriated pursuant to this section that is not expended or encumbered at the end of the 2021--22 state fiscal year remains available for expenditure in subsequent fiscal years without further appropriation, subject to the requirements for obligating and expending money received under the ARPA as specified in section 24-75-226(4)(d).

(4) The state council shall comply with the requirements of section 24-75-226(4) and (5) regarding the obligation, expenditure, and tracking of and reporting on the use of any ARPA money allocated to the state council pursuant to this section.