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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The electric vehicle service equipment fund is hereby created in the state treasury. The fund consists of money credited to the fund pursuant to subsection (2) of this section and any other money that the general assembly may appropriate or transfer to the fund. The state treasurer shall credit all interest and income derived from the deposit and investment of money in the fund to the fund. Subject to annual appropriation by the general assembly, the department may expend money from the fund to defray the costs associated with operating electric vehicle services equipment including costs of facilities' electricity, installation, repair, warranties, replacement, operation of network service, maintenance, and salaries involved in the use of facilities with electric vehicle service equipment.
(2) The state treasurer shall credit all money received by the department from charges imposed by the department on persons charging electric vehicles using electric vehicle service equipment provided by the department at any National Guard facility.
(3) The department may seek, accept, and expend gifts, grants, or donations from private or public sources for the purposes of this subsection (3). The department shall transmit all money received through gifts, grants, or donations to the state treasurer, who shall credit the money to the fund.
(4) As used in this section, unless the context otherwise requires:
(a) “Electric vehicle service equipment” means electric vehicle charging systems, as defined in section 38-33.3-106.8(7), and other electrical equipment installed on site to support electric vehicle charging.
(b) “Fund” means the electric vehicle service equipment fund created in subsection (1) of this section.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 28. Military and Veterans § 28-3-110. Electric vehicle service equipment fund--created--use of fund--gifts, grants, and donations--definitions - last updated January 01, 2025 | https://codes.findlaw.com/co/title-28-military-and-veterans/co-rev-st-sect-28-3-110/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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