Plain English Breakdown
The metadata lists an effective date field as blank, but the bill text explicitly sets July 1, 2026. The explanation relies on the explicit text rather than the empty metadata field.
Repeal of the Wildfire Resilient Homes Grant Program
This law ends a state grant program that helped homeowners protect their houses from wildfires and moves any leftover money to the general fund.
What This Bill Does
- Ends the wildfire resilient homes grant program on July 1, 2026.
- Requires the state treasurer to move unused funds from the grant account to the general fund by June 30, 2026.
Who It Names or Affects
- Homeowners who were eligible for grants to make their homes more resistant to wildfire risk.
- The Colorado State Treasurer, who must transfer the remaining money.
Terms To Know
- General Fund
- The main account where the state keeps most of its tax revenue and other income to pay for government services.
- Unexpended balance
- Money in a fund that has not been spent or set aside for future use yet.
Limits and Unknowns
- The source text does not state how much money is currently left in the grant program cash fund.
- The effective date listed in the metadata section is blank, though the summary specifies July 1, 2026.