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Economic Development Organization Action Grant Program

Concerning the creation of the economic development organization action grant program.
2024 Regular Session
Business & Economic Development
Bill Summary

The bill creates the economic development organization (EDO) action grant program (program) within the Colorado office of economic development (office) to provide grants to Colorado-based EDOs to support and increase EDO capacity to implement community-specific economic development programming, as identified in each EDO's program application. The office is required to administer the program in consultation with the Colorado economic development commission and a statewide economic development organization. The economic development organization grant program cash fund (fund) is created in the state treasury, and the office is required to award program grants from the fund. The state treasurer is required to transfer $2 million from the general fund to the fund on July 1, 2024.
(Note: This summary applies to this bill as introduced.)




Bill Text


Sponsor Type Legislators
Prime Sponsor

Rep. S. Bird, Rep. B. McLachlan
Sen. B. Kirkmeyer, Sen. R. Zenzinger



The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details