Linda Bassi, Colorado Water Conservation Board (CWCB), gave a presentation (Attachment A) concerning Colorado's instream flow (ISF) program, including the temporary loan program. Ms. Bassi gave an overview of Senate Bill 73-097 which initiated the instream flow program. She continued by discussing legislation that made changes to the ISF and temporary loan program including SB 81-414, SB 86-91, SB 87-212, SB 96-64, SB 02-156, HB 03-1320, HB 05-1039, HB 07-1012, HB 08-1280, and SB 18-170. She continued by discussing the role of the ISF program in the water community, including partnerships, stakeholder groups, and assistance with the Colorado Water Plan implementation. Ms. Bassi gave an overview how ISF water rights can be used as a tool in developing alternatives to Wild and Scenic designations. She discussed the distinction between preserving and improving and explained the ways in which the the CWCB can obtain ISF water rights including donations, purchases, and leases leading to permanent, long-term and temporary holds and reviewed the CWCB's review and approval process. She also discussed the appropriation process. Ms. Bassi responded to committee questions concerning protecting senior water rights. Ms. Bassi concluded by discussing the legal protection of ISFs and monitoring and enforcement. Ms. Bassi responded to committee questions concerning opposition statements, water rights injury, and general ISF program benefits.