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HB24-1281

Frontier Communities Regional Tourism Projects

Concerning the authority of the Colorado economic development commission to approve a limited number of new regional tourism projects located in frontier communities pursuant to the "Colorado Regional Tourism Act".
Session:
2024 Regular Session
Subjects:
Business & Economic Development
State Government
Bill Summary

The "Colorado Regional Tourism Act" establishes a process for approving and a mechanism for financing, through state sales tax increment revenue, regional tourism projects that are submitted by local governments and approved by the Colorado economic development commission (commission). The commission currently does not have authority to approve any more regional tourism projects. On or after September 1, 2024, the bill allows the commission to approve up to 2 new regional tourism projects, both of which must be located in a frontier community. The bill also specifies that the term "regional tourism project" includes an agritourism facility together with ancillary uses, structures, and improvements.
(Note: This summary applies to this bill as introduced.)

Status

Introduced
Lost

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Bill Text

Sponsors

Sponsor Type Legislators
Prime Sponsor

Rep. M. Catlin, Rep. M. Martinez

Sponsor

Co-sponsor

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