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Legislative Year: 2023 Change

Bill Detail: SB23-161

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Title Financing To Purchase Firefighting Aircraft
Status Governor Signed (05/12/2023)
Bill Subjects
  • State Government
  • State Revenue & Budget
House Sponsors J. McCluskie (D)
M. Lynch (R)
Senate Sponsors S. Fenberg (D)
P. Will (R)
House Committee Finance
Senate Committee Finance
Date Introduced 02/15/2023

The bill directs the state, through the state treasurer, to execute a
financed purchase of an asset or certificate of participation agreement
(financing agreement) in an amount not to exceed $4 million in annual
payments and for a term of up to 20 years for the purchase of a fire hawk
helicopter, configured for wildfire and other public safety response needs,
for use by the division of fire prevention and control (division) within the
department of public safety, subject to the availability of a suitable
aircraft at a reasonable price as determined by the state treasurer in
consultation with the division. Payments under the financing agreement
are subject to annual appropriation by the general assembly from the
Colorado firefighting air corps fund, from the general fund, or from any
other legally available source of money. The financing agreement that is
entered into must authorize the state or the division to receive fee title to
the fire hawk helicopter on or before the expiration of the terms of the
financing agreement.

Committee Reports
with Amendments
Full Text
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Fiscal Notes Fiscal Notes (08/07/2023) (most recent)  
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