Electric Vehicle Grant Fund
Electric vehicle grant fund - administration. The act modifies the statute governing the electric vehicle grant fund (fund) as follows:
- Allows the fund to be used to administer grants for the installation of charging stations for electric vehicles;
- Allows the fund to prioritize the grants it will provide based on criteria defined by the Colorado energy office;
- Allows the fund to be used to fully fund the installation of charging stations and offset station operating costs; and
- Requires the money in the fund to be continuously appropriated to the Colorado energy office.
(Note: This summary applies to this bill as enacted.)