Penalties collected and credited to the state highway fund - expenditure

Colo. Rev. Stat. § 40-20-309.5, under RAILROAD SAFETY.

Colo. Rev. Stat. § 40-20-309.5

(1) Money credited or transferred to the state highway fund pursuant to sections 40-20-308 (3) and 40-20-309 (4) must be expended by the transit and rail division in the department of transportation for the purposes of:

(a) Safety planning and development during the research, development, and construction of a passenger rail system;

(b) Planning, design, construction, or maintenance and operation of safety improvements on any railroad or railroad crossing in the state; and

(c) Completing capital development projects to improve the safety of a passenger rail system.

(2) Money credited or transferred to the state highway fund pursuant to sections 40-20-308 (3) and 40-20-309 (4) is not intended to increase the number of full-time employees of the department of transportation.

Source: L. 2025: Entire section added, (SB 25-162), ch. 420, p. 2373, § 6, effective June 4.