Colorado Agricultural Development Authority Bond Allocation Service Period

Summary

The bill revises the timing rules for how the Colorado Agricultural Development Authority (CADA) handles its share of the private‑activity bond ceiling. Any portion of CADA’s allocation that isn’t used for bonds must be surrendered to the statewide balance by November 15 each year, while other state issuing authorities must do the same by September 15. The change also lets any authority voluntarily return its allocation at any time with written notice.

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