Electric Vehicle Service Equipment Fund

Joint Budget Committee. In order to allow the department of military and veterans affairs (department) to impose charges for the charging of electric vehicles using electric vehicle services equipment (equipment) provided by the department at Colorado National Guard facilities and to use the revenue to fund the ongoing operation of the equipment, the bill:

• Creates the electric vehicle service equipment fund (fund);
• Requires all money received by the department from such charges to be credited to the fund;
• Authorizes the department to accept gifts, grants, and donations to be credited to the fund;
• Subject to annual appropriation, authorizes the department to expend money from the fund to defray the costs associated with operation of the equipment; and
• Appropriates $50,000 from the fund to the department for state fiscal year 2023-24.
  (Note: This summary applies to this bill as introduced.)