HB 22-1365

House Bill 22-1365 establishes a new research center called the Southern Colorado Institute of Transportation Technology at Colorado State University-Pueblo. The institute will focus on studying and improving railroad, ground, and intermodal transportation safety, security, and innovation in Colorado. It will also help small businesses by providing them with funding to develop and test new surface transportation technologies. The bill has been signed into law, meaning the institute is now officially established and operational under the direction of a governing board at CSU-Pueblo.

Official Summary

The act creates the southern Colorado institute of transportation technology (institute) at Colorado state university - Pueblo, which is designated as the host institution for the institute, and specifies that the role and mission of the institute is to conduct research related to the safety, security, and innovation of railroad, ground, and intermodal transportation and general issues related to surface transportation problems in the state. The institute must also support government and academic surface transportation related research and serve as a competitive funding resource for small Colorado businesses developing and testing surface transportation technologies. The act also: Establishes a governing board for the institute, requires the institute to have a director, and specifies the powers and duties of the governing board and the director; Requires the institute to annually report to the joint budget committee and education committee of the general assembly; and Specifies a process by which Colorado state university - Pueblo may opt out of being the host institution for the institute.(Note: This summary applies to this bill as enacted.)

Votes