HB 26-1067

HB 26-1067, also known as the Diseased Livestock Indemnity Fund bill, allows the Colorado Department of Agriculture to use money in a special fund not just for compensating livestock owners whose animals are destroyed due to disease but also for preparing and responding to new threats that could harm livestock. This means the fund can now be used more flexibly to protect animal health beyond just paying out after an incident occurs. The bill has been signed into law, so these changes are now in effect.

Official Summary

Previously, money in the diseased livestock indemnity fund could be used only to pay indemnity to a livestock owner whose herd had been sold for slaughter or destroyed because the herd was exposed to or diagnosed with an infectious or contagious disease. The act expands the permissible uses of the money in the diseased livestock indemnity fund by allowing the commissioner of agriculture to authorize using the money to prepare for and respond to certain emerging threats to livestock health.     The act renames the fund the 'livestock health preparedness, response, and diseased livestock indemnity fund' to reflect the expanded scope of the permissible uses of money in the fund.(Note: This summary applies to this bill as enacted.)

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