(1) When adequate funding is available, the committee shall accept and review proposals to fund projects or programs, or both, that study or pilot new and innovative ideas that will lead to an improved quality of life or increased independence for individuals with disabilities. Proposals may be accepted throughout the year, and grants may be made by the committee at its regular meetings. The fund is the sole source of money for any grants made pursuant to this section.(2) To be eligible for funding pursuant to this section, a project or program must: (a) Demonstrate a capability to be self-sustaining or otherwise be able to develop long-term independent funding; and(b)(I) Have a governing body, a board, or ownership that is composed of individuals with a demonstrated commitment to improving the lives of individuals with disabilities, the majority of whom are individuals with disabilities, individuals with immediate family members who are individuals with disabilities, or individuals who are caregivers to a family member who is an individual with a disability;(II) For organizations that do not meet the governance requirements of subsection (2)(b)(II) of this section, have a grant

who are caregivers to a family member who is an individual with a disability;(II) For organizations that do not meet the governance requirements of subsection (2)(b)(II) of this section, have a grant oversight committee approved by the committee, that is responsible for all oversight of the grant and is comprised of individuals with a demonstrated commitment to improving the lives of individuals with disabilities, the majority of whom are individuals with disabilities, individuals with immediate family members who are individuals with disabilities, or individuals who are caregivers to a family member who is an individual with a disability; or(III) In the case of a sole proprietorship, have an owner who:(A) Is an individual with a disability, an individual with an immediate family member who is an individual with a disability, or an individual who is a caregiver to a family member who is an individual with a disability; and(B) Has demonstrated commitment to improving the lives of individuals with disabilities.Renumbered from C.R.S. § 24-30-2204.5 and amended by 2024 Ch. 324,§ 2, eff. 7/1/2024.Amended by 2022 Ch. 378, § 3, eff. 8/10/2022.Amended by 2016 Ch. 319, § 1, eff.

s of individuals with disabilities.Renumbered from C.R.S. § 24-30-2204.5 and amended by 2024 Ch. 324,§ 2, eff. 7/1/2024.Amended by 2022 Ch. 378, § 3, eff. 8/10/2022.Amended by 2016 Ch. 319, § 1, eff. 8/10/2016.Added by 2013 Ch. 256, § 5, eff. 5/23/2013.L. 2016: Entire part amended with relocations, (HB 16-1362), ch. 319, p. 1290, § 1, effective August 10.This section is similar to former § 24-30-2204.5 as it existed prior to 2024.