Colorado Revised Statutes

Colo. Rev. Stat. § 24-46-302 (2026)

Legislative declaration

✓ current as of July 2026
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(1) The general assembly hereby finds and declares that:

(a) The health, safety, and welfare of the people of the state of Colorado are enhanced by a diverse revenue stream, and the people of the state would benefit from an expansion of opportunities for investment in large-scale regional tourism projects that will attract significant investment and revenue from outside the state;

(b) Diversification of the state's economic base can contribute to much-needed economic stability;

(c) Colorado is in competition with other states to attract large-scale regional tourism projects;

(d) It is in the best interests of the people of the state to provide a financing mechanism for attracting, constructing, and operating large-scale regional tourism projects that will attract significant investment and revenue from outside the state; and

(e) In keeping with Colorado's tradition of local governments playing a significant role in land use and development projects, regional tourism projects should be proposed by a local government or by one or more local governments working together.

Source: L. 2009: Entire part added, (SB 09-173), ch. 434, p. 2403, § 1, effective June 4.

Notes of Decisions
Cited in 2 cases, 2015–2015 · leading case: 1405 Hotel, LLC v. Colorado Econ. Dev. Comm'n, 2015 COA 127 (Colo. Ct. App. 2015).
1405 Hotel, LLC v. Colorado Econ. Dev. Comm'n, 2015 COA 127 (Colo. Ct. App. 2015). · cites it 5× “See § 24-46-302(1)(c), C.R.S. 2014 ("Colorado is in competition with other states to attract large-scale regional tourism projects.”
1405 Hotel, LLC v. Colorado Econ. Dev. Comm'n, 2015 COA 127 (Colo. Ct. App. 2015). · cites it 6× “See § 24-46-302(1)(c), C.R.S. 2014 (“Colorado is in competition with other states to attract large-scale regional tourism projects.”
Colo. Rev. Stat. § 24-46-302(1)(c): 2 cases
1405 Hotel, LLC v. Colorado Econ. Dev. Comm'n, 2015 COA 127 (Colo. Ct. App. 2015). “See § 24-46-302(1)(c), C.R.S. 2014 ("Colorado is in competition with other states to attract large-scale regional tourism projects.”
1405 Hotel, LLC v. Colorado Econ. Dev. Comm'n, 2015 COA 127 (Colo. Ct. App. 2015). “See § 24-46-302(1)(c), C.R.S. 2014 (“Colorado is in competition with other states to attract large-scale regional tourism projects.”
Colo. Rev. Stat. § 24-46-302(1)(d): 2 cases
1405 Hotel, LLC v. Colorado Econ. Dev. Comm'n, 2015 COA 127 (Colo. Ct. App. 2015). “See § 24-46-302(1)(c), C.R.S. 2014 ("Colorado is in competition with other states to attract large-scale regional tourism projects.”
1405 Hotel, LLC v. Colorado Econ. Dev. Comm'n, 2015 COA 127 (Colo. Ct. App. 2015). “See § 24-46-302(1)(c), C.R.S. 2014 (“Colorado is in competition with other states to attract large-scale regional tourism projects.”
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