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SB 25-202

Repeal Climate Change Markets Grant Program

2025 Regular Session Introduced by Ryan Armagost and 21 co-sponsors

Repeals the Climate Change Markets Grant Program, ending the state's authority to issue climate market grants and affecting current and future recipients.

Governor Signed
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Bill Summary · SB 25-202

SB 25-202 — Repeal Climate Change Markets Grant Program

Status: Governor Signed (May 31, 2025)
Introduced: March 21, 2025

Summary — purpose and intent

SB 25-202 repeals the statutory authority establishing the "Climate Change Markets Grant Program." The bill’s primary intent is to eliminate the state-level grant program that provided support for activities connected to climate change markets (such as participation in carbon markets, market development, or related mitigation/adaptation projects), removing the program from statute and ending the state’s grant-making role under that program.

Key provisions (what the bill does)

  • Repeals the statute(s) that create and authorize the Climate Change Markets Grant Program.
  • Removes the state’s authority to solicit, award, or administer grants under that specific program name.
  • (Not specified in available summary) Any transitional provisions — for example, treatment of existing award obligations, contractual commitments, or the disposition of remaining appropriations — would be set out in the bill text; the legislative record provided here does not include those details.

Note: The full enacted bill text should be consulted for precise repeal language, cross-references to affected code sections, and any transitional or savings clauses that govern existing grants or contracts.

Who is affected

  • State agencies that administered or staffed the program (they will no longer be required to operate or oversee it).
  • Current or prospective grant recipients (nonprofits, local governments, businesses, agricultural producers, tribal entities, or other entities that would have applied for or received grants under the program).
  • State budget and appropriations — elimination of a program may reduce future appropriations or redirect administrative resources; exact fiscal impact depends on whether appropriations were ongoing or one-time and any outstanding obligations.

Potential impacts and considerations

  • Immediate: cessation of new grant awards under the repealed program.
  • Short-to-medium term: entities that relied on program funding may lose anticipated support; administrative staff may be reassigned or positions reduced.
  • Policy: reduces a state-directed tool for supporting participation in or development of climate markets; may affect the state’s climate strategy where those markets were a component.
  • Fiscal: potential savings if appropriations are eliminated; conversely, there may be obligations for previously authorized grants that must still be honored if the bill or existing law requires.

Legislative history (key actions)

  • Introduced in Senate (Health & Human Services) — March 21, 2025
  • Passed Senate Committee — April 10, 2025
  • Senate passed (third reading) — April 14, 2025
  • House committee and floor actions — April 14–30, 2025 (no amendments)
  • Sent to Governor — May 12, 2025
  • Signed by Governor — May 31, 2025

Sponsors

Primaries: Janice Rich; Tony Exum; Brandi Bradley; Cecelia Espenoza
Plus numerous cosponsors including R. Keltie, C. Richardson, J. Caldwell, C. Barron, and others.

For exact statutory changes, transitional language, and any fiscal notes, consult the enacted bill text and the accompanying fiscal analysis from the legislature.

Compiled from official sources — confirm details with the bill’s official record.

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