§ 24-48.5-318. Allocation of Funding for Tier Iii Cultural Facilities Serving Historically Marginalized and Under-Resourced Communities – Repeal

1. The division shall allocate money appropriated to the creative industries cash fund pursuant to section 24-48.5-301 (2)(a)(VIII) to a nonprofit organization that administers the community arts, culture, transformation, and science (ACTS) fund, or any successor fund, to award capacity-building grants to cultural facilities described in section 32-13-107 (3)(c) that satisfy the following criteria:
   1. The cultural facility’s mission states a specific focus on defined historically marginalized and under-resourced communities or the cultural facility focuses at least fifty-one percent of its programming on engaging and supporting defined historically marginalized and under-resourced communities; and
   2. At least fifty-one percent of the board of directors or staff of the cultural facility consists of individuals from defined historically marginalized and under-resourced communities.
2. The nonprofit organization to which the division allocates money pursuant to subsection (1) of this section shall report to the division regarding the use of the money, including information about the recipients of capacity-building grants, how much money was allocated to each grant recipient, and how the grant recipients used the grant dollars. As part of the report required pursuant to section 24-48.5-316 (4), the division shall report information received from the nonprofit organization regarding the use of the money allocated pursuant to this section.
3. This section is repealed, effective December 31, 2022.

Source: L. 2021: Entire section added, (HB 21-1285), ch. 228, p. 1212, § 4, effective June 14.