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SB 25-223 CO
Became Law

Mill Levy Equalization & Institute Charter Schools

CO · session 2025A · Senate · bill

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Introduced Mar 31, 2025

Latest action (Apr 28, 2025) Introduced In Senate - Assigned to Appropriations

Summary

Beginning with the 2025-26 budget year, and each budget year thereafter, the state charter school institute (institute) shall not distribute a portion of its appropriated mill levy equalization funds to multi-district online schools that are authorized by the institute. Beginning in the 2024-25 budget year, if the institute receives additional mill levy revenue from a school district for an institute charter school within the geographic boundary of the school district, the general assembly shall deduct the additional mill levy revenue from the amount necessary to fully fund mill levy equalization. The act decreases an appropriation from the state education fund to the department of education for use by the institute for mill levy equalization by $1,008,494. (Note: This summary applies to this bill as enacted.)

Sponsors (4)

8 coauthors / cosponsors

Action history (12)

  1. Apr 28, 2025 Governor Signed · executive
  2. Apr 17, 2025 Sent to the Governor · executive
  3. Apr 16, 2025 Signed by the Speaker of the House · lower
  4. Apr 16, 2025 Signed by the President of the Senate · upper
  5. Apr 10, 2025 House Third Reading Passed - No Amendments · lower
  6. Apr 9, 2025 House Second Reading Special Order - Passed - No Amendments · lower
  7. Apr 8, 2025 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
  8. Apr 3, 2025 Introduced In House - Assigned to Appropriations · lower
  9. Apr 3, 2025 Senate Third Reading Passed - No Amendments · upper
  10. Apr 2, 2025 Senate Second Reading Special Order - Passed - No Amendments · upper
  11. Apr 1, 2025 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
  12. Mar 31, 2025 Introduced In Senate - Assigned to Appropriations · upper

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