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SB 21-157 CO
Became Law

Increase Cap Charter School Moral Obligation Bonds

CO · session 2021A · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Mar 1, 2021

Latest action (Apr 15, 2021) Introduced In Senate - Assigned to Education

Summary

Under current law, if the Colorado educational and cultural facilities authority has issued qualified charter school bonds for a charter school that fails to immediately restore its qualified charter school debt service reserve fund (reserve fund) to the applicable reserve fund requirement, the general assembly may, but is not required to, appropriate money to restore any or all reserve fund requirements for an aggregate outstanding principal amount of bonds not to exceed $500 million. The act increases the cap for the aggregate outstanding principal amount of qualified charter school bonds for which the general assembly may restore reserve fund requirements to $750 million.(Note: This summary applies to this bill as enacted.)

Sponsors (3)
  • Kevin Priola · primary
  • Dafna Michaelson Jenet · primary
  • Mark Baisley Republican · primary

Action history (12)
  1. Apr 15, 2021 Governor Signed · executive
  2. Apr 8, 2021 Sent to the Governor · executive
  3. Apr 7, 2021 Signed by the Speaker of the House · lower
  4. Apr 7, 2021 Signed by the President of the Senate · upper
  5. Apr 6, 2021 House Third Reading Passed - No Amendments · lower
  6. Apr 5, 2021 House Second Reading Passed - No Amendments · lower
  7. Mar 31, 2021 House Committee on Education Refer Unamended to House Committee of the Whole · lower
  8. Mar 25, 2021 Introduced In House - Assigned to Education · lower
  9. Mar 23, 2021 Senate Third Reading Passed - No Amendments · upper
  10. Mar 22, 2021 Senate Second Reading Passed - No Amendments · upper
  11. Mar 17, 2021 Senate Committee on Education Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
  12. Mar 1, 2021 Introduced In Senate - Assigned to Education · upper

Text versions (8)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Signed Act (04/15/2021) · PDF
  • Final Act (04/07/2021) · PDF
  • Rerevised (04/06/2021) · PDF
  • Revised (04/05/2021) · PDF
  • Reengrossed (03/23/2021) · PDF
  • Engrossed (03/22/2021) · PDF
  • Introduced (03/01/2021) · PDF
  • Committee Amendment · PDF

Full text

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Data from OpenStates. View on OpenStates →