HB 1345 CO

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Became Law

The act changes the higher education funding provisions, effective for the 2027-28 state fiscal year.     Under current law, a state institution of higher education's governing board's annual fee-for-service contract includes funding calculated based on 3 components: Ongoing additional funding, performance funding, and temporary additional funding. The act:Changes the name of the funding from 'performance funding' to 'results-informed funding';Redefines terms and metrics that are used to determine results-informed funding; andReorders the components and eliminates current statutory language that requires sequential calculation of the components.     For the 2026-27 state fiscal year, the act prohibits the commission on higher education from allocating money to nonpublic institutions of higher education, private institutions of higher education, or proprietary institutions of higher education for it students under a financial assistance program or a work-study program.(Note: This summary applies to this bill as enacted.)

• E. Hamrick Democratic · sponsor
• J. McCluskie Democratic · sponsor
• J. Coleman Democratic · sponsor
• C. Simpson Republican · sponsor

1. Jun 4, 2026 Governor Signed · executive
2. Jun 3, 2026 Sent to the Governor · executive
3. Jun 3, 2026 Signed by the President of the Senate · upper
4. Jun 3, 2026 Signed by the Speaker of the House · lower
5. May 12, 2026 House Considered Senate Amendments - Result was to Concur - Repass · lower
6. May 11, 2026 Senate Third Reading Passed - No Amendments · upper
7. May 8, 2026 Senate Second Reading Special Order - Passed with Amendments - Committee · upper
8. May 6, 2026 Senate Committee on Education Refer Amended - Consent Calendar to Senate Committee of the Whole · upper
9. May 1, 2026 Introduced In Senate - Assigned to Education · upper
10. Apr 30, 2026 House Third Reading Passed - No Amendments · lower
11. Apr 29, 2026 House Second Reading Special Order - Passed - No Amendments · lower
12. Apr 28, 2026 House Second Reading Laid Over Daily - No Amendments · lower
13. Apr 23, 2026 House Committee on Education Refer Unamended to House Committee of the Whole · lower
14. Mar 31, 2026 Introduced In House - Assigned to Education · lower