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SB 22-121 CO
Became Law

Tuition Revenue Pledged By Institution Higher Education

CO · session 2022A · Senate · bill

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

Introduced Feb 3, 2022

Latest action (Apr 7, 2022) Introduced In Senate - Assigned to Education

Summary

The act increases, from 10% to 100%, the amount of tuition revenues that a governing board of an institution of higher education or group of institutions of higher education designated as an enterprise may pledge in a contract for the advancement of money. If an institution of higher education issues a revenue bond and the governing board of the institution wants the bond to be an intercept bond, the act raises the amount of the pledged revenue for the new intercept bond from not less than 10% of tuition to not less than 100% of tuition if the institution is an enterprise. (Note: This summary applies to this bill as enacted.)

Sponsors (4)
  • Rachel Zenzinger · primary
  • Cleave Simpson Republican · primary
  • Janice Rich · primary
  • Barbara McLachlan · primary

Action history (13)
  1. Apr 7, 2022 Governor Signed · executive
  2. Apr 1, 2022 Sent to the Governor · executive
  3. Apr 1, 2022 Signed by the Speaker of the House · lower
  4. Mar 30, 2022 Signed by the President of the Senate · upper
  5. Mar 25, 2022 House Third Reading Passed - No Amendments · lower
  6. Mar 23, 2022 House Third Reading Laid Over Daily - No Amendments · lower
  7. Mar 22, 2022 House Second Reading Passed - No Amendments · lower
  8. Mar 17, 2022 House Committee on Education Refer Unamended to House Committee of the Whole · lower
  9. Feb 24, 2022 Introduced In House - Assigned to Education · lower
  10. Feb 24, 2022 Senate Third Reading Passed - No Amendments · upper
  11. Feb 23, 2022 Senate Second Reading Passed - No Amendments · upper
  12. Feb 17, 2022 Senate Committee on Education Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
  13. Feb 3, 2022 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 (04/07/2022) · PDF
  • Final Act (04/01/2022) · PDF
  • Rerevised (03/25/2022) · PDF
  • Revised (03/22/2022) · PDF
  • Reengrossed (02/24/2022) · PDF
  • Engrossed (02/23/2022) · PDF
  • Introduced (02/03/2022) · PDF
  • Committee Amendment · PDF

Full text

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Data from OpenStates. View on OpenStates →