SB 25-113 CO Became Law
Mid-Year Adjustments to School Funding
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Summary
The general assembly recognizes that for the 2024-25 budget year, the actual funded pupil count is higher than anticipated when the appropriation was established in the 2024 legislative session for total program funding for the 2024-25 budget year. In addition, local property tax revenue and specific ownership tax revenue are lower than anticipated, resulting in a decrease in the local share of total program funding for the 2024-25 budget year. The act declares the general assembly's intent to increase the state share of districts' total program funding by $64,076,611 for the 2024-25 budget year. The act adjusts a repeal date for the total program reserve fund. (Note: This summary applies to this bill as enacted.)
Sponsors (4)
- Jeff Bridges Democratic · primary
- Barbara Kirkmeyer Republican · primary
- Shannon Bird · primary
- Rick Taggart Republican · primary
11 coauthors / cosponsors
- J. Amabile Democratic · cosponsor
- E. Sirota Democratic · cosponsor
- C. Clifford Democratic · cosponsor
- M. Duran Democratic · cosponsor
- R. Gonzalez Republican · cosponsor
- R. Keltie Republican · cosponsor
- S. Lieder Democratic · cosponsor
- T. Mauro Democratic · cosponsor
- J. McCluskie Democratic · cosponsor
- T. Story Democratic · cosponsor
- A. Valdez Democratic · cosponsor
Action history (12)
- Feb 27, 2025 Governor Signed · executive
- Feb 21, 2025 Sent to the Governor · executive
- Feb 21, 2025 Signed by the Speaker of the House · lower
- Feb 21, 2025 Signed by the President of the Senate · upper
- Feb 13, 2025 House Third Reading Passed - No Amendments · lower
- Feb 12, 2025 House Second Reading Special Order - Passed - No Amendments · lower
- Feb 11, 2025 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
- Feb 6, 2025 Introduced In House - Assigned to Appropriations · lower
- Feb 6, 2025 Senate Third Reading Passed - No Amendments · upper
- Feb 5, 2025 Senate Second Reading Special Order - Passed - No Amendments · upper
- Feb 4, 2025 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
- Feb 3, 2025 Introduced In Senate - Assigned to Appropriations · upper
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