SB 23-220

  • Colorado Senate Bill
  • 2023 Regular Session
  • Introduced in Senate Mar 30, 2023
  • Passed Senate Mar 30, 2023
  • Passed House Apr 06, 2023
  • Signed by Governor May 12, 2023

Public School Capital Construction Assistance Grants

Abstract

During the 2021 legislative session, the general assembly transferred $10 million from the general fund to the public school capital construction assistance fund (fund) and appropriated this money for air quality improvement grants for schools. Of the money transferred and appropriated for air quality improvement grants, $4,705,220 remains in the fund and has not been distributed. The appropriation for fiscal year 2021-22 has expired. The act specifies that the unspent money transferred and appropriated for air quality improvement grants must not be used for air quality improvement grants and instead must be used for financial assistance as provided in the "Building Excellent Schools Today Act". During the 2022 legislative session, the general assembly scheduled a transfer of $30 million from the marijuana tax cash fund to the fund for June 1, 2023. The act repeals this scheduled transfer before it occurs. For state fiscal year 2023-24, the act requires the public school capital construction assistance board (board) to allocate $49,705,220 from public school capital construction assistance board cash grants to be used for supplemental grants at schools experiencing capital construction project cost overruns as a result of COVID-19 inflationary pressure. The act changes the financial capacity factors for evaluating the match requirement for public school capital construction projects for school districts and boards of cooperative services. The new factors apply to grants awarded on or after September 1, 2023, and funded on or after July 1, 2024. The act transfers $15 million from the state education fund to the fund on June 1, 2023. $10 million in royalties and other payments for depletion or extraction of natural resources on state lands is credited to the fund for the 2022-23 state fiscal year. The act provides for a reduction of $294,780 in cash funds appropriated from the fund to the department of education for board cash grants in the 2023 long bill. APPROVED by Governor May 12, 2023 EFFECTIVE May 12, 2023 (Note: This summary applies to this bill as enacted.)

Bill Sponsors (4)

Votes


Actions


May 12, 2023

Office of the Governor

Governor Signed

May 04, 2023

Office of the Governor

Sent to the Governor

House

Signed by the Speaker of the House

May 03, 2023

Senate

Signed by the President of the Senate

Apr 27, 2023

Senate

Senate Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass

Apr 26, 2023

House

House Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass

Apr 10, 2023

Senate

Senate Considered House Amendments - Result was to Not Concur - Request Conference Committee

Apr 06, 2023

House

House Third Reading Passed - No Amendments

Apr 05, 2023

House

House Second Reading Special Order - Passed with Amendments - Floor

Apr 03, 2023

House

House Committee on Appropriations Refer Unamended to House Committee of the Whole

  • Committee-Passage
  • Referral-Committee
House Committee of the Whole Appropriations

Mar 30, 2023

House

Introduced In House - Assigned to Appropriations

  • Introduction
Appropriations

Senate

Senate Third Reading Passed - No Amendments

Mar 29, 2023

Senate

Senate Second Reading Special Order - Passed with Amendments - Committee

Mar 28, 2023

Senate

Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole

  • Committee-Passage
Appropriations

Mar 24, 2023

Senate

Introduced In Senate - Assigned to Appropriations

  • Introduction
Appropriations

Bill Text

Bill Text Versions Format
Signed Act (05/12/2023) PDF
Final Act (05/04/2023) PDF
Rerevised (04/06/2023) PDF
Revised (04/05/2023) PDF
Reengrossed (03/30/2023) PDF
Engrossed (03/29/2023) PDF
Introduced (03/24/2023) PDF
PA1 (03/28/2023) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note SA1 (03/27/2023) PDF
Fiscal Note SA2 (03/31/2023) PDF
Fiscal Note FN1 (03/27/2023) PDF
Fiscal Note FN2 (04/12/2023) PDF
Fiscal Note FN3 (07/11/2023) PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.