Senate Committee of Reference Report
Committee on Education
- Strikethrough:
- removed from existing law
- Screen Reader Only:
- all text indicated as strikethrough will begin as 'deleted from existing statue' and finish with 'end deletion'
- All-caps or Bold and Italic:
- added to existing law
- Screen Reader Only:
- all text indicated as all-caps or bold and italic will begin as 'added to existing law' and finish with 'end insertion'
April 30, 2025
After consideration on the merits, the Committee recommends the following:
HB25-1320 be amended as follows, and as so amended, be referred to the Committee on Appropriations with favorable recommendation:
Page 1, Line 1Amend reengrossed bill, page 5, after line 22 insert:
Page 1, Line 2"SECTION 2. In Colorado Revised Statutes, add 22-30.5-112.4
Page 1, Line 3as follows:
Page 1, Line 422-30.5-112.4. Charter school alignment with total program
Page 1, Line 5formula. (1) To ensure the general assembly's continued
Page 1, Line 6commitment to implementing the new school finance formula,
Page 1, Line 7the general assembly shall consult a statewide association
Page 1, Line 8that represents school districts and a statewide association
Page 1, Line 9that represents charter schools regarding the alignment of
Page 1, Line 10charter schools into the implementation of the new school
Page 1, Line 11finance formula. The consultation must include and consider
Page 1, Line 12the opinions of district charter schools, institute charter
Page 1, Line 13schools, and superintendents and chief financial officers of
Page 1, Line 14small rural school districts, rural school districts, and
Page 1, Line 15suburban school districts.".
Page 1, Line 16Renumber succeeding sections accordingly.
Page 1, Line 17Page 14, line 11, strike "and (12)(d);" and substitute "(12)(d), and
Page 1, Line 18(12)(e);".
Page 1, Line 19Page 24, after line 2 insert:
Page 1, Line 20"(e) (I) Notwithstanding subsection (12)(d) of this section, if a
Page 1, Line 21district does not align with a classification issued by the national center
Page 1, Line 22for education statistics, the department of education shall designate the
Page 1, Line 23district's locale factor based on considerations that align it with a similarly
Page 1, Line 24situated district that has a classification issued by the national center for
Page 1, Line 25education statistics. If the department of education is required to
Page 2, Line 1designate the district's locale factor pursuant to this subsection (12)(e), the
Page 2, Line 2department of education shall consult with legislative counsel staff
Page 2, Line 3concerning the adjustment for any information necessary to make an
Page 2, Line 4appropriate designation.
Page 2, Line 5(II) For purposes of this subsection (12)(e), the department
Page 2, Line 6may exclude from the district's funded pupil count that is used
Page 2, Line 7to determine a district's locale factor pursuant to subsection
Page 2, Line 8(12)(b) of this section the number of pupils on the pupil
Page 2, Line 9enrollment count day within the applicable budget year
Page 2, Line 10enrolled in, attending, and actively participating in a
Page 2, Line 11multi-district online school, as defined in section 22-30.7-102,
Page 2, Line 12created pursuant to article 30.7 of this title 22.".
Page 2, Line 13Page 27, after line 12 insert:
Page 2, Line 14"SECTION 13. In Colorado Revised Statutes, 22-41-102, amend
Page 2, Line 15(3)(i)(IV), (3)(j)(IV), and (3)(k)(III) as follows:
Page 2, Line 1622-41-102. Fund inviolate. (3) (i) For the 2024-25 state fiscal
Page 2, Line 17year, interest and income earned on the investment of the money in the
Page 2, Line 18public school fund must be used or credited as follows:
Page 2, Line 19(IV) Any additional interest and income remaining in the public
Page 2, Line 20school fund may be credited as specified by the general assembly, taking
Page 2, Line 21into consideration the recommendations of the public school fund
Page 2, Line 22investment board described in section 22-41-102.5 (4)(a)(III), or, if not
Page 2, Line 23credited pursuant to this subsection (3)(i)(IV), remains in the public
Page 2, Line 24school fund is credited to the public school capital construction
Page 2, Line 25assistance fund pursuant to section 22-43.7-104 (2)(d.5).
Page 2, Line 26(j) For the 2025-26 state fiscal year, interest and income earned on
Page 2, Line 27the investment of the money in the public school fund must be used or
Page 2, Line 28credited as follows:
Page 2, Line 29(IV) Any additional interest and income remaining in the public
Page 2, Line 30school fund may be credited as specified by the general assembly, taking
Page 2, Line 31into consideration the recommendations of the public school fund
Page 2, Line 32investment board described in section 22-41-102.5 (4)(a)(III), or, if not
Page 2, Line 33credited pursuant to this subsection (3)(j)(IV), remains in the public
Page 2, Line 34school fund is credited to the public school capital construction
Page 2, Line 35assistance fund pursuant to section 22-43.7-104 (2)(d.5).
Page 2, Line 36(k) For the 2026-27 state fiscal year and each state fiscal year
Page 2, Line 37thereafter, interest and income earned on the investment of the money in
Page 2, Line 38the public school fund must be used or credited as follows:
Page 2, Line 39(III) Any additional interest and income remaining in the public
Page 2, Line 40school fund may be credited as specified by the general assembly, taking
Page 2, Line 41into consideration the recommendations of the public school fund
Page 2, Line 42investment board described in section 22-41-102.5 (4)(a)(III), or, if not
Page 3, Line 1credited pursuant to this subsection (3)(k)(III), remains in the public
Page 3, Line 2school fund is credited to the public school capital construction
Page 3, Line 3assistance fund pursuant to section 22-43.7-104 (2)(d.5).".
Page 3, Line 4Renumber succeeding sections accordingly.
Page 3, Line 5Page 27, line 14, after "add" insert "(2)(d.5) and".
Page 3, Line 6Page 28, after line 14 insert:
Page 3, Line 7"(II) Notwithstanding subsection (1)(b)(I) of this section,
Page 3, Line 8the total amount of revenue described in subsection (1)(b)(I) of
Page 3, Line 9this section does not include money credited to the assistance
Page 3, Line 10fund pursuant to subsection (2)(d.5) of this section.".
Page 3, Line 11Renumber succeeding subparagraph accordingly.
Page 3, Line 12Page 30, after line 10 insert:
Page 3, Line 13"(d.5) For the 2024-25 state fiscal year and each state
Page 3, Line 14fiscal year thereafter, the state treasurer shall credit to the
Page 3, Line 15assistance fund the additional interest and income remaining in
Page 3, Line 16the public school fund pursuant to section 22-41-102 (3)(i)(IV),
Page 3, Line 17(3)(j)(IV), and (3)(k)(III).".
Page 3, Line 18Page 31, lines 17 and 18, strike "2025-26, 2026-27, or 2027-28" and
Page 3, Line 19substitute "2025-26 or 2026-27".