SB 25-215

Senate Bill 25-215 is a Colorado law that will end the Colorado Student Leaders Institute, which is run by the state's education department. The institute will be shut down on September 1, 2026, and until then, any leftover money in its fund will be returned to those who contributed or were involved with it. If there’s still money left after August 31, 2025, it will go into the state's general fund. Since the bill has been signed, the process of shutting down the institute and returning funds is now set to happen as planned.

Official Summary

The act repeals the Colorado student leaders institute (institute), created in the department of education (department), on September 1, 2026. Before institute's repeal, the act requires the department, in collaboration with the host institution of higher education that operates the institute and the advisory committee, to return, to the extent possible, money remaining in the Colorado student leaders institute cash fund (cash fund) to each grantor, donor, or student in an amount that is proportional to the grantor's, donor's, or student's share of the total amount of gifts, grants, donations, or student contributions deposited in the cash fund. If any money remains in the cash fund on August 31, 2025, the state treasurer shall, prior to the repeal of the cash fund, transfer all unexpended and unencumbered money in the cash fund to the general fund. (Note: This summary applies to this bill as enacted.)

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