HB 26-1292

House Bill 26-1292, now signed into law, deals with scholarship granting organizations in Colorado. It allows the state to participate in a federal program that offers tax credits for contributions to these organizations, which provide scholarships to students. The bill also requires schools receiving funds from such organizations to follow nondiscrimination policies and laws related to students with disabilities. If a school fails to comply, it could face legal action and lose eligibility for funding from scholarship granting organizations. This law affects both the scholarship organizations and schools that accept their financial support.

Official Summary

If the state voluntarily elects to participate in a federal program that provides a tax credit for a qualified contribution to a scholarship granting organization, the bill requires the state to include all eligible scholarship granting organizations on its list identifying scholarship granting organizations to the federal government.If a school enrolls a student whose education-related expenses are paid, in whole or in part, by a scholarship granting organization, the bill requires the school to comply with nondiscrimination requirements and laws concerning students with disabilities.If the school that is subject to these requirements violates a requirement, the school is subject to an injunction and may have its eligibility to receive money for a student whose education-related expenses are paid by a scholarship granting organization suspended.(Note: This summary applies to this bill as introduced.)

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