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HB 24-1448

signed

New Public School Finance Formula

Plain-English Summary

AI-generated

House Bill 24-1448, also known as the New Public School Finance Formula, changes how Colorado funds its public schools. It aims to provide more equitable and adequate funding by adjusting how money is distributed based on student needs and district costs. This bill affects all public school districts in Colorado, ensuring they receive additional resources for students who require extra support, such as those from low-income families or with special education needs. Since the bill has been signed into law, it is now active and being implemented to improve funding distribution across schools in the state.

Official Summary

The length of the bill summary for this bill requires it to be published on a separate page here: https://leg.colorado.gov/hb24-1448-bill-summary (Note: This summary applies to this bill as enacted.)

Details

Chamber
House
First action
2024-05-23
Latest action
2024-04-11
Last action desc.
Introduced In House - Assigned to Education
OpenStates
View source ↗

Sponsors

Related Legislation

This bill affects (138)

amends
HB 17-1284(2017A)· signed
Data System Check For Employees Serving At-risk Adults
amends
HB 18-1159(2018A)· signed
Supplemental Appropriation - Dept Of Education
amends
HB 19-1151(2019A)· failed
Special Education Opportunity Scholarships
amends
SB 19-129(2019A)· signed
Regulation Of Online Schools
amends
HB 19-1312(2019A)· failed
School Immunization Requirements
amends
HB 19-1333(2019A)· failed
Cigarette Tobacco & Nicotine Products Tax
amends
SB 22-039(2022A)· signed
Funding For Educational Opportunities
amends
HB 22-1207(2022A)· signed
Choice In Low-performing School Districts
amends
SB 22-093(2022A)· signed
Expand Senior And Veteran Property Tax Exemptions
amends
SB 24-111(2024A)· signed
Senior Primary Residence Prop Tax Reduction
amends
SB 18-083(2018A)· signed
Education Income Tax Credits For Nonpublic School
amends
HB 19-1317(2019A)· failed
Income Tax Credit And Senior Property Tax Exemption
amends
SB 23-107(2023A)· signed
Senior And Veterans With Disabilities Property Tax Exemption
amends
SB 23-303(2023A)· signed
Reduce Property Taxes And Voter-approved Revenue Change
amends
HB 18-1376(2018A)· signed
Regulate Residential Services And Supports Providers
amends
SB 24-176(2024A)· signed
Update Medicaid Member Terminology
amends
HB 22-1171(2022A)· signed
Department of Education Supplemental
amends
HB 19-1258(2019A)· signed
Allocate Voter-approved Revenue For Education & Transportation
amends
HB 24-1179(2024A)· signed
2023 Property Tax Year Updated Abstract
amends
HB 24-1039(2024A)· signed
Non-Legal Name Changes
amends
HB 18-1156(2018A)· signed
Limit Penalties For Juvenile Truancy
amends
SB 23-108(2023A)· signed
Allowing Temporary Reductions In Property Tax Due
amends
HB 24-1394(2024A)· signed
Mill Levy Equalization
amends
HB 17-1343(2017A)· signed
Implement Conflict-free Case Management
amends
HB 19-1175(2019A)· signed
Property Tax Valuation Appeal Process
amends
HB 23-1301(2023A)· signed
Revisor's Bill
amends
HB 23-1235(2023A)· signed
Technical Modification To Department Of Early Childhood
amends
HB 21-1325(2021A)· signed
Funding Public Schools Formula
amends
HB 17-1089(2017A)· failed
Parent Choice In Low-performing School Districts
amends
HB 22-1395(2022A)· signed
Transportation Innovation Grant Program
amends
SB 18-092(2018A)· signed
Update References County Departments Social Services
amends
HB 23-1089(2023A)· signed
Special Education Services For Students In Foster Care
amends
HB 17-1001(2017A)· failed
Employee Leave Attend Child's Academic Activities
amends
SB 24-122(2024A)· signed
Empowerment Scholarship Accounts
amends
SB 19-108(2019A)· signed
Juvenile Justice Reform
amends
HB 17-1049(2017A)· signed
Eliminate Property Tax Abatement Refund Interest
amends
HB 18-1387(2018A)· signed
Eliminate Oil & Gas Abatement Refund Interest
amends
HB 22-1416(2022A)· signed
Property Tax Administrative Procedures
amends
HB 17-1187(2017A)· failed
Change Excess State Revenues Cap Growth Factor
amends
HB 22-1343(2022A)· signed
General Fund Exempt Account And Excess State Revenues
amends
SB 23B-004(2023B)· signed
Property Tax Relief
amends
HB 23B-1005(2023B)· signed
Matters Related To Tax Relief For Tax Year 2023
amends
HB 23B-1004(2023B)· signed
2023 Property Tax Reduction Policy Study
amends
SB 23B-001(2023B)· signed
2023 Property Tax Relief
amends
HB 19-1032(2019A)· signed
Comprehensive Human Sexuality Education
amends
HB 24-1070(2024A)· signed
Allowing Certain Items at School Graduation
amends
HB 20B-1009(2020B)· failed
Prohibit Reduction Of School Funding Fiscal Year 2020-21
amends
HB 18-1269(2018A)· signed
Parent Notice For Student Safety And Protection
amends
SB 19-241(2019A)· signed
Revisor's Bill
amends
HB 22-1295(2022A)· signed
Department Early Childhood And Universal Preschool Program
amends
HB 19-1194(2019A)· signed
School Discipline For Preschool Through Second Grade
amends
HB 24-1310(2024A)· signed
School Safety Measures
amends
SB 24-049(2024A)· signed
Content of Material in Libraries
amends
SB 17-160(2017A)· signed
Supplemental Appropriations Department of Education
amends
HB 17-1294(2017A)· signed
Counting ASCENT Program Students In Graduation Rate
amends
SB 23-036(2023A)· signed
Veterans With Disab Prop Tax Exemption Reqmnts
amends
HB 18-1171(2018A)· signed
School Finance Mid-year Adjustment To Funding
amends
SB 19-033(2019A)· failed
Automatic Law Waivers For School Districts
amends
SB 22-071(2022A)· signed
Learning Pods For Home-school Programs
amends
HB 22-1203(2022A)· signed
Income Tax Credits For Nonpublic Education
amends
HB 23-1029(2023A)· signed
Prohibit COVID-19 Vaccine To Minor Without Consent
amends
HB 23-1079(2023A)· signed
Income Tax Credits For Nonpublic Education
amends
SB 23-086(2023A)· signed
Student Leaders Institute
amends
SB 19-176(2019A)· signed
Expanding Concurrent Enrollment Opportunities
amends
SB 17-267(2017A)· signed
Sustainability Of Rural Colorado
amends
SB 17-060(2017A)· signed
Colorado Student Leaders Institute Relocation To Colorado Department Of Higher Education.
amends
SB 17-039(2017A)· failed
Education Income Tax Credits For Nonpublic School
amends
HB 18-1379(2018A)· signed
Public School Finance
amends
HB 22-1186(2022A)· signed
Adjustments To School Funding Fiscal Year 2021-22
amends
HB 22-1002(2022A)· signed
Fifth Year High School Concurrent Enrollment
amends
HB 22-1390(2022A)· signed
Public School Finance
amends
HB 17-1178(2017A)· failed
Administrative Flexibility For School Districts
amends
HB 17-1210(2017A)· failed
School Discipline For Preschool Through 2nd Grade
amends
HB 23-1025(2023A)· signed
Charter School Application Timelines
amends
HB 18-1355(2018A)· signed
Public Education Accountability System
amends
HB 19-1262(2019A)· signed
State Funding For Full-day Kindergarten
amends
SB 17-294(2017A)· signed
Revisor's Bill
amends
SB 23-219(2023A)· signed
Supports To Students And Facility Schools
amends
HB 19-1243(2019A)· failed
16-year-olds Voting School District Elections
amends
HB 23-1052(2023A)· signed
Mod Prop Tax Exemption For Veterans With Disab
amends
HB 19-1172(2019A)· signed
Title 12 Recodification And Reorganization
amends
SB 19-183(2019A)· signed
Alternate Procedure To Reorganize School Districts
amends
SB 17-114(2017A)· failed
Accountability For School Districts & Schools
amends
HB 22-1215(2022A)· signed
Study Of Expanding Extended High School Programs
amends
SB 23-115(2023A)· signed
Department of Education Supplemental
amends
SB 24-135(2024A)· signed
Modification of State Agency & Department Reporting Requirements
amends
HB 24-1393(2024A)· signed
Accelerating Concurrent Enrollment Program Modifications
amends
HB 24-1364(2024A)· signed
Education-Based Workforce Readiness
amends
HB 17-1375(2017A)· signed
Distributing Mill Levy Override Revenue To Schools
amends
SB 22-202(2022A)· signed
State Match For Mill Levy Override Revenue
amends
SB 23-287(2023A)· signed
Public School Finance
amends
HB 19-1112(2019A)· failed
Child Safety Accounts
extends
SB 24-233(2024A)· signed
Property Tax
relates
SB 23-051(2023A)· signed
Conforming Workforce Development Statutes
relates
SB 17-119(2017A)· failed
Restoration Of School District Mill Levies
relates
SB 17-296(2017A)· signed
Financing Public Schools
relates
HB 23B-1005(2023B)· signed
Matters Related To Tax Relief For Tax Year 2023
relates
SB 23-303(2023A)· signed
Reduce Property Taxes And Voter-approved Revenue Change
relates
SB 19-246(2019A)· signed
Public School Finance
relates
SB 23B-001(2023B)· signed
2023 Property Tax Relief
relates
SB 18-225(2018A)· signed
Definition Of Early College High Schools
relates
SB 23B-004(2023B)· signed
Property Tax Relief
relates
HB 18-1379(2018A)· signed
Public School Finance
relates
SB 17-294(2017A)· signed
Revisor's Bill
relates
HB 23B-1004(2023B)· signed
2023 Property Tax Reduction Policy Study
relates
SB 24-017(2024A)· signed
Distribution of State Share of District Total Program
relates
SB 22-039(2022A)· signed
Funding For Educational Opportunities
relates
SB 23-219(2023A)· signed
Supports To Students And Facility Schools
relates
HB 19-1243(2019A)· failed
16-year-olds Voting School District Elections
relates
SB 21-268(2021A)· signed
Public School Finance
relates
HB 22-1146(2022A)· signed
Investment of Public School Fund Study And Report
relates
SB 22-222(2022A)· signed
Amount Of Tax Owed Table For Initiatives
relates
SB 19-176(2019A)· signed
Expanding Concurrent Enrollment Opportunities
relates
HB 18-1005(2018A)· signed
Notice To Students Of Postsecondary Courses
relates
HB 22-1002(2022A)· signed
Fifth Year High School Concurrent Enrollment
relates
HB 22-1390(2022A)· signed
Public School Finance
relates
SB 19-183(2019A)· signed
Alternate Procedure To Reorganize School Districts
relates
HB 19-1206(2019A)· signed
Higher Education Supplemental Academic Instruction
repeals
SB 23-108(2023A)· signed
Allowing Temporary Reductions In Property Tax Due
repeals
HB 17-1089(2017A)· failed
Parent Choice In Low-performing School Districts
repeals
SB 24-088(2024A)· signed
Entity Authorizes Charter Schools Transparency
repeals
SB 24-188(2024A)· signed
Public School Finance
repeals
HB 24-1385(2024A)· signed
Department of Corrections Caseload Supplemental Appropriation Request Deadline
repeals
SB 22-202(2022A)· signed
State Match For Mill Levy Override Revenue
repeals
HB 17-1329(2017A)· signed
Reform Division Of Youth Corrections
repeals
HB 17-1375(2017A)· signed
Distributing Mill Levy Override Revenue To Schools
repeals
SB 17-200(2017A)· failed
Reward Excellence With Annual Redirected Dollars
repeals
SB 23-287(2023A)· signed
Public School Finance
repeals
SB 18-004(2018A)· signed
Funding For Full-day Kindergarten
repeals
SB 17-029(2017A)· failed
Funding For Full-day Kindergarten
repeals
SB 17-119(2017A)· failed
Restoration Of School District Mill Levies
repeals
HB 18-1229(2018A)· signed
Joint Committee Of Reference Review Of Department Budget Request
repeals
HB 18-1232(2018A)· signed
New School Funding Distribution Formula
repeals
SB 22-039(2022A)· signed
Funding For Educational Opportunities
repeals
HB 22-1207(2022A)· signed
Choice In Low-performing School Districts
repeals
SB 21-268(2021A)· signed
Public School Finance
repeals
SB 17-296(2017A)· signed
Financing Public Schools
repeals
SB 17-061(2017A)· failed
Additional Funding Charter School Operating Costs

Affected by (39)

amends
SB 25-119(2025A)· signed
Measures to Modify the Department of Early Childhood
amends
HB 26-1259(2026A)· signed
Department of Early Childhood Clean-Up
amends
SB 25-167(2025A)· signed
Invest State Funds to Benefit Communities
amends
HB 26-1384(2026A)· signed
Direct Transfers for Colorado Department of Labor & Employment School-to-Work Programs
amends
HB 24-1451(2024A)· signed
Include Hair Length in CROWN Act
amends
HB 24-1323(2024A)· signed
School Graduation Attire
amends
SB 25-276(2025A)· signed
Protect Civil Rights Immigration Status
amends
HB 26-1209(2026A)· failed
Temporary Decrease Statutory Property Tax Revenue Limits
amends
HB 24-1172(2024A)· signed
County Revitalization Authorities
amends
HB 25-1327(2025A)· signed
Modify Statewide Ballot Measure Processes
amends
HB 26-1174(2026A)· signed
School Finance Mid-Year Adjustments
amends
SB 25-315(2025A)· signed
Postsecondary & Workforce Readiness Programs
amends
SB 25-113(2025A)· signed
Mid-Year Adjustments to School Funding
amends
SB 24-188(2024A)· signed
Public School Finance
amends
SB 26-144(2026A)· signed
Modify Property Tax Lien Sales Treasurer Deeds & Fees
amends
HB 26-1293(2026A)· signed
Modernization of Requirements for Ballot Information Booklet
amends
HB 25-1320(2025A)· signed
School Finance Act
amends
SB 26-169(2026A)· signed
Revisor's Bill
amends
HB 26-1084(2026A)· passed
Voter Transparency in Ballot Measures
relates
HB 26-1364(2026A)· signed
2025 Consumer Price Index Calculation
relates
SB 25-221(2025A)· signed
School District Reporting Additional Mill Levy Revenue
relates
SB 25-153(2025A)· signed
Public School Financial Reporting Requirements
relates
HB 24B-1002(2024B)· signed
Primary Residence Real Property Valuation
relates
SB 26-116(2026A)· signed
Property Tax Modifications
relates
SB 26-145(2026A)· signed
Charter School Involvement in Local Ballot Questions
relates
SB 24-188(2024A)· signed
Public School Finance
relates
HB 24-1172(2024A)· signed
County Revitalization Authorities
relates
HB 24B-1001(2024B)· signed
Property Tax
relates
HB 24-1305(2024A)· signed
Changes for Concurrent Enrollment Students
relates
HB 25-1095(2025A)· signed
Petitioner Requirements in Certain Property Tax Appeals
relates
HB 26-1120(2026A)· signed
Mobile Home Property Taxation
relates
HB 26-1233(2026A)· signed
Property Tax Proceedings for Nonresidential Property
relates
SB 26-135(2026A)· passed
State Public K-12 Education Funding
relates
SB 25-223(2025A)· signed
Mill Levy Equalization & Institute Charter Schools
repeals
HB 25-1320(2025A)· signed
School Finance Act
repeals
HB 25-1199(2025A)· signed
Property Tax Payment Schedule
repeals
SB 25-315(2025A)· signed
Postsecondary & Workforce Readiness Programs
repeals
HB 24B-1001(2024B)· signed
Property Tax
repeals
HB 26-1357(2026A)· signed
Phase-Out of Teacher Recruitment Education and Preparation Program

Votes

REPASS
2024-05-08 · House · pass — Yes: 55 · No: 7 · Other: —
CONCUR
2024-05-08 · House · pass — Yes: 60 · No: 3 · Other: —
BILL
2024-05-07 · Senate · pass — Yes: 28 · No: 7 · Other: —
PERM
2024-05-01 · House · fail — Yes: 17 · No: 47 · Other: —
AMD
2024-05-01 · House · pass — Yes: 61 · No: 1 · Other: —
BILL
2024-05-01 · House · pass — Yes: 54 · No: 10 · Other: —
PERM
2024-05-01 · House · pass — Yes: 59 · No: 3 · Other: —