HB 18-1366
signedAllow Local College District To Sell Or Lease Property
Plain-English Summary
AI-generatedHB 18-1366, a Colorado bill that has been signed into law, gives local college districts the ability to sell or lease their property. This means that these districts can now manage their real estate more flexibly, which could help them raise funds or adapt to changing needs. The bill affects local college districts across Colorado and allows them to make decisions about their properties without needing additional approval from the state for each transaction. Since it has been signed, the law is now in effect and these districts can start using this new authority immediately.
Official Summary
The bill provides local college districts with the authority to sell or lease district property. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
Details
- Chamber
- House
- First action
- 2018-05-25
- Latest action
- 2018-04-05
- Last action desc.
- Introduced In House - Assigned to Local Government
- OpenStates
- View source ↗
Sponsors
- Dylan Roberts (primary) · Democratic