SB 17-147

Senate Bill 17-147 requires the Colorado Department of Personnel to create and share information with state employees about federal programs that can help them repay or forgive their student loans. This information must be updated yearly and distributed not only to state workers but also to other departments, educational institutions, nonprofit organizations, and local government entities for further distribution to their employees. Since the bill has been signed into law, these informational materials are now being prepared and shared with eligible recipients to help them understand and access federal loan repayment and forgiveness programs.

Official Summary

The bill requires the department of personnel to develop and annually distribute informational materials to state employees concerning federal student loan repayment programs and loan forgiveness programs for which state employees may be eligible. The department of personnel may use existing federal informational materials, if available. The informational materials may be distributed by e-mail or through a regular mailing or communication to state employees. The department of personnel shall update the materials at least annually and distribute any updated materials. In addition, the department of personnel must distribute the informational materials to: The department of education, for distribution to school district, charter school, institute charter school, and boards of cooperative services employees; The department of higher education, for distribution to employees at state institutions of higher education; The secretary of state, for distribution to nonprofit public service organizations, as defined in the bill, with encouragement for these organizations to distribute the informational materials to their employees; and The division of local government in the department of local affairs, for distribution to cities, counties, cities and counties, special districts, and other local government entities, with encouragement for those entities to distribute the informational materials to their employees.(Note: This summary applies to this bill as introduced.)

Votes