HB 24-1424
signedCollege Opportunity Fund Transfer to General Fund
Plain-English Summary
AI-generatedHouse Bill 24-1424 requires the state treasurer to move $1.496 million from a fund that helps pay for college tuition to the general fund, which is used for various government expenses. This transfer will happen on June 30, 2024. The bill affects students who benefit from the College Opportunity Fund by potentially reducing available funding for their education costs. Governor Jared Polis signed the bill into law on April 18, 2024, and it is now in effect.
Official Summary
The act requires the state treasurer to transfer $1,496,000 from the college opportunity fund to the general fund on June 30, 2024. APPROVED by Governor April 18, 2024 EFFECTIVE April 18, 2024(Note: This summary applies to this bill as enacted.)
Details
- Chamber
- House
- First action
- 2024-04-18
- Latest action
- 2024-03-25
- Last action desc.
- Introduced In House - Assigned to Appropriations
- OpenStates
- View source ↗
Sponsors
- Rick Taggart (primary) · Republican
- Barbara Kirkmeyer (primary) · Republican
Related Legislation
This bill affects (7)
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Affected by (4)
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Votes
BILL
2024-04-05 · Senate · pass — Yes: 24 · No: 0 · Other: —
BILL
2024-04-01 · House · pass — Yes: 53 · No: 11 · Other: —