HB 24-1389

House Bill 24-1389 provides $24 million in one-time funding for Colorado school districts and charter schools that enroll new students arriving after the official enrollment count day for the 2023-2024 academic year. The funding is distributed based on the number of these new arrival students, with each student receiving up to $4,500, depending on available funds. This bill has been signed into law and took effect on April 18, 2024, meaning that eligible schools can now apply for this additional support.

Official Summary

For the 2023-24 budget year, the act appropriates $24 million from the state education fund to the department of education (department) to distribute one-time funding to school districts and institute charter schools that enrolled new arrival students after the 2023-24 pupil enrollment count day. The act provides to each school district and each institute charter school that requests funding pursuant to the act: An amount determined by a tiered schedule that is based on the total number of new arrival students who enrolled in the school district or institute charter schools after the 2023-24 pupil enrollment count day; and $4,500 for each student who is in the school district's or institute charter school's total net student population or total new arrival student population, whichever is lesser; except that, if the amount appropriated is insufficient to meet the demand, the department is required to proportionately reduce the $4,500 amount. APPROVED by Governor April 18, 2024 EFFECTIVE April 18, 2024(Note: This summary applies to this bill as enacted.)

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