HB 26-1384

HB 26-1384, a Colorado bill that has been signed into law, allows school districts to directly transfer part of their monthly funding from the state public school fund to the Department of Labor and Employment for costs related to school-to-work programs. This means that instead of receiving all their funds upfront, schools can instruct the state to send a portion of these funds directly to support job training initiatives. The bill ensures that this direct payment does not count as additional spending under Colorado's constitutional budget limits. This change affects how funding is managed for education and workforce development programs in Colorado.

Official Summary

Pursuant to existing law, a school district (district) may direct, by written instruction to the state board of education (board), that a specified portion of its monthly payment of the state's share of the district's total program for the budget year be paid to the department of labor and employment to cover the district's costs for participation in school-to-work alliance programs. The board is required to certify to the state treasurer on a monthly basis the amount, if any, to be transferred directly to the department of labor and employment instead of paid to the district.     The act clarifies that the amount of money transferred from the state public school fund directly to the department of labor and employment for school-to-work alliance program costs instead of paid to a district is not state fiscal year spending for purposes of section 20 of article X of the state constitution.(Note: This summary applies to this bill as enacted.)

Topics

Related Legislation

Votes