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SB 25-114

signed

Repeal of the FLEX Program

Plain-English Summary

AI-generated

Senate Bill 25-114 ends the Financial Literacy and Exchange (FLEX) program in Colorado. On June 30, 2025, any remaining money from the FLEX fund will be moved into the state's general fund, and the program itself will cease to operate on July 1, 2025. This affects anyone who benefits from or contributes to the FLEX program. Since the bill has been signed, the FLEX program is set to end as scheduled unless there are changes made before these dates.

Official Summary

The act transfers all the unexpended and unencumbered money in the financial literacy and exchange (FLEX) fund to the general fund on June 30, 2025, and repeals the FLEX program on July 1, 2025. (Note: This summary applies to this bill as enacted.)

Details

Chamber
Senate
First action
2025-02-27
Latest action
2025-02-03
Last action desc.
Introduced In Senate - Assigned to Appropriations
OpenStates
View source ↗

Sponsors

Related Legislation

This bill affects (10)

relates
SB 22-072(2022A)· signed
Grants To Incentivize Home Use For Renters
relates
SB 22-159(2022A)· signed
Revolving Loan Fund Invest Affordable Housing
relates
HB 22-1411(2022A)· signed
Money From Coronavirus State Fiscal Recovery Fund
relates
HB 22-1378(2022A)· signed
Denver-metro Regional Navigation Campus Grant
relates
HB 22-1377(2022A)· signed
Grant Program Providing Responses To Homelessness
relates
SB 22-211(2022A)· signed
Repurpose The Ridge View Campus
relates
HB 22-1304(2022A)· signed
State Grants Investments Local Affordable Housing
relates
SB 22-231(2022A)· signed
Programs To Develop Housing Support Services
relates
SB 22-160(2022A)· signed
Loan Program Resident-owned Communities
relates
HB 22-1389(2022A)· signed
Financial Literacy Exchange Program

Affected by (0)

None found.

Votes

BILL
2025-02-13 · House · passYes: 65 · No: 0 · Other:
BILL
2025-02-06 · Senate · passYes: 31 · No: 0 · Other: