SB 23-218

Senate Bill 23-218 removes a limit on the amount of money that can be spent by the Colorado Department of Education for administrative costs related to the school transformation grant program. For the 2023-24 budget year, $115,785 has been set aside from the general fund specifically for this purpose. The bill was signed into law on April 17, 2023, and became effective immediately on that same day. This means the Department of Education can now allocate more funds as needed to manage the grant program without being restricted by a previous cap.

Official Summary

The act repeals the cap on the amount of money the department of education (department) may expend on administrative costs for the school transformation grant program. For the 2023-24 budget year, $115,785 is appropriated from the general fund to the department for the school transformation grant program. APPROVED by Governor April 17, 2023 EFFECTIVE April 17, 2023 (Note: This summary applies to this bill as enacted.)

Votes