Educator Licensure Cash Fund

Since July 1, 2011, money in the educator licensure cash fund (fund), which includes educator license fees, has been continuously appropriated to the state board of education and the department of education (department) for expenses incurred in the administration of the "Colorado Educator Licensing Act of 1991". While the money is continuously appropriated, the department is required to report to legislative committees about its expenditures from the fund and about application processing time. Beginning with the next fiscal year, the general assembly is required to annually appropriate the money, and the reporting requirement is repealed.The act grants the department 3 more years of continuous appropriation authority, and it likewise extends the related reporting requirement.(Note: This summary applies to this bill as enacted.)