The act increases the amounts of certain fees, with subsequent adjustments for inflation or deflation, for filing forms and annual reports relating to exemptions of real and personal property from taxation as follows: The fee for claiming an initial exemption of real and personal property is increased from $175 to $200; The fee for filing an annual report containing information relating to property that has been granted exemption from taxation in previous years is increased from $75 to $110; The fee for filing a late annual report containing information relating to property that has been granted exemption from taxation in previous years that is filed later than April 15, but prior to July 1, is increased from $250 to $300; and The fee for filing a delinquent annual report containing information relating to property that has been granted exemption from taxation in previous years that is filed within a 12-month period commencing on July 1 of the year in which the annual report was due is increased from $250 to $300. The act requires the property tax administrator to adjust the filing fees for inflation or deflation annually and to round the adjusted amount upward or downward to the nearest $5. APPROVED by Governor April 18, 2024 EFFECTIVE July 1, 2024(Note: This summary applies to this bill as enacted.)
Sponsored bills
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.)
Under current law, the accelerating students through concurrent enrollment (ASCENT) program is available to all qualified students who are designated to participate by their local education provider. The act: Starting in the 2025-26 state fiscal year, caps the number of qualified students who participate in the ASCENT program at the number of qualified students who participated in the ASCENT program in the 2024-25 state fiscal year; and Creates additional eligibility requirements to participate in the ASCENT program. The act requires the department of education to submit a report to the education committees of the house and the senate and the joint budget committee regarding the ASCENT program. Under current law, the district's total program formula includes funding for a district's extended high school pupil enrollment, determined by the district's number of pupils who are concurrently enrolled in a postsecondary course multiplied by a dollar amount that annually increases. Starting in the 2024-25 state fiscal year, the act amends the district's extended high school funding formula to cap the dollar amount that is multiplied by the district's ASCENT program students within the district's extended high school funding formula. For purposes of the act, the cash funds appropriation made in the annual general appropriation act for the 2024-25 state fiscal year is reduced by $1,081,762, and for the 2024-25 state fiscal year, the general assembly appropriates $45,600 to the department of education. APPROVED by Governor April 18, 2024 PORTIONS EFFECTIVE April 18, 2024 PORTIONS EFFECTIVE July 1, 2024(Note: This summary applies to this bill as enacted.)
The act increases the percentage of the master settlement money (money) received by the state that is credited to the tobacco litigation settlement cash fund and is subsequently transferred to the nurse home visitor program fund (fund) from 26.7% to 28.7%. The 2% increase is attributable to the percentage of money from the tobacco litigation settlement cash fund that was previously transferred to the Colorado autism treatment fund, which was repealed in 2023 when several services that had been provided under the home- and community-based services waiver program were moved to a new community first choice option under the state medicaid program that is funded through the general fund. For the 2024-25 state fiscal year, the act appropriates $1,734,924 from the fund to the department of early childhood to be used by the division of community and family support for home visiting. APPROVED by Governor April 18, 2024 EFFECTIVE April 18, 2024(Note: This summary applies to this bill as enacted.)
Current law suspends certain provisions related to medicaid eligibility until June 1, 2024. The act extends the suspension of those provisions until January 1, 2025. The act authorizes the department of health care policy and financing (state department) to seek federal authorization to not require additional verification during a medicaid member's (member) eligibility reenrollment process if information about the member's income or assets is not verified through a federally approved electronic data source. For a member's income verification, the act authorizes the state department to use the information on file or the information that was originally collected during the application process to determine whether the member is eligible for reenrollment. The state department shall require additional income verification if information about a member's income is not verified through a federally approved electronic data source for 2 or more consecutive years or as specified through federal authorization. For a member's asset verification, the state department may complete the member's eligibility reenrollment process without any additional asset verification if there has been no change in the member's assets since the initial verification during the application process or as specified through federal authorization. The act authorizes the state department to seek federal authorization to delay a member's procedural termination during the reenrollment process to allow the member to continue receiving necessary services during the reenrollment process. The act authorizes the state department to apply this delay in procedural termination to a specific population or as specified through federal authorization. The act authorizes the state department to seek federal authorization to allow an applicant's or member's eligibility for reenrollment to be based on financial findings from the supplemental nutrition assistance program, the temporary assistance for needy families program, and other means-tested benefit programs administered through the Colorado benefits management system. The state department may apply financial eligibility for medicaid to individuals whose gross income program and assets for applicable means-tested benefit programs are below applicable medicaid limits, regardless of differences in household composition and income-counting rules between programs or as specified through federal authorization. APPROVED by Governor April 18, 2024 EFFECTIVE April 18, 2024(Note: This summary applies to this bill as enacted.)
The act requires the office of information technology (office) in the office of the governor to evaluate, or contract with a third party to evaluate, the information technology functions and services of the department of higher education (department) for the purpose of assessing possibilities for consolidating existing information technology functions and services with those information technology functions and services managed by the office, and if the evaluation shows that consolidation would be beneficial, create a proposed plan and accompanying budget for consolidating the department's information technology functions and services with those information technology functions and services managed by the office. The act appropriates $280,000 for the 2024-25 state fiscal year from the general fund to the governor's office for allocation to the office of the governor to implement the act. APPROVED by Governor April 18, 2024 EFFECTIVE April 18, 2024(Note: This summary applies to this bill as enacted.)
Joint Budget Committee. The bill requires the state treasurer to transfer $120,000 from the unused state-owned real property fund to the general fund on July 1, 2024.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
The general assembly recognizes that the actual funded pupil count and the at-risk pupil count for the 2023-24 budget year are higher than expected when the appropriation amount for the state share of total program funding was established during the 2023 legislative session, resulting in an increase in total program funding for the 2023-24 budget year. In addition, local property tax revenue and specific ownership tax revenue are higher than anticipated, resulting in an increase in the local share of total program funding for the 2023-24 budget year. The act declares the general assembly's intent to maintain the budget stabilization factor at the amount of the original appropriation for the 2023-24 budget year. The act decreases the appropriation for the state share of total program funding by $23,964,790 in cash funds from the state education fund and adjusts the 2023-24 state fiscal year long bill accordingly. APPROVED by Governor March 8, 2024 EFFECTIVE March 8, 2024(Note: This summary applies to this bill as enacted.)
The America 250 - Colorado 150 commission (commission) was created in history Colorado to develop programs and plan for the official observance across Colorado of the 250th anniversary of the founding of the United States, as marked by the Declaration of Independence in 1776, and the 150th anniversary of Colorado statehood (the anniversaries). The commission's powers and duties include marketing to support commemorative events and involvement in local opportunities for public discussion, commemorative events, and historical and educational activities regarding the anniversaries. The act creates a temporary cash fund that is continuously appropriated to the commission through history Colorado for earned revenue received from sale of items commemorating the anniversaries (fund) and any other money that the general assembly may appropriate or transfer to the fund. The commission will use money from the fund to provide grants to local communities to assist recipient communities providing local opportunities in connection with commemorating the anniversaries and must provide an annual report to the joint budget committee regarding grants that are awarded. Money from the fund may also be used by the commission to administer, implement, and effectuate community grants. APPROVED by Governor March 8, 2024 EFFECTIVE March 8, 2024(Note: This summary applies to this bill as enacted.)