summary
Introduced
02/05/2024
02/05/2024
In Committee
02/05/2024
02/05/2024
Crossed Over
Passed
Dead
02/28/2024
02/28/2024
Introduced Session
2024 Regular Session
Bill Summary
The bill creates the empowerment scholarship program (program) in the department of education (department). The purpose of the program is to meet the educational needs of every eligible student by assisting with certain education expenses. The bill requires: ! The department to contract with an entity that will administer the program (administering entity); ! The department to transfer to the administering entity an amount equal to 80% of the prior budget year's statewide average of district per pupil funding for an eligible student who receives a scholarship, except to prorate the amount based on the amount of time remaining in the budget year if the eligible student is found eligible after the beginning of the budget year; ! The parent of an eligible student to apply to the administering entity for an empowerment scholarship account (account); ! A parent of an eligible student to only spend money in the account on defined eligible expenses; and ! The administering entity to oversee the program and comply with an audit to ensure scholarship money is spent on defined eligible expenses.
AI Summary
This bill creates the Empowerment Scholarship Program in the Colorado Department of Education. The purpose of the program is to meet the educational needs of eligible students by assisting with certain education expenses. The bill requires the Department to contract with an entity to administer the program, and to transfer 80% of the prior year's statewide average district per-pupil funding for each eligible student. Eligible students include those diagnosed with certain disabilities, residing on an Indian reservation, in foster care, or siblings of those with an empowerment scholarship account. Parents must apply to the administering entity, agree to use the funds only for eligible expenses, and annually confirm their student's continued eligibility. The administering entity is responsible for overseeing the program and complying with audits to ensure proper use of funds.
Committee Categories
Education
Sponsors (1)
Last Action
Senate Committee on Education Postpone Indefinitely (on 02/28/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://leg.colorado.gov/bills/sb24-122 |
| Fiscal Note FN2 | https://leg.colorado.gov/sites/default/files/documents/2024A/bills/fn/2024a_sb122_f1.pdf |
| Fiscal Note FN1 | https://leg.colorado.gov/sites/default/files/documents/2024A/bills/fn/2024a_sb122_00.pdf |
| BillText | https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_122_01.pdf |
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