SB 21-157

  • Colorado Senate Bill
  • 2021 Regular Session
  • Introduced in Senate Mar 25, 2021
  • Passed Senate Mar 23, 2021
  • Passed House Apr 06, 2021
  • Signed by Governor Apr 15, 2021

Increase Cap Charter School Moral Obligation Bonds

Abstract

Under current law, if the Colorado educational and cultural facilities authority has issued qualified charter school bonds for a charter school that fails to immediately restore its qualified charter school debt service reserve fund (reserve fund) to the applicable reserve fund requirement, the general assembly may, but is not required to, appropriate money to restore any or all reserve fund requirements. The general assembly may appropriate money to restore reserve fund requirements for an aggregate outstanding principal amount of bonds not to exceed $500 million. The bill increases the cap for the aggregate outstanding principal amount of qualified charter school bonds for which the general assembly may restore reserve fund requirements to $750 million.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Bill Sponsors (3)

Votes


Mar 23, 2021

Apr 06, 2021

Actions


Apr 15, 2021

Office of the Governor

Governor Signed

Apr 08, 2021

Office of the Governor

Sent to the Governor

Apr 07, 2021

House

Signed by the Speaker of the House

Senate

Signed by the President of the Senate

Apr 06, 2021

House

House Third Reading Passed - No Amendments

Apr 05, 2021

House

House Second Reading Passed - No Amendments

Mar 31, 2021

House

House Committee on Education Refer Unamended to House Committee of the Whole

  • Committee-Passage
  • Referral-Committee
House Committee of the Whole Education

Mar 25, 2021

House

Introduced In House - Assigned to Education

  • Introduction
Education

Mar 23, 2021

Senate

Senate Third Reading Passed - No Amendments

Mar 22, 2021

Senate

Senate Second Reading Passed - No Amendments

Mar 17, 2021

Senate

Senate Committee on Education Refer Unamended - Consent Calendar to Senate Committee of the Whole

  • Committee-Passage
Education

Mar 01, 2021

Senate

Introduced In Senate - Assigned to Education

  • Introduction
Education

Bill Text

Bill Text Versions Format
Signed Act (04/15/2021) PDF
Final Act (04/07/2021) PDF
Rerevised (04/06/2021) PDF
Revised (04/05/2021) PDF
Reengrossed (03/23/2021) PDF
Engrossed (03/22/2021) PDF
Introduced (03/01/2021) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note FN1 (03/16/2021) PDF

Sources

Data on Open States is updated nightly from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.