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HB24-1405

Higher Education Special Education Services Funding Medicaid Match

Concerning the increased money received pursuant to the federal "Families First Coronavirus Response Act" used for health services at the university of Colorado, and, in connection therewith, reducing an appropriation.
Session:
2024 Regular Session
Subject:
Higher Education
Bill Summary

Under existing law, the appropriation to the university of Colorado for fee-for-service contracts for health services is reduced by a certain amount of additional medicaid reimbursements and payments received by the state pursuant to the federal"Families First Coronavirus Response Act" (additional medicaid payments) through December 31, 2024. The act continues this provision until July 1, 2026.

As additional medicaid payments are phased out, the general fund appropriation to the university of Colorado for fee-for-service contracts is increased. The act exempts the increased general fund appropriations in the 2024-25 and 2025-26 state fiscal years made as a result of the phased out additional medicaid payments from the required annual increase in student financial assistance.

The act reduces the appropriation to the department of higher education for the 2024-25 state fiscal year for need-based grants by $2,273,392.

APPROVED by Governor April 18, 2024

EFFECTIVE April 18, 2024
(Note: This summary applies to this bill as enacted.)

Status

Introduced
Passed
Became Law

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Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    04/18/2024 Signed Act PDF
    04/12/2024 Final Act PDF
    04/05/2024 Rerevised PDF
    04/04/2024 Revised PDF
    04/01/2024 Reengrossed PDF
    03/28/2024 Engrossed PDF
    03/25/2024 Introduced PDF

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details