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First Regular Session | 75th General Assembly
Colorado General Assembly
SB21-083

Higher Education Student Financial Assistance Funding

Type Bill
Session 2021 Regular Session
Subjects
Higher Education

Concerning the modification of the requirement for the fiscal year 2021-22 that the annual appropriations for student financial assistance for higher education increase by at least the same percentage as the aggregate percentage increase of all general fund appropriations to institutions of higher education.

Bill Summary:



The act modifies the requirement for the 2021-22 fiscal year that the annual appropriations for higher education student financial assistance increase by at least the same percentage as the aggregate percentage increase of all general fund appropriations to institutions of higher education. The act clarifies that this standard increase will not apply to appropriations for the 2021-22 fiscal year for increases in funding for the institutions of higher education that restore aggregate general fund appropriations to a level at or below the level of such appropriations for the 2019-20 fiscal year. Furthermore, for the 2021-22 fiscal year, the standard formula will be calculated based on 2020-21 fiscal year financial aid appropriations during the 2020 legislative session and does not include supplemental appropriations for financial aid during the 2021 legislative session.

(Note: This summary applies to this bill as enacted.)

Prime Sponsors

Senator Chris Hansen

Senator

Chris Hansen

Representative Leslie Herod

Representative

Leslie Herod

Committees

Senate

Appropriations

House

Appropriations

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
03/21/2021 Signed Act PDF
03/12/2021 Final Act PDF
03/05/2021 Rerevised PDF
03/04/2021 Revised PDF
02/26/2021 Reengrossed PDF
02/25/2021 Engrossed PDF
02/16/2021 Introduced PDF
Date Version Documents
08/13/2021 FN2 PDF
02/18/2021 FN1 PDF
Date Version Documents
03/01/2021 SA2 PDF
02/22/2021 SA1 PDF
Activity Vote Documents
Refer Senate Bill 21-083 to the Committee of the Whole. The motion passed on a vote of 10-1. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Refer Senate Bill 21-083 to the Committee of the Whole. The motion passed on a vote of 6-1. Vote summary
Hearing Summary
|
Committee Report:  PDF
Date Calendar Motion Vote Vote Document
03/05/2021 Third Reading BILL
43
AYE
20
NO
2
OTHER
 		Vote record
Date Calendar Motion Vote Vote Document
02/26/2021 Third Reading BILL
27
AYE
7
NO
1
OTHER
 		Vote record
Date Location Action
03/21/2021 Governor Governor Signed
03/12/2021 Governor Sent to the Governor
03/12/2021 House Signed by the Speaker of the House
03/12/2021 Senate Signed by the President of the Senate
03/05/2021 House House Third Reading Passed - No Amendments
03/04/2021 House House Second Reading Passed - No Amendments
03/02/2021 House House Committee on Appropriations Refer Unamended to House Committee of the Whole
02/26/2021 House Introduced In House - Assigned to Appropriations
02/26/2021 Senate Senate Third Reading Passed - No Amendments
02/25/2021 Senate Senate Second Reading Passed - No Amendments
02/23/2021 Senate Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
02/16/2021 Senate Introduced In Senate - Assigned to Appropriations
Effective Date Chapter # Title Documents
03/21/2021 13 Higher Ed Student Financial Assistance Funding PDF

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