The bill requires the general assembly to annually adjust for inflation the general fund appropriation for state funding for senior services.
No later than August 2024, and each August every 3 years thereafter, the bill requires the department of human services (department), the office of state planning and budgeting, and representatives from area agencies on aging to review the adequacy of the appropriation for senior services for the prior 3 fiscal years to address the needs of senior citizens who request services pursuant to the "Older Coloradans' Act". The department is required to report the findings of the adequacy review to the general assembly.
For the 2024-25 state fiscal year, the bill appropriates $5 million from the general fund to the department of human services for state funding for senior services.
(Note: This summary applies to this bill as introduced.)