2EAA12AD7B6C768887258AB5007326F3 Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For BRIEFING FROM COLLEGEINVESTSENATE COMMITTEE ON EDUCATIONDate Jan 31, 2024 Location SCR 357 Briefing from CollegeInvest - Committee Discussion Only 01:57:49 PM Angela Baier, CEO of CollegeInvest, provided a brief overview of the CollegeInvest program, including House Bill 19-1280 and the First Step/Kick Starter Program (program), and explained that CollegeInvest is enterprise fund so it doesn't receive any General Fund dollars. Senate President Steve Fenberg asked questions regarding the successes and challenges of the program, how it is being marketed and how many families are participating. 02:08:52 PM President Fenberg asked how the program would be funded if 100 percent of babies born in Colorado had an account opened in their name. 02:21:32 PM Ms. Baier continued to answer questions from the committee.