Page 1 May 22, 2023 SB 23-225 Legislative Council Staff Nonpartisan Services for Colorado’s Legislature Final Fiscal Note Drafting Number: Prime Sponsors: LLS 23-0935 Sen. Zenzinger; Kirkmeyer Rep. Bird; Sirota Date: Bill Status: Fiscal Analyst: May 22, 2023 Signed into Law John Armstrong | 303-866-6289 john.armstrong@coleg.gov Bill Topic: SPECIALTY EDUCATION CSU MEDICAL SCHOOL PARTNERSHIP Summary of Fiscal Impact: ☐ State Revenue ☒ State Expenditure ☐ State Transfer ☐ TABOR Refund ☐ Local Government ☐ Statutory Public Entity Budget package bill. The bill expands the acceptable use of funding for specialty education programs. The bill may shift costs and minimally increase workload for higher education institutions on an ongoing basis. Appropriation Summary: No appropriation is required. Fiscal Note Status: The fiscal note reflects the enacted bill. The bill was recommended by the Joint Budget Committee as part of its FY 2023-24 budget package. Summary of Legislation Under current law, the governing boards of the University of Colorado (CU) and Colorado State University (CSU) may negotiate fee-for-service contracts with the Colorado Department of Higher Education for certain specialty education programs. The bill allows CSU to negotiate a fee-for-service contract for the delivery of health sciences programs with CU. Background CSU currently negotiates fee-for-service contracts for specialty education services, including the Professional Veterinary Medical program, CSU Extension, the Colorado Agricultural Experiment Station and the Colorado State Forest Service. CSU currently has a partnership with CU’s School of Medicine, but specialty education funding is not eligible to be used for that partnership. State Expenditures The bill may minimally shift funding between specialty education programs, and CSU may have a minimal increase in workload to administer funding. No change in appropriations is required. Page 2 May 22, 2023 SB 23-225 Effective Date The bill was signed into law by the Governor and took effect on April 17, 2023. State and Local Government Contacts Joint Budget Committee Staff Higher Education The revenue and expenditure impacts in this fiscal note represent changes from current law under the bill for each fiscal year. For additional information about fiscal notes, please visit: leg.colorado.gov/fiscalnotes.