Second Regular Session Seventy-fourth General Assembly STATE OF COLORADO INTRODUCED LLS NO. 24-0703.01 Alana Rosen x2606 HOUSE BILL 24-1154 House Committees Senate Committees Education A BILL FOR AN ACT C ONCERNING SCHOOL DISTRICT BOARDS ' OF EDUCATION VOLUNTARY101 INCLUSION OF INSTITUTE CHARTER SCHOOLS IN DISTRICT102 BALLOT INITIATIVES TO CONT RACT WITH INSTITUTE CHARTER103 SCHOOLS FOR BONDED INDEBTEDNESS .104 Bill Summary (Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://leg.colorado.gov .) The bill allows a school district board of education (school district) to submit to the eligible electors of the district the question of contracting a bonded indebtedness for capital construction or land and facilities needs HOUSE SPONSORSHIP Weinberg and McLachlan, SENATE SPONSORSHIP Bridges and Lundeen, Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment. Capital letters or bold & italic numbers indicate new material to be added to existing law. Dashes through the words or numbers indicate deletions from existing law. of an institute charter school located within the school district if: ! The school district, in the school district's sole discretion, has approved support for the institute charter school's capital construction or land and facilities needs; and ! The school district has obtained security or assurances, if any, regarding its interest in the land or facilities of the institute charter school that the school district retains. Be it enacted by the General Assembly of the State of Colorado:1 SECTION 1. Legislative intent. The intent of this act is to:2 (1) Clarify and modify the law to allow a school district board of3 education to voluntarily support institute charter school facilities located4 within the school district; and5 (2) Provide clear guidance to a school district board of education6 that decides to voluntarily support institute charter school facilities7 located within the school district.8 SECTION 2. In Colorado Revised Statutes, 22-42-102, amend9 (2)(a)(VIII); and add (2)(a)(VIII.5) as follows:10 22-42-102. Bonded indebtedness - elections. (2) (a) The board11 of education of any school district, at any regular biennial school election12 or at a special election called for the purpose, shall submit to the eligible13 electors of the district the question of contracting a bonded indebtedness14 for one or more of the following purposes:15 (VIII) For supporting A DISTRICT CHARTER SCHOOL 'S charter16 school capital construction, as defined in section 22-30.5-403 (4), or the17 land and facilities needs of a DISTRICT charter school, as defined in18 section 22-30.5-403 (3), without title or ownership of DISTRICT charter19 school capital assets being held by the school district or ownership or use20 restrictions BEING placed on the DISTRICT charter school by the school21 district;22 HB24-1154-2- (VIII.5) FOR SUPPORTING AN INSTITUTE CHARTER SCHOOL 'S1 CHARTER SCHOOL CAPITAL CONSTRUCTION , AS DEFINED IN SECTION2 22-30.5-403 (4), OR THE LAND AND FACILITIES NEEDS OF AN INSTITUTE3 CHARTER SCHOOL, AS DEFINED IN SECTION 22-30.5-403 (5.5), BY4 INCLUDING THE INSTITUTE CHARTER SCHOOL , LOCATED WITHIN THE5 SCHOOL DISTRICT, IN A BOND ELECTION OR A MILL LEVY ELECTION6 CONDUCTED PURSUANT TO SECTION 22-30.5-404 OR 22-30.5-405, WHICH7 INCLUSION IS AUTHORIZED , NOTWITHSTANDING ANYTHING TO THE8 CONTRARY IN SECTION 22-30.5-404 OR 22-30.5-405 IF:9 (A) T HE SCHOOL DISTRICT BOARD OF EDUCATION , IN THE SCHOOL10 DISTRICT BOARD OF EDUCATION 'S SOLE DISCRETION, HAS APPROVED11 SUPPORT FOR THE INSTITUTE CHARTER SCHOOL 'S CAPITAL CONSTRUCTION12 OR LAND AND FACILITIES NEEDS; AND13 (B) T HE SCHOOL DISTRICT BOARD OF EDUCATION HAS OBTAINED14 SECURITY OR ASSURANCES, IF ANY, REGARDING INTEREST IN THE LAND OR15 FACILITIES OF THE INSTITUTE CHARTER SCHOOL THAT THE SCHOOL16 DISTRICT RETAINS.17 SECTION 3. Act subject to petition - effective date. This act18 takes effect at 12:01 a.m. on the day following the expiration of the19 ninety-day period after final adjournment of the general assembly; except20 that, if a referendum petition is filed pursuant to section 1 (3) of article V21 of the state constitution against this act or an item, section, or part of this22 act within such period, then the act, item, section, or part will not take23 effect unless approved by the people at the general election to be held in24 November 2024 and, in such case, will take effect on the date of the25 official declaration of the vote thereon by the governor.26 HB24-1154 -3-