HB 25-1131 Fiscal Note Legislative Council Staff Nonpartisan Services for Colorado’s Legislature HB 25-1131: ELIMINATE STUDENT CAP AT CSU'S VETERINARY PROGRAM Prime Sponsors: Rep. Boesenecker; Johnson Sen. Kipp; Pelton B. Published for: House Education Drafting number: LLS 25-0557 Fiscal Analyst: John Armstrong, 303-866-6289 john.armstrong@coleg.gov Version: Initial Fiscal Note Date: February 3, 2025 Fiscal note status: The fiscal note reflects the introduced bill. Summary Information Overview. The bill removes the cap on the number of students who may enroll in Colorado State University’s College of Veterinary Medicine. Types of impacts. The bill is projected to affect the following areas on an ongoing basis: Institutions of Higher Education Appropriations. No appropriation is required. Table 1 State Fiscal Impacts Type of Impact Budget Year FY 2025-26 Out Year FY 2026-27 State Revenue $0 $0 State Expenditures $0 $0 Transferred Funds $0 $0 Change in TABOR Refunds $0 $0 Change in State FTE 0.0 FTE 0.0 FTE Page 2 February 3, 2025 HB 25-1131 Summary of Legislation Under current law, Colorado State University (CSU) may collect certain fees from either 308 students who are enrolled in their College of Veterinary Medicine, or if enrollment exceeds 548, 45 percent of the total veterinary medicine enrollment, whichever is greater. The bill eliminates the cap on the number of students for whom CSU may assess fees for attending the College of Veterinary Medicine, and also removes other financial limitations on the veterinary medicine program. Institutions of Higher Education CSU may have increased revenues and expenditures to educate additional students who enroll in the College of Veterinary Medicine. The additional tuition revenues are not subject to TABOR and any additional expenditures to train the additional students will be funded through university tuition revenues. No state appropriation is required. Effective Date The bill takes effect 90 days following adjournment of the General Assembly sine die, assuming no referendum petition is filed. State and Local Government Contacts Higher Education Public Health and Environment 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 the General Assembly website.