Colorado 2025 Regular Session

Colorado House Bill HB1131 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
	1	+	First Regular Session
	2	+	Seventy-fifth General Assembly
	3	+	STATE OF COLORADO
	4	+	REREVISED
	5	+	This Version Includes All Amendments
	6	+	Adopted in the Second House
	7	+	LLS NO. 25-0557.01 Owen Hatch x2698
1	8		HOUSE BILL 25-1131
2		-	BY REPRESENTATIVE(S) Boesenecker and Johnson, Bacon, Barron,
3		-	Bird, Caldwell, Clifford, Duran, Froelich, Hamrick, Jackson, Joseph,
4		-	Lindstedt, Lukens, Martinez, McCormick, Richardson, Sirota, Stewart K.,
5		-	Valdez, Winter T., Zokaie, McCluskie;
6		-	also SENATOR(S) Kipp and Pelton B., Marchman, Bridges, Carson, Catlin,
7		-	Cutter, Frizell, Kirkmeyer, Liston, Michaelson Jenet, Pelton R., Roberts,
8		-	Winter F.
	9	+	House Committees Senate Committees
	10	+	Education Education
	11	+	A BILL FOR AN ACT
9	12		C
10		-	ONCERNING ELIMINATING CERTAIN CONDITIONS RELATED TO COLORADO
11		-	STATE UNIVERSITY
12		-	'S VETERINARY MEDICINE PROGRAM .
13		-
14		-	Be it enacted by the General Assembly of the State of Colorado:
15		-	SECTION 1. In Colorado Revised Statutes, amend 23-31-118 as
16		-	follows:
17		-	23-31-118. Advancement of money and pledge of income -
18		-	definition. (1) The board of governors of the Colorado state university
19		-	system, designated in this section as the "board", is authorized to enter into
20		-	contracts for the advancement of moneys
21		-	MONEY for the construction and
22		-	acquisition of facilities or equipment, or both, for the Colorado state
23		-	university veterinary medicine hospital, or any part thereof, and, in
24		-	NOTE: This bill has been prepared for the signatures of the appropriate legislative
25		-	officers and the Governor. To determine whether the Governor has signed the bill
26		-	or taken other action on it, please consult the legislative status sheet, the legislative
27		-	history, or the Session Laws.
28		-	________
29		-	Capital letters or bold & italic numbers indicate new material added to existing law; dashes
30		-	through words or numbers indicate deletions from existing law and such material is not part of
31		-	the act. connection with or as a part of such contracts, to pledge revenues from a
32		-	special hospital fee that the board shall collect pursuant to agreements
33		-	entered into with or with respect to each accountable student as security for
34		-	the repayment of the moneys
35		-	MONEY advanced, therefor, together with
36		-	interest. thereon. The maximum number of accountable students at any
37		-	given time shall not exceed three hundred eight; except that, should the total
38		-	enrollment in the professional veterinary medicine program exceed five
39		-	hundred forty-eight head-count students, additional accountable students
40		-	may not exceed forty-five percent of each admitted class. For purposes of
41		-	this section, an "accountable student" is a person who, as of the date of his
42		-	or her THEIR selection for admission into the professional veterinary
43		-	medicine program, is not receiving funding, either from the state of
44		-	Colorado or from a state that has entered into a cooperative agreement with
45		-	the state of Colorado pursuant to section 24-60-601, C.R.S.,
46		-	for all or any
47		-	portion of the costs incurred in participating in the professional veterinary
48		-	medicine program. An agreement shall be entered into with or with respect
49		-	AN ANNUAL FEE IS CHARGED to AND PAID BY each accountable student and
50		-	each such agreement shall provide that, as a condition to that student's
51		-	continued enrollment in the professional veterinary medicine program. there
52		-	shall be paid annually by or on behalf of the student the special hospital fee
53		-	provided for in this section, which fee shall be fixed by the board THE
54		-	BOARD SHALL FIX THE FEE
55		-	annually in an amount sufficient to meet the
56		-	obligation authorized by this section.
	13	+	ONCERNING ELIMINATING CERT AIN CONDITIONS RELATED TO101
	14	+	C
	15	+	OLORADO STATE UNIVERSITY 'S VETERINARY MEDICINE102
	16	+	PROGRAM.103
	17	+	Bill Summary
	18	+	(Note: This summary applies to this bill as introduced and does
	19	+	not reflect any amendments that may be subsequently adopted. If this bill
	20	+	passes third reading in the house of introduction, a bill summary that
	21	+	applies to the reengrossed version of this bill will be available at
	22	+	http://leg.colorado.gov
	23	+	.)
	24	+	The bill eliminates the statutory cap on the number of veterinary
	25	+	students permitted to attend Colorado state university at one time. The bill
	26	+	eliminates additional financial limitations related to the professional
	27	+	veterinary medicine program at Colorado state university.
	28	+	SENATE
	29	+	3rd Reading Unamended
	30	+	March 7, 2025
	31	+	SENATE
	32	+	2nd Reading Unamended
	33	+	March 6, 2025
	34	+	HOUSE
	35	+	3rd Reading Unamended
	36	+	February 13, 2025
	37	+	HOUSE
	38	+	2nd Reading Unamended
	39	+	February 11, 2025
	40	+	HOUSE SPONSORSHIP
	41	+	Boesenecker and Johnson, Bacon, Barron, Bird, Caldwell, Clifford, Duran, Froelich,
	42	+	Hamrick, Jackson, Joseph, Lindstedt, Lukens, Martinez, McCluskie, McCormick, Richardson,
	43	+	Sirota, Stewart K., Valdez, Winter T., Zokaie
	44	+	SENATE SPONSORSHIP
	45	+	Kipp and Pelton B., Marchman, Bridges, Carson, Catlin, Cutter, Frizell, Kirkmeyer,
	46	+	Liston, Michaelson Jenet, Pelton R., Roberts, Winter F.
	47	+	Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
	48	+	Capital letters or bold & italic numbers indicate new material to be added to existing law.
	49	+	Dashes through the words or numbers indicate deletions from existing law. Be it enacted by the General Assembly of the State of Colorado:1
	50	+	SECTION 1. In Colorado Revised Statutes, amend 23-31-118 as2
	51	+	follows:3
	52	+	23-31-118. Advancement of money and pledge of income -4
	53	+	definition. (1) The board of governors of the Colorado state university5
	54	+	system, designated in this section as the "board", is authorized to enter6
	55	+	into contracts for the advancement of moneys MONEY for the construction7
	56	+	and acquisition of facilities or equipment, or both, for the Colorado state8
	57	+	university veterinary medicine hospital, or any part thereof, and, in9
	58	+	connection with or as a part of such contracts, to pledge revenues from a10
	59	+	special hospital fee that the board shall collect pursuant to agreements11
	60	+	entered into with or with respect to each accountable student as security12
	61	+	for the repayment of the moneys MONEY advanced, therefor, together with13
	62	+	interest. thereon. The maximum number of accountable students at any14
	63	+	given time shall not exceed three hundred eight; except that, should the15
	64	+	total enrollment in the professional veterinary medicine program exceed16
	65	+	five hundred forty-eight head-count students, additional accountable17
	66	+	students may not exceed forty-five percent of each admitted class. For18
	67	+	purposes of this section, an "accountable student" is a person who, as of19
	68	+	the date of his or her THEIR selection for admission into the professional20
	69	+	veterinary medicine program, is not receiving funding, either from the21
	70	+	state of Colorado or from a state that has entered into a cooperative22
	71	+	agreement with the state of Colorado pursuant to section 24-60-601,23
	72	+	C.R.S., for all or any portion of the costs incurred in participating in the24
	73	+	professional veterinary medicine program. An agreement shall be entered25
	74	+	into with or with respect AN ANNUAL FEE IS CHARGED to AND PAID BY26
	75	+	1131-2- each accountable student and each such agreement shall provide that, as1
	76	+	a condition to that student's continued enrollment in the professional2
	77	+	veterinary medicine program. there shall be paid annually by or on behalf3
	78	+	of the student the special hospital fee provided for in this section, which4
	79	+	fee shall be fixed by the board THE BOARD SHALL FIX THE FEE annually in5
	80	+	an amount sufficient to meet the obligation authorized by this section.6
57	81		(2) The board,
58		-	IN ACCORDANCE WITH STATE LAW , shall ~~annually~~
59		-	assess each cooperative state or accountable student a support fee to
	82	+	IN ACCORDANCE WITH STATE LAW , shall annually7
	83	+	assess each cooperative state or accountable student a support fee to8
60	84		reimburse Colorado for instructional costs. This support fee includes an
61		-	equipment and renovation fee of one thousand one dollars assessed to each
62		-	cooperative state or accountable student for acquisition or replacement of
63		-	equipment and for renovation. Colorado shall share proportionately in the
64		-	acquisition or replacement of equipment and renovation projects. The
65		-	amount to be paid by Colorado shall be
66		-	IS determined by the annual ratio of
67		-	Colorado students to accountable students based upon beginning enrollment
68		-	of each school year. The fee required to be collected pursuant to this
69		-	subsection (2) is based on a student's status as an "accountable student" at
70		-	the time of selection for admission into the professional veterinary medicine
71		-	program and shall not be reduced or waived regardless of the student's
72		-	status as an in-state student, pursuant to the provisions of section 23-7-103,
73		-	at any time during the student's participation in the professional veterinary
74		-	medicine program.
75		-	PAGE 2-HOUSE BILL 25-1131 (3) The board shall not pledge any income of the university except
76		-	that authorized in subsection (1) of this section and shall not create any
77		-	mortgage upon property belonging to such institution or obligate the state
78		-	of Colorado for the purpose of repaying or receiving any funds raised or
79		-	advanced under the provisions of this section.
80		-	(4) Any advancement of moneys, not to exceed two million five
81		-	hundred thousand dollars, may be evidenced by revenue bonds or
82		-	anticipation warrants to be executed by the board for and on behalf of
83		-	Colorado state university and containing such terms and provisions,
84		-	including provisions for adequate reserves and for redemption prior to
85		-	maturity and a maximum net effective interest rate, as may be determined
86		-	by the board. Such revenue bonds or anticipation warrants shall bear interest
87		-	at a rate such that the net effective interest rate of the issue of bonds or
88		-	anticipation warrants does not exceed the maximum net effective interest
89		-	rate fixed, which interest shall be payable semiannually or annually. Such
90		-	revenue bonds or warrants may be sold at less than par, but they may not be
91		-	sold at a price such that the net effective interest rate of the issue of bonds
92		-	or warrants exceeds the maximum net effective interest rate fixed. Any such
93		-	revenue bonds or warrants may be refunded pursuant to article 54 of title
94		-	11, C.R.S., if in the judgment of the board such refunding is to the best
95		-	interests of the university.
96		-	(5) If the sources of pledged revenues described in subsection (1) of
97		-	this section exceed the amount required for the amortization of any
98		-	advancement made pursuant to this section, and the payment of interest
99		-	thereof, together with reserve requirements, the board may apply such
100		-	surplus to the redemption of such securities prior to maturity of such
101		-	securities according to redemption provisions thereof, or such surplus may
102		-	be used by the board for the purposes of maintaining, repairing, altering, or
103		-	adding to any existing equipment or facilities acquired pursuant to the
104		-	provisions of this section for any lawful purpose.
105		-	(6) All obligations issued pursuant to this section and the income
106		-	therefrom shall be exempt from taxation, except inheritance, estate, and
107		-	transfer taxes.
108		-	(7) No action shall be brought questioning the legality of any
109		-	contract, proceedings, revenue bonds, or anticipation warrants issued or to
110		-	be issued by the board in connection with the provision of all or any part of
111		-	PAGE 3-HOUSE BILL 25-1131 the Colorado state university veterinary medicine hospital pursuant to this
112		-	section after the expiration of thirty days from the effective date of any
113		-	resolution or other official action authorizing such contract, adopting such
114		-	proceedings, or authorizing the issuance of such warrants or bonds.
115		-	SECTION 2. Act subject to petition - effective date. This act
116		-	takes effect at 12:01 a.m. on the day following the expiration of the
117		-	ninety-day period after final adjournment of the general assembly; except
118		-	that, if a referendum petition is filed pursuant to section 1 (3) of article V
119		-	of the state constitution against this act or an item, section, or part of this act
120		-	within such period, then the act, item, section, or part will not take effect
121		-	unless approved by the people at the general election to be held in
122		-	PAGE 4-HOUSE BILL 25-1131 November 2026 and, in such case, will take effect on the date of the official
123		-	declaration of the vote thereon by the governor.
124		-	____________________________ ____________________________
125		-	Julie McCluskie James Rashad Coleman, Sr.
126		-	SPEAKER OF THE HOUSE PRESIDENT OF
127		-	OF REPRESENTATIVES THE SENATE
128		-	____________________________ ____________________________
129		-	Vanessa Reilly Esther van Mourik
130		-	CHIEF CLERK OF THE HOUSE SECRETARY OF
131		-	OF REPRESENTATIVES THE SENATE
132		-	APPROVED________________________________________
133		-	(Date and Time)
134		-	_________________________________________
135		-	Jared S. Polis
136		-	GOVERNOR OF THE STATE OF COLORADO
137		-	PAGE 5-HOUSE BILL 25-1131
	85	+	9
	86	+	equipment and renovation fee of one thousand one dollars assessed to10
	87	+	each cooperative state or accountable student for acquisition or11
	88	+	replacement of equipment and for renovation. Colorado shall share12
	89	+	proportionately in the acquisition or replacement of equipment and13
	90	+	renovation projects. The amount to be paid by Colorado shall be IS14
	91	+	determined by the annual ratio of Colorado students to accountable15
	92	+	students based upon beginning enrollment of each school year. The fee16
	93	+	required to be collected pursuant to this subsection (2) is based on a17
	94	+	student's status as an "accountable student" at the time of selection for18
	95	+	admission into the professional veterinary medicine program and shall not19
	96	+	be reduced or waived regardless of the student's status as an in-state20
	97	+	student, pursuant to the provisions of section 23-7-103, at any time during21
	98	+	the student's participation in the professional veterinary medicine22
	99	+	program.23
	100	+	(3) The board shall not pledge any income of the university except24
	101	+	that authorized in subsection (1) of this section and shall not create any25
	102	+	mortgage upon property belonging to such institution or obligate the state26
	103	+	of Colorado for the purpose of repaying or receiving any funds raised or27
	104	+	1131
	105	+	-3- advanced under the provisions of this section.1
	106	+	(4) Any advancement of moneys, not to exceed two million five2
	107	+	hundred thousand dollars, may be evidenced by revenue bonds or3
	108	+	anticipation warrants to be executed by the board for and on behalf of4
	109	+	Colorado state university and containing such terms and provisions,5
	110	+	including provisions for adequate reserves and for redemption prior to6
	111	+	maturity and a maximum net effective interest rate, as may be determined7
	112	+	by the board. Such revenue bonds or anticipation warrants shall bear8
	113	+	interest at a rate such that the net effective interest rate of the issue of9
	114	+	bonds or anticipation warrants does not exceed the maximum net10
	115	+	effective interest rate fixed, which interest shall be payable semiannually11
	116	+	or annually. Such revenue bonds or warrants may be sold at less than par,12
	117	+	but they may not be sold at a price such that the net effective interest rate13
	118	+	of the issue of bonds or warrants exceeds the maximum net effective14
	119	+	interest rate fixed. Any such revenue bonds or warrants may be refunded15
	120	+	pursuant to article 54 of title 11, C.R.S., if in the judgment of the board16
	121	+	such refunding is to the best interests of the university.17
	122	+	(5) If the sources of pledged revenues described in subsection (1)18
	123	+	of this section exceed the amount required for the amortization of any19
	124	+	advancement made pursuant to this section, and the payment of interest20
	125	+	thereof, together with reserve requirements, the board may apply such21
	126	+	surplus to the redemption of such securities prior to maturity of such22
	127	+	securities according to redemption provisions thereof, or such surplus23
	128	+	may be used by the board for the purposes of maintaining, repairing,24
	129	+	altering, or adding to any existing equipment or facilities acquired25
	130	+	pursuant to the provisions of this section for any lawful purpose.26
	131	+	(6) All obligations issued pursuant to this section and the income27
	132	+	1131
	133	+	-4- therefrom shall be exempt from taxation, except inheritance, estate, and1
	134	+	transfer taxes.2
	135	+	(7) No action shall be brought questioning the legality of any3
	136	+	contract, proceedings, revenue bonds, or anticipation warrants issued or4
	137	+	to be issued by the board in connection with the provision of all or any5
	138	+	part of the Colorado state university veterinary medicine hospital pursuant6
	139	+	to this section after the expiration of thirty days from the effective date of7
	140	+	any resolution or other official action authorizing such contract, adopting8
	141	+	such proceedings, or authorizing the issuance of such warrants or bonds.9
	142	+	SECTION 2. Act subject to petition - effective date. This act10
	143	+	takes effect at 12:01 a.m. on the day following the expiration of the11
	144	+	ninety-day period after final adjournment of the general assembly; except12
	145	+	that, if a referendum petition is filed pursuant to section 1 (3) of article V13
	146	+	of the state constitution against this act or an item, section, or part of this14
	147	+	act within such period, then the act, item, section, or part will not take15
	148	+	effect unless approved by the people at the general election to be held in16
	149	+	November 2026 and, in such case, will take effect on the date of the17
	150	+	official declaration of the vote thereon by the governor.18
	151	+	1131
	152	+	-5-