HB 1345 Colorado 2026A session

Higher Education Funding Allocation Model Changes

The act changes the higher education funding provisions, effective for the 2027-28 state fiscal year.     Under current law, a state institution of higher education's governing board's annual fee-for-service contract includes funding calculated based on 3 components: Ongoing additional funding, performance funding, and temporary additional funding. The act:Changes the name of the funding from 'performance funding' to 'results-informed funding';Redefines terms and metrics that are used to determine results-informed funding; andReorders the components and eliminates current statutory language that requires sequential calculation of the components.     For the 2026-27 state fiscal year, the act prohibits the commission on higher education from allocating money to nonpublic institutions of higher education, private institutions of higher education, or proprietary institutions of higher education for it students under a financial assistance program or a work-study program.(Note: This summary applies to this bill as enacted.)

Status

  1. Introduced
  2. Committee
  3. Floor vote
  4. Passed
  5. Enacted

Enacted — last recorded action June 4, 2026

Governor Signed

Recorded votes

REPASS

0 yes · 0 no · pass May 12, 2026

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CONCUR

0 yes · 0 no · pass May 12, 2026

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Adopt amendment L.001

0 yes · 0 no · pass May 6, 2026

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BILL

0 yes · 0 no · pass April 30, 2026

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Passage likelihood

Not enough recorded signal to estimate this bill's chances.

State-level impact

State-level impact data is not available for this bill. The source text does not contain a per-state funding formula or scored breakdown, so no figures are shown.

Official actions

  1. Governor Signed
  2. Signed by the Speaker of the House
  3. Signed by the President of the Senate
  4. Sent to the Governor
  5. House Considered Senate Amendments - Result was to Concur - Repass
  6. Senate Third Reading Passed - No Amendments
  7. Senate Second Reading Special Order - Passed with Amendments - Committee
  8. Senate Committee on Education Refer Amended - Consent Calendar to Senate Committee of the Whole
  9. Introduced In Senate - Assigned to Education
  10. House Third Reading Passed - No Amendments
  11. House Second Reading Special Order - Passed - No Amendments
  12. House Second Reading Laid Over Daily - No Amendments
  13. House Committee on Education Refer Unamended to House Committee of the Whole
  14. Introduced In House - Assigned to Education
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