HB 1191

HOUSE BILL 26-1191
BY REPRESENTATIVE(S) Johnson and Bacon, Brooks, Duran, Garcia,
Garcia Sander, Joseph, Keltie, Lindsay, McCormick, Nguyen, Phillips,
Story, McCluskie;
also SENATOR(S) Frizell and Weissman, Lindstedt, Carson, Jodeh,
Coleman.
CONCERNING THE EXAMINATION OF A SCHOOL DISTRICT THAT RECEIVES
     STATE EDUCATION FUND MONEY FOR CAPITAL CONSTRUCTION
        PROJECTS FOR QUALIFIED CHARTER SCHOOLS IN THE DISTRICT, AND,
         IN CONNECTION THEREWITH, MAKING THE STATE AUDITOR'S
        EXAMINATION OF THE SCHOOL DISTRICT'S RECORDS DISCRETIONARY
        RATHER THAN MANDATORY.
Be it enacted by the General Assembly of the State of Colorado:
       SECTION 1. In Colorado Revised Statutes, 2-3-115, amend (1) as
follows:
      2-3-115. Use of state education fund money for school capital
construction - audits - reports.
         (1) For the 2001-02 school district budget year and each school
Capital letters or bold & italic numbers indicate new material added to existing law; dashes
through words or numbers indicate deletions from existing law and such material is not part of
the act.
district budget year thereafter, for the purpose of determining the amount
of state education fund moneys MONEY expended by each school district in
the state for capital construction and identifying the schools and projects on
which school districts expended such moneys THE MONEY, the state auditor
shall annually MAY, AT THE STATE AUDITOR'S DISCRETION, examine the
records of each school district in the state that received state education fund
moneys MONEY for the budget year. YEAR
       (a) Directly DIRECTLY from the department of education for capital
construction aid to qualified charter schools, as defined in section
22-54-124 (l)(f.6), C.R.S. in accordance with section 22-54-124 (4).
C.R.S., 01
       (b) For budget years 2000-01 through 2006-07, indirectly frnm the
school capital constrnction expenditm es rese1 ve ct eated in section
22-54-117 (1.5)(a)(I), C.R.S. as said 1eser ve existed prior to July 1, 2008,
and ror the budget year 2007-08, indirectly frnm the school capital
construction expenditm es reser ve fund, as said fund existed pt ior to July 1,
2-00&
       SECTION 2. Act subject to petition - effective date. This act
takes effect at 12:01 a.m. on the day following the expiration of the
ninety-day period after final adjournment of the general assembly (August
12, 2026, if adjournment sine die is on May 13, 2026); except that, if a
referendum petition is filed pursuant to section 1 (3) of article V of the state
constitution against this act or an item, section, or part of this act within
such period, then the act, item, section, or part will not take effect unless
approved by the people at the general election to be held in November 2026
PAGE 2-HOUSE BILL 26-1191
and, in such case, will take effect on the date of the official declaration of
the vote thereon by the governor.
J ~  James Rashad Coleman, Sr.
SPEAKER OF THE HOUSE  PRESIDENT OF
OF REPRESENTATIVES  THE SENATE
\)~
                ~
                      •
Vanessa Reilly  Esther van Mourik
CHIEF CLERK OF THE HOUSE  SECRETARY OF
OF REPRESENTATIVES  THE SENATE
       APPROVED ~ VY\OncA.O\j 'lifn·I 13-t\... 202/4? "'.\ I 1~°VV',
                           (Date and Time)
                   Jared S. P
                   GOVE  F THE TATE OF COLORADO
PAGE 3-HOUSE BILL 26-1191