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Bill Detail: SB20-006

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Title Amend Colorado Opportunity Scholarship Initiative
Status Governor Signed (03/20/2020)
Bill Subjects
  • Higher Education
House Sponsors C. Kipp (D)
M. Baisley (R)
Senate Sponsors R. Zenzinger (D)
T. Story (D)
House Committee Education
Senate Committee Education
Date Introduced 01/08/2020
Description

Making Higher Education Attainable Interim Study
Committee. The bill amends provisions relating to the Colorado
opportunity scholarship initiative, including:
  • Removing the definition of tuition assistance and
replacing it with a definition for financial assistance that

is tied to cost of attendance, as defined in the bill, and
making amendments throughout to reflect the changed
terms;
  • Removing the statutory restriction that not more than 10%
of money in the fund in any fiscal year may be awarded to
state agencies and nonprofit organizations for student
success and support services and for other services, and the
requirement that a certain percentage of the money
awarded for student success and support services and for
other services be awarded to nongovernmental entities;
  • Removing the requirement that the initiative be
administered from existing personnel;
  • Changing the current provision that, to the extent
practicable, scholarships must be equally distributed
between students who are eligible for federal PELL grants
and students within a certain range of income. Instead, the
bill requires scholarships to be equitably distributed
between students with an expected family contribution, as
defined in the bill, of less than 100% of the annual federal
PELL grant award and students with an expected family
contribution between 100% and 250% of the annual federal
PELL grant award.
  • Removing references to obsolete reports and requirements.
The bill appropriates $5 million to the Colorado opportunity
scholarship initiative fund to implement the initiative.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (09/14/2020) (most recent)  
Additional Bill Documents Bill Documents
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  • Past fiscal notes
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