HB 17-1340 (Lundeen & Garnett) Legislative Interim Committee on School Finance
This bill creates a legislative interim committee to study the current school finance structure and to make recommendations for K-12 education funding in Colorado. The bill specifies the number of members that must serve on the committee and how often they are to meet during the 2017 and 2018 legislative interims. The committee may introduce up to five bills during each of the 2018 and 2019 legislative sessions.
The Colorado Children’s Campaign supports the bill. Colorado’s School Finance Act has not undergone a comprehensive revision in more than 20 years, though much has changed in that time, including classroom models, theories related to best practices in education funding, and what is expected of students regarding the learning and preparation necessary to be successful in today’s economy. The bill requires a reexamination of the current school finance formula based on district and student attributes as well as the sources of revenue for the system. Our system is inherently inequitable and we are encouraged by conversations at the Capitol to address both equity and adequacy in school finance.
The bill passed the Senate on a bipartisan vote of 32-3 and now heads to the governor’s desk for signature.
May 5, 2017
The bill passed the Senate Finance Committee on a vote of 3-2 and now heads to the Senate Appropriations Committee.
April 28, 2017
The bill passed the House unanimously and now heads to the Senate.
April 21, 2017
The bill passed the House Education Committee unanimously and now heads to House Appropriations Committee. Vice President of Education Initiatives Leslie Colwell testified in support. Read her testimony here.