| Summary |
Joint Budget Committee. The bill repeals the Colorado student
leaders institute (institute), created in the department of education
(department), on September 1, 2026.
Before the repeal of the institute, the bill requires the department,
in collaboration with the host institution of higher education that operates
the institute and the advisory committee, to return, to the extent possible,
money remaining in the Colorado student leaders institute cash fund (cash
fund) to each grantor, donor, or student in an amount that is proportional
to the grantor's, donor's, or student's share of the total amount of gifts,
grants, donations, or student contributions deposited in the cash fund. If
any money remains in the cash fund on August 31, 2025, the state
treasurer shall, prior to the repeal of the cash fund, transfer all
unexpended and unencumbered money in the cash fund to the general
fund.
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