Amendments for HB24-1365
House Journal, March 21
9 HB24-1365 be amended as follows, and as so amended, be referred to
10 the Committee on Finance with favorable
11 recommendation:
12
13 Amend printed bill, page 9, strike line 12 and substitute "WHICH SHALL
14 PUBLISH THE PLANS IN THE COLORADO TALENT REPORT".
15
16 Page 9, line 13, strike "(3)." and substitute "(3) AND SHALL COORDINATE
17 WITH LOCAL ENTITIES AND ACROSS STATE AGENCIES TO SUPPORT
18 REGIONAL GOALS.".
19
20 Page 12, line 14, strike "2029." and substitute "2030.".
21
22 Page 19, line 14, strike "2026" and substitute "2025".
23
24 Page 19, line 15, strike "2030" and substitute "2028".
25
26 Page 19, strike lines 19 through 22 and substitute "PERCENT FOR THE
27 CURRENT FISCAL YEAR, THE AGGREGATE AMOUNT OF TAX CREDITS
28 RESERVED FOR ALL QUALIFIED APPLICANTS IN THE APPLICATION PERIOD
29 COMMENCING IN THE CALENDAR YEAR THAT BEGINS DURING THE CURRENT
30 FISCAL YEAR IS REDUCED BY FIFTY PERCENT; EXCEPT THAT IF THE".
31
32 Strike "JUNE" and substitute "SEPTEMBER" on: Page 19, line 14 two times
33 and 15.
34
35
House Journal, April 2
35 HB24-1365 be amended as follows, and as so amended, be referred to
36 the Committee on Appropriations with favorable
37 recommendation:
38
39 Amend page 6, after line 10 insert:
40
41 "SECTION 4. In Colorado Revised Statutes, 24-48.5-502, amend
42 (1)(b)(V), (4)(a), and (5)(b); and repeal (4)(b) and (4)(c) as follows:
43 24-48.5-502. Universal high school scholarship program -
44 established - administration - cash fund - eligibility. (1) (b) The office
45 shall administer the program or may contract with one or more vendors
46 to administer the program. The office or vendor shall:
47 (V) Audit MONITOR, or contract with a vendor to audit MONITOR,
48 service providers to ensure that service providers comply with all
49 program rules and requirements.
50 (4) A student is eligible for a scholarship if the student:
51 (a) During the 2023-24 academic year, graduated from a Colorado
52 high school or was awarded a high school equivalency credential awarded
53 by the Colorado department of education; AND
54 (b) Completes the free application for federal student aid or the
55 Colorado application for state financial aid;
1 (c) Did not receive a grant or scholarship pursuant to part 10 of
2 article 3.3 of title 23 for the 2024-25 academic year; and
3 (5) (b) A service provider shall comply with the program policies
4 and procedures and with all reporting requirements described in this
5 section. A service provider shall submit to an audit MONITORING by the
6 office or vendor conducted pursuant to subsection (1)(b) of this section.".
7
8 Renumber succeeding sections accordingly.
9
10 Page 15, line 24, strike "A" and substitute "EXCEPT AS PROVIDED IN
11 SUBSECTION (3)(c) OF THIS SECTION, A".
12
13 Page 16, line 14, after "CREDIT" insert "IS NOT" and strike "IS".
14
15 Page 16, line 15, strike "SUBJECT TO RECAPTURE UNDER SUBSECTION (11)
16 OF THIS SECTION".
17
18 Page 22, line 7, strike "RESERVATION" and substitute "RESERVATION, NOT
19 TO EXCEED FIFTY PERCENT OF THE CERTIFIED QUALIFIED INVESTMENT,".
20
21 Page 24, line 3, strike "OR".
22
23 Page 24, line 8, strike "PERIOD." and substitute "PERIOD; OR
24 (III) IF A QUALIFYING ASSET IS REPLACED OR UPGRADED IN THE
25 NORMAL COURSE OF ITS USE.".
26
27 Page 27, after line 12 insert:
28
29 "(14) Workforce development tax credit program cash fund.
30 (a) THE WORKFORCE DEVELOPMENT TAX CREDIT PROGRAM CASH FUND IS
31 CREATED IN THE STATE TREASURY. THE FUND CONSISTS OF GIFTS, GRANTS,
32 DONATIONS, AND FEE REVENUE CREDITED TO THE FUND PURSUANT TO
33 SUBSECTION (6) OF THIS SECTION AND ANY OTHER MONEY THAT THE
34 GENERAL ASSEMBLY MAY APPROPRIATE, TRANSFER, OR REQUIRE BY LAW
35 TO BE CREDITED TO THE FUND.
36 (b) THE STATE TREASURER SHALL CREDIT ALL INTEREST AND
37 INCOME DERIVED FROM THE DEPOSIT AND INVESTMENT OF MONEY IN THE
38 WORKFORCE DEVELOPMENT TAX CREDIT PROGRAM CASH FUND TO THE
39 FUND.
40 (c) MONEY IN THE FUND IS CONTINUOUSLY APPROPRIATED TO THE
41 OFFICE FOR THE PURPOSE OF ADMINISTERING THE TAX CREDIT ISSUED
42 PURSUANT TO THIS SECTION.
43 (d) THE STATE TREASURER SHALL TRANSFER ALL UNEXPENDED
44 AND UNENCUMBERED MONEY IN THE FUND ON DECEMBER 31, 2050, TO
45 THE GENERAL FUND.".
46
47 Renumber succeeding subsection accordingly.
48
49 Page 27, after line 14 insert:
50
51 "SECTION 8. In Colorado Revised Statutes, 24-75-402, add
52 (5)(eee) as follows:
53
1 24-75-402. Cash funds - limit on uncommitted reserves -
2 reduction in the amount of fees - exclusions - definitions.
3 (5) Notwithstanding any provision of this section to the contrary, the
4 following cash funds are excluded from the limitations specified in this
5 section:
6 (eee) THE WORKFORCE DEVELOPMENT TAX CREDIT PROGRAM CASH
7 FUND CREATED IN SECTION 39-22-560 (14).".
8
9 Renumber succeeding sections accordingly.
10
11
House Journal, April 24
45 HB24-1365 be amended as follows, and as so amended, be referred to
46 the Committee of the Whole with favorable
47 recommendation:
48
49 Amend printed bill, page 27, after line 23 insert:
50
51 "SECTION 8. Appropriation. For the 2024-25 state fiscal year,
52 $109,603 is appropriated to the office of the governor for use by the
53 economic development programs. This appropriation is from the general
54 fund and is based on an assumption that the office will require an
55 additional 0.8 FTE. To implement this act, the office may use this
56 appropriation for opportunity now grant administration.".
1 Renumber succeeding section accordingly.
2
3 Page 1, line 106, strike "SHORTAGES." and substitute "SHORTAGES AND
4 MAKING AN APPROPRIATION.".
5
6
House Journal, April 24
5 Amendment No. 1, Appropriations Report, dated April 25, 2024, and
6 placed in member's bill file; Report also printed in House Journal,
7 April 25, 2024.
8
9 Amendment No. 2, Finance Report, dated April 3, 2024, and placed in
10 member's bill file; Report also printed in House Journal, April 3, 2024.
11
12 Amendment No. 3, Business Affairs & Labor Report, dated March 20,
13 2024, and placed in member's bill file; Report also printed in House
14 Journal, March 21, 2024.
15
16 Amendment No. 4, by Representative Lukens:
17
18 Amend the Finance Committee Report dated April 3, 2024, page 1, line
19 3, after "(4)(a)," insert "(4)(b)," and strike "(4)(b) and".
20
21 Page 1, line 14, strike "AND".
22
23 Page 1, strike lines 15 and 16 and substitute:
24
25 "(b) IS A DEGREE-SEEKING STUDENT WHO completes the free
26 application for federal student aid or the Colorado application for state
27 financial aid; EXCEPT THAT THE OFFICE SHALL WAIVE THE REQUIREMENT
28 OF COMPLETING THE FREE APPLICATION FOR FEDERAL STUDENT AID OR THE
29 COLORADO APPLICATION FOR STATE FINANCIAL AID IF THE
30 DEGREE-SEEKING STUDENT ATTESTS THAT THE STUDENT IS UNABLE TO
31 MEET THIS REQUIREMENT; AND".
32
33 Amendment No. 5, by Representative Lukens:
34
35 Amend printed bill, page 5, line 8, after "(1)(c)(IV)" insert "and
36 (1)(c)(V)".
37
38 Page 5, line 20, strike "AND".
39
40 Page 5, line 23, strike "TRADES." and substitute "TRADES; AND".
41
42 Page 5, after line 23 insert:
43
44 "(V) TO ELEVATE EVIDENCE-BASED WORKFORCE TRAINING AND
45 RELEVANT PROGRAMS OR SERVICES WHERE PARTICIPANTS FROM
46 COMMUNITIES THAT HAVE BEEN HISTORICALLY UNDERREPRESENTED,
47 UNDERSERVED, OR UNDERRESOURCED IN COLORADO ARE ABLE TO EARN
48 A LIVING WAGE AND ARE CONNECTED TO EMPLOYMENT OPPORTUNITIES.".
49
50 As amended, ordered engrossed and placed on the Calendar for Third
51 Reading and Final Passage.
52