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Lease-purchase Issuance For Capital Construction

It became law on Jul 14, 2020.

CO SB 20-219 · Senate Bill · 2020A

Stage
Became law
Started in
Senate
Sponsors
4
Latest action
Jul 14, 2020

What it does

The act requires the state treasurer, on behalf of the state, to execute a lease-purchase agreement in an amount up to $65,500,000 plus reasonable and necessary costs to fund certain capital construction needs for state institutions of higher education that are continuations of previously funded projects as specified by the capital development committee. The capital development committee is required to post the list of specific projects and the cost of each project on its official website no later than August 15, 2020. The capital development committee is also required to specify in this list, in the event of any excess money as a result of the issuance, what any remainder money must be…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jul 14, 2020

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Colorado.

Work with this bill

Lease-purchase Issuance For Capital Construction | 52