ColoradoState Funding for Colorado School of Mines Capital Construction Costs
What it does
The bill requires the state treasurer, on behalf of the state, to execute, no later than December 31, 2026, financed purchase of an asset or certificate of participation agreements (financing agreements) to finance a portion of the capital costs related to the capital renewal of a facility at the Colorado school of mines. The financing agreements are to be issued in an aggregate principal amount not to exceed $13 million plus reasonable and necessary administrative, monitoring, and closing costs and interest, including capitalized interest. The anticipated annual state-funded payments for the principal and interest components due under the financing agreements must not exceed the difference between $17.5 million and the amount of the annual state-funded payments for the agreements entered into pursuant to House Bill 24-1231, with principal amortization not occurring before July 1, 2027.
More detail
The proceeds from the financing agreements will be used for the renewal of critical building systems of Guggenheim hall at the Colorado school of mines.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- May 12Introduced In House - Assigned to FinanceLatest
- Vote recorded Postpone Senate Bill 26-183 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. Result: pass.Lower
- May 12House Committee on Finance Postpone Indefinitely
- May 11Senate Third Reading Passed with Amendments - FloorPassed Senate
- Vote recorded AMEND (L.002). Result: pass.Upper
- Vote recorded BILL. Result: pass.Upper
- May 8Senate Committee on Appropriations Refer Amended to Senate Committee of the WholeMinor
- Vote recorded Refer Senate Bill 26-183, as amended, to the Committee of the Whole. Result: pass.Upper
- Vote recorded Adopt amendment J.001. Result: pass.Upper
- May 8Senate Second Reading Special Order - Passed with Amendments - Committee
- May 5Senate Committee on Finance Refer Unamended to AppropriationsMinor
- Vote recorded Refer Senate Bill 26-183 to the Committee on Appropriations. Result: pass.Upper
- Apr 29Introduced In Senate - Assigned to FinanceIntroduced
- May 12Introduced In House - Assigned to FinanceLatest