Colorado Revised Statutes Title 22. Education § 22-54-107.7. Override mill levy match--working group--creation--report--repeal

(1) There is created by the legislative council staff an override mill levy match working group to meet during the 2024 interim and make recommendations concerning modifying the override mill levy match, created pursuant to section 22-54-107.9, to ensure more equitable funding distributions and greater access to funding for eligible districts and eligible institute charter schools, make recommendations concerning which eligible districts and eligible institute charter schools will receive a distribution from the mill levy override match fund pursuant to section 22-54-107.9 for the 2024-25 budget year, and to identify and analyze inequities between neighboring districts that have differing mill levy overrides, levels of property tax bases, or demonstrated levels of local effort.

(4) The override mill levy match working group must meet at least three times but no more than five times during the 2024 legislative interim, unless additional meetings are authorized by the executive committee of the legislative council.

(5) On or before December 31, 2024, the override mill levy match working group shall submit a report to the executive committee of the legislative council, the education committees of the house of representatives and the senate, or any successor committees, and the joint budget committee concerning its recommendations to modify the override mill levy match.

(6) This section is repealed, effective July 1, 2026.