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HB26-1345 · Bill · 2026 Regular Session · Colorado

Higher Education Funding Allocation Model Changes

Concerning higher education funding, and, in connection therewith, implementing the recommendations in the report on the higher education funding allocation formula.

Official status: Became Law

Prime sponsors

Progress (from the official record)

Official summary

Official text — shown in English exactly as published by the official source. The official text controls.

The act changes the higher education funding provisions, effective for the 2027-28 state fiscal year. Under current law, a state institution of higher education's governing board's annual fee-for-service contract includes funding calculated based on 3 components: Ongoing additional funding, performance funding, and temporary additional funding. The act: Changes the name of the funding from 'performance funding' to 'results-informed funding'; Redefines terms and metrics that are used to determine results-informed funding; and Reorders the components and eliminates current statutory language that requires sequential calculation of the components. For the 2026-27 state fiscal year, the act prohibits the commission on higher education from allocating money to nonpublic institutions of higher education, private institutions of higher education, or proprietary institutions of higher education for it students under a financial assistance program or a work-study program. (Note: This summary applies to this bill as enacted.)

Status timeline

Every recorded action on HB26-1345, oldest first
DateLocationAction
03/31/2026HouseIntroduced In House - Assigned to Education
04/23/2026HouseHouse Committee on Education Refer Unamended to House Committee of the Whole
04/28/2026HouseHouse Second Reading Laid Over Daily - No Amendments
04/29/2026HouseHouse Second Reading Special Order - Passed - No Amendments
04/30/2026HouseHouse Third Reading Passed - No Amendments
05/01/2026SenateIntroduced In Senate - Assigned to Education
05/06/2026SenateSenate Committee on Education Refer Amended - Consent Calendar to Senate Committee of the Whole
05/08/2026SenateSenate Second Reading Special Order - Passed with Amendments - Committee
05/11/2026SenateSenate Third Reading Passed - No Amendments
05/12/2026HouseHouse Considered Senate Amendments - Result was to Concur - Repass
06/03/2026HouseSigned by the Speaker of the House
06/03/2026SenateSigned by the President of the Senate
06/03/2026GovernorSent to the Governor
06/04/2026GovernorGovernor Signed

Recorded votes

Full text

Official record

View HB26-1345 on leg.colorado.gov

Source: Colorado General Assembly (leg.colorado.gov) · Data as of

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