Bill To Watch in the Colorado Legislature

DENVER (AP) - This week’s Bill To Watch in the Colorado Legislature

THE BILL:

Senate Bill 1, adding money to public colleges and universities.

WHAT IT DOES:

The bill adds $100 million to public college and universities and reduces the tuition rate hike cap from 9 percent a year to 6 percent a year.

WHO WANTS IT?

Democrats are touting this as a top priority. Gov. John Hickenlooper asked for it in this State Of The State address.

HOW MUCH WILL IT COST?

Just over $100 million. Of this amount, about $40 million is for various financial aid programs, and the remaining $60 million would go straight to the colleges and universities

WHERE IT STANDS:

The bill is up for its first hearing Thursday in the Senate Education Committee. The committee is controlled by Democrats, so its prospects are excellent.

WHAT THEY’RE SAYING:

“Please join me in supporting our request for an additional $100 million for higher education, which would cap tuition increases at 6 percent and put college within the reach of more families.” - Gov. John Hickenlooper, Jan. 9

READ THE BILL:

https://bit.ly/1dUHr41