HB1231: State Funding for Higher Education Projects

Legislative Summary

Concerning state funding for four projects related to health sciences education programs for medical professions being undertaken by state institutions of higher education, and, in connection therewith, authorizing the state to issue financed purchase of an asset or certificate of participation agreements to finance a portion of capital costs associated with construction of facilities for the university of northern Colorado's college of osteopathic medicine, metropolitan state university of Denver's health institute tower, Colorado state university's veterinary health education campus, and expansion and renovation of Trinidad state college's valley campus main building, providing funding for escrow money that is required for accreditation of the university of northern Colorado's college of osteopathic medicine by transferring money from the general fund for ultimate deposit to an escrow account and reducing the state reserve by the same amount for the period during which the money is held in escrow, and making an appropriation.