Senate Bill 267, the Sustainability of Rural Colorado proposed legislation has passed out of the Senate Finance Committee with a 4-1 vote in favor of further review. The bill is co-sponsored by Senate President Pro Tem Jerry Sonnenberg (R-Sterling) and Minority Leader Licia Guzman (D-Denver).
The bill is intended to restore funding for hospitals scheduled to be reduced in the budget currently under review by $264 million. It would also provide additional funding for rural schools and roads with a variety of budget manipulations. Central to its success would be the reclassification of the Hospital Provider Fee as an enterprise fund, not subject to TABOR restrictions.
Read more on SB 267 specifics at Colorado.gov.
Read more in The Colorado Independent.
Read more in The Denver Post.
Read More at Denverite.