Repeals the Pay for Success Contracts Program in Colorado, effective July 1, 2026.
The bill repeals the Pay for Success Contracts Program in Colorado, effective July 1, 2026. It mandates the transfer of all remaining funds in the Pay for Success Contracts Fund and the Pay for Success Initiatives Account to the General Fund by June 30, 2026. The Pay for Success Contracts Program, administered by the Office of Economic Development, involves agreements with lead contractors for program-eligible interventions. The repeal includes the fund, the account, and the program itself.
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