Transfers $1.2 million from the universal high school scholarship fund to the Colorado Economic Development Fund and $2.3 million to the General Fund.

The bill requires the state treasurer to transfer $1.2 million from the universal high school scholarship fund to the Colorado Economic Development Fund and $2.3 million to the General Fund on June 30, 2026. This reallocation aims to address economic instability and support small businesses, particularly in rural areas, by providing immediate financial assistance. The fund transfers are intended to mitigate the impacts of federal funding delays and economic pressures on small businesses, ensuring continued economic growth and stability.

Transfers $1.2 million from the universal high school scholarship fund to the Colorado Economic Development Fund and $2.3 million to the General Fund.

The bill requires the state treasurer to transfer $1.2 million from the universal high school scholarship fund to the Colorado Economic Development Fund and $2.3 million to the General Fund on June 30, 2026. This reallocation aims to address economic instability and support small businesses, particularly in rural areas, by providing immediate financial assistance. The fund transfers are intended to mitigate the impacts of federal funding delays and economic pressures on small businesses, ensuring continued economic growth and stability.