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Works Better Corporation, a nonpartisan public benefit corporation, builds this site.

Independent public-records project, separate from the State of Colorado and from every party and campaign.

Every number carries one of four labels (FACT, CALC, SAMPLE or PENDING) and a source you can open.

State Funding for CSM Cap Constr Costs

Concerning state funding for capital construction costs for a project being undertaken by the Colorado school of mines, 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 the renewal of critical building systems for the Colorado school of mines' Guggenheim ha

SB26-183 2026 Regular Session Postponed Indefinitely Capital Construction Fiscal Policy & Taxes Higher Education State Government State Revenue & Budget

Cost estimates

At the first note read
$13,000,000
FACT April 30, 2026
At the last note read
$13,000,000
FACT May 26, 2026
What it actually cost
not published
No Colorado source reports spending for one bill

Every figure here is an estimate by Legislative Council Staff on the date shown, about the version of the bill in front of them that day. It is not a cost.

The appropriation

The note states no appropriation is required.

An appropriation is money the legislature sets aside. It is not money spent.

The appropriation field, read from the note: No appropriation was required. See State Appropriations section.

Bill summary

     The bill requires the state treasurer, on behalf of the state, to execute, no later than December 31, 2026, financed purchase of an asset or certificate of participation agreements (financing agreements) to finance a portion of the capital costs related to the capital renewal of a facility at the Colorado school of mines. The financing agreements are to be issued in an aggregate principal amount not to exceed $13 million plus reasonable and necessary administrative, monitoring, and closing costs and interest, including capitalized interest. The anticipated annual state-funded payments for the principal and interest components due under the financing agreements must not exceed the difference between $17.5 million and the amount of the annual state-funded payments for the agreements entered into pursuant to House Bill 24-1231, with principal amortization not occurring before July 1, 2027. The proceeds from the financing agreements will be used for the renewal of critical building systems of Guggenheim hall at the Colorado school of mines.

FACT Bill summary by Colorado Legislative Council Staff, read 2026-09-23. Printed as published, word for word. Source: leg.colorado.gov (opens in a new tab)