HB 13-1263 Summary

• Removes the exemption from private occupational school regulation for educational programs offered by tax-exempt organizations under Internal Revenue Code section 501(c), making nonprofit private occupational schools subject to board regulation.

• Updates the Proprietary Postsecondary Education Board membership requirement to reference federal Title IV loans and funds instead of just the Colorado student loan program.

• Eliminates the Private Occupational School Board's power to grant accreditation to schools, removing the voluntary accreditation process and associated fee requirements.

• Modifies application requirements for private occupational school certificates of approval to reference financial stability documentation as specified in minimum standards and bond provisions rather than requiring specific accounting formats.

• Clarifies that complaints of deceptive trade or sales practices must be filed within two years after a student discontinues training or before training commencement, and specifies complaints are public records subject to the Colorado Public Records Act.