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CO SB130
Bill
AI Summary
Senate Bill 22-130 Summary
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Authorizes state public entities to enter into public-private partnerships (PPPs) for developing, building, financing, and operating public projects including behavioral health facilities, broadband, affordable housing, and child care services.
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Creates a public-private collaboration unit within the Department of Personnel to identify potential PPP projects, provide technical assistance, develop best practices, and coordinate with state entities and private partners.
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Establishes a Public-Private Partnership Subcommittee within the Colorado Economic Development Commission to review proposed contracts, sales, and leases of state property.
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Appropriates $306,634 to the Department of Personnel for fiscal year 2022-23 for public-private collaboration unit operations, and transfers $15 million from the General Fund to the unused state-owned real property fund.
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Authorizes the Division of Employment and Training to dispose of specific real property in Summit County, with proceeds credited to the employment support fund for building improvements.
Legislative Description
State Entity Authority For Public-private Partnerships
State Government
Last Action
Governor Signed
5/26/2022