CO SB315

Consolidates existing postsecondary and workforce readiness programs into three funding streams: Start-up Funding (2025-26 through 2027-28), Sustain Funding (beginning 2026-27), and the John W. Buckner Postsecondary and Workforce Readiness Innovation Grant Program (beginning 2028-29)

Establishes a state goal that 100% of high school graduates in the class of 2029 and beyond will have earned an in-demand credential, 12 postsecondary credits, or completed a high-quality work-based learning opportunity

Phases out the ASCENT (Accelerating Students Through Concurrent Enrollment) program by prohibiting new participant designations after the 2025-26 state fiscal year, with full repeal effective July 1, 2029

Allocates Sustain Funding reimbursements for 2026-27 as: 20% for postsecondary credit attainment, 40% for industry-recognized credentials, 35% for work-based learning, and 5% for administrative costs

Appropriates $5,018,715 for the 2025-26 fiscal year ($4,773,583 general fund, $245,132 state education fund) for postsecondary workforce readiness administration and start-up funding distributions to local education providers