2025 Consumer Price Index Calculation

0 HOUSE BILL 26-1364

BY REPRESENTATIVE(S) Sirota and Taggart, Brown; also SENATOR(S) Bridges and Kirkmeyer, Amabile.

CONCERNING THE CALCULATION OF THE CONSUMER PRICE INDEX FOR THE

2025 CALENDAR YEAR, AND, IN CONNECTION THEREWITH, MAKING AN APPROPRIATION.

Be it enacted by the General Assembly of the State of Colorado: SECTION 1. In Colorado Revised Statutes, add article 118 to title 24 as follows: ARTICLE 118 Consumer Price Index for Calendar Year 2025

24-118-101. Consumer price index. (1)

NOTWITHSTANDING ANY LAW TO THE CONTRARY, FOR THE

PURPOSES OF CALCULATING THE CONSUMER PRICE INDEX FOR THE 2025 CALENDAR YEAR AS NECESSARY TO COMPARE THE CONSUMER PRICE INDEX FOR 2025 TO THE CONSUMER PRICE INDEX FOR 2024 AND AS NECESSARY TO COMPARE THE CONSUMER PRICE INDEX FOR 2026 TO THE CONSUMER PRICE

Capital letters or bold & italic numbers indicate new material added to existing law; dashes through words or numbers indicate deletions from existing law and such material is not part of the act.

INDEX FOR 2025, THE CONSUMER PRICE INDEX IS DETERMINED BY AVERAGING THE TWO SEMI-ANNUAL REPORTS PRODUCED BY THE UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS FOR THE 2025 CALENDAR YEAR FOR THE RELEVANT REGION IN THE FOLLOWING SECTIONS:

(a) IN TITLE 4:

(I) SECTION 4-9-625; (b) IN TITLE 6: (I) SECTION 6-1-112;

(c) IN TITLE 8: (I) SECTION 8-6-101.5; AND

(II) SECTION 8-73-116; (d) IN TITLE 10: (I) SECTION 10-16-104; AND

(II) SECTION 10-16-1401; (e) IN TITLE 12: (I) SECTION 12-30-102;

(II) SECTION 12-115-121; (III) SECTION 12-220-310; (IV) SECTION 12-220-507; (V) SECTION 12-240-131; (VI) SECTION 12-255-130;

(VII) SECTION 12-280-139; (VIII) SECTION 12-280-140; (IX) SECTION 12-280-142; AND (X) SECTION 12-315-123; (f) IN TITLE 13 : (I) SECTION 13-10-113; (II) SECTION 13-21-102.5; (111) SECTION 13-21-203.7; AND (IV) SECTION 13-64-302; (g) IN TITLE 15: (I) SECTION 15-1-1106; (h) IN TITLE 18: (I) SECTION 18-4-511; (i) IN TITLE 22: (I) SECTION 22-20-114; (II) SECTION 22-30.5-112; (Ill) SECTION 22-30.5-513; (IV) SECTION 22-32-104; (V) SECTION 22-32-119; (VI) SECTION 22-43.7-104;

(VII) SECTION 22-54-103 .3; AND (VIII) SECTION 22-55-102; U) IN TITLE 23: (I) SECTION 23-3.1-306.5; AND (II) SECTION 23-3.9-302; (k) IN TITLE 24: (I) SECTION 24-9-106;

(II) SECTION 24-10-114; (III) SECTION 24-31-1203; (IV) SECTION 24-38.5-125; (V) SECTION 24-38.5-302; (VI) SECTION 24-65.5-103.7; (VII) SECTION 24-72-205; AND (VIII) SECTION 24-77-102; (l) IN TITLE 25: (I) SECTION 25-1-134; (II) SECTION 25-3-103; (Ill) SECTION 25-3-105; (IV) SECTION 25-3.5-208; (V) SECTION 25-7.5-102;

(VI) SECTION 25-7-122; (VII) SECTION 25-8-608; (VIII) SECTION25-17-713;AND (IX) SECTION 25-57-110; (m) IN TITLE 26.5: (I) SECTION 26.5-4-203; (n) IN TITLE 29:

(I) SECTION 29-4-1201; (o) IN TITLE 30: (I) SECTION 30-2-102; (II) SECTION 30-20-604.5; AND (111) SECTION 30-20-1403; (p) IN TITLE 31: (I) SECTION 31-16-101; (q) IN TITLE 32: (I) SECTION 32-1-1001; (II) SECTION 32-9-119; (Ill) SECTION 32-13-107; (IV) SECTION 32-13-110; AND (V) SECTION 32-14-114;

(r) IN TITLE 33:

(I) SECTION 33-4-102; (II) SECTION 33-9-203; (Ill) SECTION 33-10.5-104.5; (IV) SECTION 33-12-108; AND (V) SECTION 33-60-104; (s) IN TITLE 34: (I) SECTION 34-60-13 5; (t) IN TITLE 37: (I) SECTION 37-42-113; (u) IN TITLE 38:

(I) SECTION 38-12-203.5; (II) SECTION 38-33.3-116; (III) SECTION 38-33.3-123; AND (IV) SECTION 38-37-104; (v) IN TITLE 39: (I) SECTION 39-1-104.2; (II) SECTION 39-2-117; (III) SECTION 39-3-119.5; (IV) SECTION 39-22-129;

(V) SECTION 39-22-130; (VI) SECTION 39-22-543; (VII) SECTION 39-22-547;

(VIII) SECTION 39-31-101; (IX) SECTION 39-31-104.5; AND (X) SECTION 39-37-301;

(w) IN TITLE 40: (I) SECTION 40-2-104; (II) SECTION 40-2-135; (III) SECTION 40-7-105; AND (IV) SECTION 40-8.7-105.5;

(x) IN TITLE 41: (I) SECTION 41-3-103;

(y) IN TITLE 42: (I) SECTION 42-1-210; (II) SECTION 42-4-310; (III) SECTION 42-4-1307; AND (IV) SECTION 42-5-204;

(z) IN TITLE 43: (I) SECTION 43-4-218;

(II) SECTION 43-4-804; (III) SECTION 43-4-805; (IV) SECTION 43-4-806; (V) SECTION 43-4-1202; AND

(VI) SECTION 43-4-1302; AND (aa) IN TITLE 44: (I) SECTION 44-3-103; (II) SECTION 44-3-801; AND (Ill) SECTION 44-10-803.

APPROPRIATION FROM TOTAL

ITEM& SUBTOTAL

GENERAL FUND

CASH FUNDS

REAPPROPRIA TED FUNDS

FEDERAL FUNDS

SECTION 2. Appropriation to the department of education for the fiscal year beginning July 1, 2026. Amend as added by House Bill 26-1410 section 2, Part IV (3)(A),

the affected totals, and footnote 13 as follows:

Section 2. Appropriation. PARTIV DEPARTMENT OF EDUCATION

(3) SCHOOL DISTRICT OPERATIONS (A) Public School Finance

Administration

(17.1 FTE)

(1.5 FTE)

Financial Transparency System 97,731

Maintenance

97,731• (1.0 FTE)

School Finance Audit Payments

3,QQQ,QQQb

APPROPRIATION FROM ITEM& SUBTOTAL $

TOTAL $

GENERAL FUND $

CASH FUNDS $

REAPPROPRIA TED FUNDS $

FEDERAL FUNDS $

State Share of Districts' Total 5,567,435,495

Program Funding

4,318,686,861 C

1,257,802, 186d

10,000b

At-risk Supplemental Aid

Contingency Reserve Fund

Extended High School 13

District Per Pupil Reimbursements for Juveniles Held in Jail

• These amounts shall be from the State Education Fund created in Section 17 (4)(a) of Article IX of the State Constitution. Pursuant to Section 17 (3) of Article IX of the State Constitution, appropriations from the State Education Fund are not subject to the limitation on fiscal year spending set forth in Section 20 of Article X of the State Constitution.

APPROPRIATION FROM TOTAL

ITEM& SUBTOTAL $

GENERAL FUND $

CASH FUNDS

REAPPROPRIA TED FUNDS $

FEDERAL FUNDS $

bThese amounts shall be from the State Public School Fund created in Section 22-54-114 (l), C.R.S., from federal mineral leasing revenues transferred to the State Public School Fund pursuant to Sections 22-54-114 (1) and 34-63-102 (5 .4)(a)(Il), C.R.S. 0

Of this amount, $1,334,183,145 shall be from the General Fund Exempt Account created in Section 24-77-103.6 (2), C.R.S.

d Of this amount, $1,010,525,540 $1,019,579,092 shall be from the State Education Fund created in Section 17 (4)(a) of Article IX of the State Constitution and $238,223,094 shall be from the State Public School Fund created in Section 22-54-114 (1), C.R.S. Of the amount appropriated from the State Education Fund, an estimated $213,273,564 is from the Kids Matter Account created in the State Education Fund pursuant to Section 22-55-103 (6)(b ), C.R.S. Pursuant to Section 17 (3) of Article IX of the State Constitution, appropriations from the portion of the State Education Fund that is not the Kids Matter Account are not subject to the limitation on fiscal year spending set forth in Section 20 of Article X of the State Constitution. • This amount shall be from the Contingency Reserve Fund created in Section 22-54-117 (I )(a), C.R.S.

TOTALS PART IV (EDUCATION)

$2,371,461,010" $2,380,518,753b

• Of this amount, $1 ,334,181,145 shall be from the General Fund Exempt Account created in Section 24-77-103 .6 (2), C.R.S.

PAGE I I-HOUSE BILL 26-1364

$56,340,311 C

$850,034, 768d

APPROPRIATION FROM

ITEM&

TOTAL

SUBTOTAL $

GENERAL

CASH

REAPPROPRIA TED

FUND

FUNDS

FUNDS

FEDERAL FUNDS $

b Of this amount, $10,123,822 contains an (I) notation.

d

Of this amount, $43,900,000 contains an (I) notation. This amount contains an (I) notation.

FOOTNOTES -- The following statements are referenced to the numbered footnotes throughout section 2.

Department of Education, School District Operations, Public School Finance, Extended High School -- Pursuant to Section 22-35-108.5 (2)(b )(Ill), C.R.S., the purpose of this footnote is to specify what portion of this appropriation is intended to be available for the Teacher Recruitment Education and Preparation (TREP) Program for FY 2026-27. It is the General Assembly's intent that the Department of Education be authorized to utilize up to $2,680,250 $2,683,000 of this appropriation to fund qualified students identified as TREP Program participants. This amount is calculated based on an estimated 250 FTE TREP Program participants funded at a rate of$10,721 $10,732 per FTE pursuant to Section 22-54-103.5 (8), C.R.S., and Section 22-54-104 (4.7), C.R.S.

SECTION 3. Effective date. This act takes effect upon passage; except that section 2 of this act takes effect only if House Bill 26-1410 becomes law, in which case section 2 takes effect upon the effective date of this act or House Bill 26-1410, whichever is later. SECTION 4. Safety clause. The general assembly finds, determines, and declares that this act is necessary for the immediate preservation ofthe public peace, health, or safety or for appropriations for the support and maintenance of the departments of the state and state institutions.

Julie McCluskie SPEAKER OF THE HOUSE OF REPRESENTATIVES

James Rashad Coleman, Sr. PRESIDENT OF THE SENATE

Vanessa Reilly CHIEF CLERK OF THE HOUSE OF REPRESENTATIVES

Esther van Mourik SECRETARY OF THE SENATE

APPROVED on Thursday May 28th 2026 at 12:00pm (Date and Time)

Jared S. Polis GOVERNOR OF THE STATE OF COLORADO