House Finance

Tuesday, May 12, 2026·▶ Watch / Listen

In its final meeting of the session, House Finance killed SB26-183, which would have let the Colorado School of Mines tap leftover certificate-of-participation capacity to finance a $13 million renewal of its 1906 Guggenheim Hall — the motion to advance failed on a bipartisan 7-4 vote.

Key Actions

·State Funding for Colorado School of Mines Capital Construction CostsKilled

Notable Quotes

“So I came in thinking I'd be an automatic no. But the more I'm thinking through it, you know this Capital Development Committee we have buildings at Fort Logan have been shut down with acute critical need for mental health beds. And they say, well, there's no money. All of a sudden we're finding all this money to refurbish a building for a school that is a public school and we give it public support, but has the highest median income of any university or college in the state, private or public. And yet I think our priorities are just not in the right place on this.”
Bob Marshall — Marshall walked the committee through his reasoning to a no vote, framing the central objection: spending scarce state capital capacity on a well-off institution while other critical needs go unmet.

+ 3 more quotes

Votes

Postponed indefinitely — bill killedAction

Yes (7)Sean Camacho, Yara Zokaie, Ken DeGraaf, Lorena Garcia, Bob Marshall, Rebekah Stewart, Max Brooks

No (4)Anthony Hartsook, Brianna Titone, Ryan Gonzalez, Steven Woodrow

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TranscriptPreview

The committee will come to order. Please call the roll. Representatives brooks. Macho? Here. DeGraff. Yes. Garcia Gonzalez. Hi. Hartzook? Here. Marshall. Here. Stuart. Here. Zo? Here. Tatone? Still here. Mr. Chair. Here. Welcome to the last meeting of House Finance. We have one bill, Senate Bill 183. We have our sponsors here who'd like to kick us off. Representative Lindsay thank you, Mr. Chair. Thank you, Committee. This is my last bill to present in committee for the session. So very excited to be here with you all. Rep. Winter and I. Sorry, excuse me. Assistant Minority Leader Winter and I are here to present Senate Bill 183. For anybody who doesn't know we serve on capital development together and we get to look at all of the state properties and look at their capital requests. This bill comes out of that area of work. And so here's a little bit of background. In 2024, the General assembly enacted HB 1231, all authorizing certificates of participation, also known as COPs, a form of bond financing for certain higher education capital projects relating to health sciences. This bill set a maximum annual state Appropriation limit of 17.5 million to pay…

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