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---
type: "Bill"
title: "Lease-purchase Issuance For Capital Construction"
description: "The act requires the state treasurer, on behalf of the state, to execute a lease-purchase agreement in an amount up to $65,500,000 plus reasonable and necessary costs to fund certain capital construction needs for state institutions of higher education that are continuations of previously funded projects as specified by the capital development committee. The capital development committee is required to post the list of specific projects and the cost of each project on its official website no later than August 15, 2020. The capital development committee is also required to specify in this list, in the event of any excess money as a result of the issuance, what any remainder money must be used for."
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2020A"
identifier: "SB 20-219"
citation: "Colorado SB 20-219 (2020A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Alex Valdez", "Janice Rich", "Jerry Sonnenberg", "Rhonda Fields"]
version_count: 8
action_count: 15
vote_count: 4
first_action: "2020-06-05T06:00:00+00:00"
last_action: "2020-07-14T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/2a6417a2-4751-44f1-888f-6949cf22770e"
source_url: "http://leg.colorado.gov/bills/sb20-219"
source_hash: "a6b916bff3ea20d5f4dd7c5efa1f77d6fc37ba7fa8c3734d484d5606ee6c75b6"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-co"]
---
# Colorado SB 20-219 (2020A) — Lease-purchase Issuance For Capital Construction
The act requires the state treasurer, on behalf of the state, to execute a lease-purchase agreement in an amount up to $65,500,000 plus reasonable and necessary costs to fund certain capital construction needs for state institutions of higher education that are continuations of previously funded projects as specified by the capital development committee. The capital development committee is required to post the list of specific projects and the cost of each project on its official website no later than August 15, 2020. The capital development committee is also required to specify in this list, in the event of any excess money as a result of the issuance, what any remainder money must be used for.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Committee Amendment** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/2020a_sb219_h_app_001.pdf)
2. **Engrossed (06/06/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_219_eng.pdf)
3. **Final Act (06/22/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_219_enr.pdf)
4. **Introduced (06/05/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_219_01.pdf)
5. **Reengrossed (06/08/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_219_ren.pdf)
6. **Rerevised (06/12/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_219_rer.pdf)
7. **Revised (06/11/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2020A/bills/2020a_219_rev.pdf)
8. **Signed Act (07/14/2020)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/2020a_219_signed.pdf)
## Votes
- REPASS — **350** (pass) · upper
- BILL — **350** (pass) · upper
- CONCUR — **350** (pass) · upper
- BILL — **5312** (pass) · lower
## Sponsors
- Alex Valdez — primary (person)
- Janice Rich — primary (person)
- Jerry Sonnenberg — primary (person)
- Rhonda Fields — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2020-07-14T06:00:00+00:00** Governor Signed `executive-signature`
- **2020-06-22T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2020-06-22T06:00:00+00:00** Signed by the Speaker of the House
- **2020-06-19T06:00:00+00:00** Signed by the President of the Senate
- **2020-06-13T06:00:00+00:00** Senate Considered House Amendments - Result was to Concur - Repass
- **2020-06-12T06:00:00+00:00** House Third Reading Passed - No Amendments `reading-3, passage`
- **2020-06-11T06:00:00+00:00** House Second Reading Special Order - Passed with Amendments - Floor
- **2020-06-10T06:00:00+00:00** House Second Reading Laid Over Daily - No Amendments
- **2020-06-10T06:00:00+00:00** House Committee on Appropriations Refer Unamended to House Committee of the Whole `committee-passage, referral-committee`
- **2020-06-09T06:00:00+00:00** House Committee on Finance Refer Unamended to Appropriations `referral-committee`
- **2020-06-08T06:00:00+00:00** Introduced In House - Assigned to Finance + Appropriations `introduction`
- **2020-06-08T06:00:00+00:00** Senate Third Reading Passed - No Amendments `reading-3, passage`
- **2020-06-06T06:00:00+00:00** Senate Second Reading Special Order - Passed - No Amendments
- **2020-06-06T06:00:00+00:00** Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole `committee-passage, referral-committee`
- **2020-06-05T06:00:00+00:00** Introduced In Senate - Assigned to Appropriations `introduction`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2a6417a2-4751-44f1-888f-6949cf22770e`. Confidence: reported (aggregated from official Colorado legislature records).