Colorado began receiving MSA payments in 1999. The state legislature has changed Colorado began receiving MSA payments in 1999. The state legislature has changed how it has used this money over time. Currently, most of the payments goes to programs in the Department of Health Care Policy and Financing and the Department of Public Health and Environment, though other departments receive payments as well.
The final Residential Assessment Rate Study released by the Division of Property Taxation on April 17, 2017 estimates a residential assessment rate of 7.20 percent for 2017 and 2018. The General Assembly must pass a bill before this rate becomes law. Compared with the baseline forecast which was predicated on the December 2016 Legislative Council Staff assessed values forecast, the local share for school finance with a residential assessment rate of 7.20 percent will increase by between $48.7 million and $214.2 million in FY 2017-18. The actual increase in the local share for school finance will depend on the accuracy of the forecast used to estimate the local share.
To date, Colorado and 10 other states have enacted paid family and medical leave laws. The other states include California, Connecticut, Delaware, Massachusetts, New Hampshire, New Jersey, New York, Oregon, Rhode Island, and Washington. This memorandum provides a summary of the major components of the paid family and medical leave laws in each of these states.
