{"id":36326,"date":"2026-05-12T16:55:13","date_gmt":"2026-05-12T16:55:13","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/36326\/"},"modified":"2026-05-12T16:55:13","modified_gmt":"2026-05-12T16:55:13","slug":"capitol-legislature-updates-on-school-funding-ai-rules-pinnocol-bill","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/36326\/","title":{"rendered":"Capitol legislature updates on school funding, AI rules, Pinnocol bill"},"content":{"rendered":"<p>The Colorado legislature <a href=\"https:\/\/www.denverpost.com\/2026\/05\/11\/legislature-chat-bots-data-centers-immigration\/\" rel=\"nofollow noopener\" target=\"_blank\">has fewer than two full days left<\/a> before it finishes its regularly scheduled work for the year, as lawmakers take final action on remaining bills and send more legislation to Gov. Jared Polis for passage into law. Here\u2019s the latest on Tuesday\u2019s action.<\/p>\n<p>This story will be updated throughout the day.<\/p>\n<p>10:52 a.m. update: A Hail Mary effort to let the quasi-governmental workers\u2019 comp insurance program Pinnacol Assurance <a href=\"https:\/\/www.denverpost.com\/2026\/04\/07\/pinnacol-assurance-spinoff-privatization-colorado-legislature\/\" rel=\"nofollow noopener\" target=\"_blank\">go private<\/a> has officially fallen short.<\/p>\n<p>House Speaker Julie McCluskie announced the latest attempt to privatize Pinnacol at the beginning of April \u2014 giving backers about a month to push through a bill before the mandatory end of the legislative session on Wednesday. Pinnacol serves as the workers\u2019 compensation insurer of last resort, providing coverage to high-risk industries that traditional insurers don\u2019t touch.<\/p>\n<p>But the latest effort was doomed, before the bill was even introduced, by opposition from union members who worried about losing affordable coverage, legal wranglings around whether the state could even take the money from a Pinnacol sale and, ultimately, the legislature\u2019s looming deadline to adjourn.<\/p>\n<p><a href=\"https:\/\/www.denverpost.com\/2026\/05\/12\/colorado-jared-polis-legislature-transparency-lobbying\/\" rel=\"nofollow noopener\" target=\"_blank\">Colorado lawmakers want more lobbying transparency from the next governor. Could Polis stand in the way?<\/a><\/p>\n<p>\u201cUnfortunately, I don\u2019t think I got a good deal until the last week or two that would have kept Pinnacol as an insurer of last resort and saved (the Colorado Public Employees\u2019 Retirement Association) and allowed Pinnacol to compete in other states,\u201d Senate Majority Leader Robert Rodriguez, a Denver Democrat, said. \u201cI just don\u2019t know that the timing was there. I don\u2019t know if labor would have been on board.\u201d<\/p>\n<p>Spinning off the program has been <a href=\"https:\/\/www.denverpost.com\/2025\/01\/02\/pinnacol-assurance-privatization-jared-polis-colorado-pera\/\" rel=\"nofollow noopener\" target=\"_blank\">a longtime goal<\/a> of some policymakers, including Gov. Jared Polis. Pinnacol\u2019s share of the workers&#8217; comp market has dropped from about 60% in 2015 to 49% in 2024, as more companies work across state lines.<\/p>\n<p>Pinnacol, as a quasi-state agency, can serve only Colorado businesses. Allowing Pinnacol to go private, and thus serve clients across state lines, could help the insurer remain viable, backers argue.<\/p>\n<p>The state\u2019s <a href=\"https:\/\/www.denverpost.com\/2026\/04\/05\/colorado-budget-deficit-causes-medicaid-legislature\/\" rel=\"nofollow noopener\" target=\"_blank\">tight budget<\/a> is also a factor that has fueled the effort. Allowing Pinnacol to go private could land the state a one-time windfall worth hundreds of millions of dollars. Rodriguez said concerns that the state couldn&#8217;t afford a property tax exemption for seniors spurred him to work on the issue. Lawmakers were able to find other money to pay for that property tax exemption.<\/p>\n<p>The next stage of the fight over Pinnacol\u2019s future may go to voters this November. Supporters of Pinnacol privatization are gathering signatures for <a href=\"https:\/\/leg.colorado.gov\/initiatives\/separation-of-pinnacol-assurance-from-the-state-to-fund-workforce-development-317\" rel=\"nofollow noopener\" target=\"_blank\">a ballot initiative<\/a> that would turn Pinnacol into a fully independent insurance company. In return, the state would receive a one-time $150 million payment, plus an estimated $10.5 million annually, with the money going into a new fund for skilled workers in the trades.<\/p>\n<p>Rodriguez said he hopes the ballot measure doesn\u2019t pass, citing \u201ca lot of unfortunate ramifications.&#8221;<\/p>\n<p>10:23 a.m. update: Welcome to the penultimate day of the 2026 regular session. Let&#8217;s start with a quick summary of what happened last night.<\/p>\n<p>In case you missed it, Democratic lawmakers <a href=\"https:\/\/www.denverpost.com\/2026\/05\/11\/legislature-chat-bots-data-centers-immigration\/\" rel=\"nofollow noopener\" target=\"_blank\">dropped their last-minute plans<\/a> to try to neuter a proposed ballot measure that would give Coloradans broad rights to use and sell natural gas. In the Senate, lawmakers gave final approval to <a href=\"https:\/\/leg.colorado.gov\/bills\/SB26-135\" rel=\"nofollow noopener\" target=\"_blank\">Senate Bill 135<\/a>, which would let the state keep billions of dollars in additional revenue for education and other spending &#8212; so long as voters approve it on the ballot in November.<\/p>\n<p>The Senate also waved through <a href=\"https:\/\/leg.colorado.gov\/bills\/sb26-189\" rel=\"nofollow noopener\" target=\"_blank\">Senate Bill 189<\/a> &#8212; that&#8217;s the legislature&#8217;s much-awaited rewrite of <a href=\"https:\/\/www.denverpost.com\/2026\/05\/10\/colorado-artificial-intelligence-regulations-compromise-bill\/\" rel=\"nofollow noopener\" target=\"_blank\">Colorado&#8217;s artificial intelligence regulations<\/a>. That bill now goes to Gov. Jared Polis, who is expected to sign it into law.<\/p>\n<p>Elsewhere, given the late hour of the session, bills that have quietly languished on the calendar are going to start dying. Among the condemned is <a href=\"https:\/\/leg.colorado.gov\/bills\/HB26-1046\" rel=\"nofollow noopener\" target=\"_blank\">House Bill 1046<\/a>, which would&#8217;ve <a href=\"https:\/\/www.denverpost.com\/2026\/03\/31\/colorado-paycheck-advance-payday-loan-legislature\/\" rel=\"nofollow noopener\" target=\"_blank\">carved out paycheck advance services from Colorado&#8217;s payday loan regulations<\/a>.<\/p>\n<p><a href=\"https:\/\/myaccount.denverpost.com\/dp\/preference\" rel=\"nofollow noopener\" target=\"_blank\">Stay up-to-date with Colorado Politics by signing up for our weekly newsletter, The Spot.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The Colorado legislature has fewer than two full days left before it finishes its regularly scheduled work for&hellip;\n","protected":false},"author":2,"featured_media":36327,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[24,25,2130,22800,12525,2131,22801,76,11687,11761,2901,2853,7546,66,464,11763,384],"class_list":["post-36326","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ai","tag-ai","tag-artificial-intelligence","tag-colorado","tag-colorado-house","tag-colorado-legislature","tag-colorado-news","tag-colorado-senate","tag-education","tag-front-range","tag-gov","tag-jared-polis","tag-latest-headlines","tag-natural-gas","tag-news","tag-politics","tag-regulations","tag-taxes"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/36326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=36326"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/36326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/36327"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=36326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=36326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=36326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}