C.R.S. § 22-60.5-116.5

(1) Intentionally left blank —Ed. (a) The education committees of the house of representatives and the senate, or any successor committees, shall biennially hold a joint meeting to assess the reports received concerning the effectiveness of the approved educator preparation programs in the state. (b) At the meeting, the committees shall consider the reports on the review of approved educator preparation programs received from the state board pursuant to section 22-60.5-121 . The committees shall take testimony from entities that provide the educator preparation programs, the state board of education, the Colorado commission on higher education, and any other interested persons. Based on the review of the reports and any testimony received, the committees shall assess whether the approved educator preparation programs are adequately preparing candidates to meet the quality standards adopted by rule of the state board of education pursuant to section 22-2-109 (3). (c) At the meeting, based on the review of the reports and any testimony received, the committees shall assess whether the approved principal preparation programs and alternative forms of principal preparation are adequately preparing principal candidates to meet the quality standards adopted by rule of the state board of education pursuant to section 22-2-109 (6). (2) If the committees, based on the reports received from the state board of education, determine that an approved educator preparation program is not adequately preparing licensure candidates, the committees shall instruct the Colorado commission on higher education to reduce the funding received by the institution of higher education that provides the approved educator preparation program during the next fiscal year. The commission shall notify the committees of the amount of the reduction prior to introduction of the annual general appropriation bill.