1. (1)

   1. (a) The provider stabilization fund advisory board is created to support the state department with the implementation of this part 6. The advisory board consists of nine members appointed by the governor as follows:

      1. (I) Five members who are eligible safety net providers or who represent associations of eligible safety net providers, at least two of whom must be from a rural area of the state;
      2. (II) Three members who are low-income, uninsured individuals who are Colorado residents and who rely on safety net providers for health care or who are representatives from Colorado-based consumer advocacy organizations that work on safety net health-care matters; and
      3. (III) One member who is an employee of the state department.

   2. (b)

      1. (I) The governor shall make the initial appointments to the advisory board as soon as possible after May 28, 2025, but no later than August 1, 2025.
      2. (II) Members of the advisory board serve at the pleasure of the governor. The term of appointment is three years.
   3. (c) Members of the advisory board serve without compensation and without reimbursement for expenses.
   4. (d) The advisory board shall elect a chair and vice-chair from among its provider and consumer members and shall meet as necessary at the call of the chair to perform its functions as specified in this part 6.
2. (2) The advisory board shall consult with the state department, as well as the state board as necessary, in implementing this part 6, including assisting the state department in administering and providing oversight of the provider stabilization fund and in leveraging the fund to obtain federal matching money.
3. (3) This section is repealed, effective September 1, 2031. Before the repeal, the committee is scheduled for review in accordance with section 2-3-1203.

Source: L. 2025: Entire part added, (SB 25-290), ch. 274, p. 1427, § 2, effective May 28.