Colorado HB1403 was signed into law on April 2, 2026, during the 2026 Regular Session. The bill specifically addresses information technology annual depreciation-lease equivalent payments, prohibiting their transfer to the general fund when unexpended. The legislation was sponsored by Representatives Kyle Brown, Emily Sirota, Rick Taggart, and Senators Jeff Bridges, Barbara Kirkmeyer, and Judith Amabile, and was referred to the Appropriations Committee.

State government agencies and departments should review their IT budgeting and depreciation accounting procedures to ensure compliance with the new restrictions on fund transfers. No specific compliance deadline, penalties, or transition period were identified in the document. Affected agencies should monitor official guidance from the Colorado legislature for implementation details.