State Money Refinancing American Rescue Plan Coronavirus Recovery Funds
Summary
Colorado HB1407 passed on April 9, 2026, permitting state funds to refinance unspent federal American Rescue Plan coronavirus state fiscal recovery money. The bill transfers unspent state money to the general fund, extends deadlines for use of state money, and reduces certain appropriations.
What changed
Colorado HB1407 allows state funds previously used to refinance federal American Rescue Plan money to be transferred to the state's general fund. The bill also extends deadlines for utilization of state funds and reduces certain budget appropriations made in prior fiscal sessions.
State agencies administering federal recovery funds should coordinate with the Office of State Planning and Budgeting on updated spending timelines and refinancing procedures. Local governments receiving pass-through ARPA funds should monitor for any state-level changes affecting fund administration.
What to do next
- Monitor for state treasurer guidance on fund refinancing procedures
- Review updated appropriations schedules
Archived snapshot
Apr 10, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
ChangeBridge / Colorado / HB1407 Passed HB1407 House Bill Passed 2026-04-02
State Money Used to Refinance American Rescue Plan Money
Concerning state money that was used to refinance money received from the federal coronavirus state fiscal recovery fund, and, in connection therewith, transferring unspent state money to the general fund, extending a deadline for the use of state money, and reducing appropriations.
Bill Details
State Colorado
Session 2026 Regular Session
Chamber House
Official Source leg.colorado.gov/bills/HB26-1407
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Sponsors
Kyle Brown (Rep - D) Rick Taggart (Rep - R) Judith Amabile (Sen - D) Barbara Kirkmeyer (Sen - R) Emily Sirota (Rep - D) Jeff Bridges (Sen - D)
Action History
2026-04-09 H House Second Reading Special Order - Passed - No Amendments 2026-04-08 H House Second Reading Special Order - Laid Over Daily - No Amendments 2026-04-06 H House Committee on Appropriations Refer Unamended to House Committee of the Whole 2026-04-02 H Introduced In House - Assigned to Appropriations
Votes
2026-04-06 House Appropriations: Refer House Bill 26-1407 to the Committee of the Whole. Yea: 9 Nay: 2
Committee Referrals
2026-04-02 H Appropriations
Bill Text Versions
1969-12-31 Introduced
Subjects
State Government State Revenue & Budget Legislative data powered by LegiScan (CC BY 4.0)
Named provisions
Related changes
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Source document text, dates, docket IDs, and authority are extracted directly from CO-GA.
The plain-English summary, classification, and "what to do next" steps are AI-generated from the original text. Cite the source document, not the AI analysis.
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