Temporarily Reduce General Fund Reserve
Summary
Colorado HB26-1363, sponsored by Representatives Brown and Sirota and Senators Amabile and Bridges, proposes temporarily lowering the state's general fund reserve requirement from 15% to 13% for fiscal years 2025-26 and 2026-27. The bill then restores the reserve requirement to 15% for fiscal years 2027-28 and beyond. The Joint Budget Committee bill adjusts current law deductions related to insurance premium tax credits and the University of Northern Colorado's osteopathic medicine program.
What changed
HB26-1363 modifies Colorado's General Fund reserve requirement, temporarily reducing it from 15% to 13% for state fiscal years 2025-26 and 2026-27 before restoring it to 15% for fiscal year 2027-28 and subsequent years. The bill adjusts deductions used in calculating the reserve requirement, including proceeds from insurance premium and corporate tax credits credited to the health insurance affordability cash fund and funds related to the University of Northern Colorado College of Osteopathic Medicine.
For Colorado state government and budget analysts, the bill provides temporary flexibility in managing state reserves during the specified fiscal years. Private businesses and organizations interacting with state programs funded through the general fund may see minor indirect effects on budget availability, though the bill does not create new regulatory obligations or compliance requirements for the private sector. The change is administrative in nature and scoped solely to state government financial management.
What to do next
- Monitor HB26-1363 as it progresses through the Colorado legislature
- Track committee hearings and amendments in the House Appropriations Committee
- Review fiscal note for impact on state budget projections
Archived snapshot
Apr 12, 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.
HB26-1363
Temporarily Reduce General Fund Reserve
| Type | Bill |
|---|---|
| Session | 2026 Regular Session |
| Subjects | State Revenue & Budget |
Concerning a temporary reduction in the general fund reserve.
Recent Bill (PDF) Recent Fiscal Note (PDF) Bill Summary:
Joint Budget Committee. Under current law, the general fund reserve requirement is equal to 15% of the amount appropriated for expenditure from the general fund for that fiscal year minus:
- The difference between $100,000,000 and the proceeds of the sale of insurance premium and corporate tax credits that are credited to the health insurance affordability cash fund; and
- Unless money held in an escrow account in connection with the university of northern Colorado's college of osteopathic medicine is released, an additional $41,250,000. The bill lowers the reserve requirement to 13% for state fiscal years 2025-26 and 2026-27 and then raises it back to 15% for state fiscal years 2027-28 and later.
(Note: This summary applies to this bill as introduced.)
Prime Sponsors
Kyle Brown
Representative
Emily Sirota
Senator
Judy Amabile
Senator
Jeff Bridges
Committees
House
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Status
Under Consideration
Introduced
Under Consideration
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 04/11/2026 | Reengrossed | |
| 04/09/2026 | Engrossed | |
| 04/02/2026 | Introduced |
| Date | Version | Documents |
|---|---|---|
| 04/03/2026 | Initial Fiscal Note |
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 26-1363 to the Committee of the Whole. | The motion passed on a vote of 9-2. | Vote summary |
| Hearing Summary | Committee Report: PDF | |
| Date | Calendar | Motion |
| --- | --- | --- |
| 04/11/2026 | Third Reading | BILL |
| Date | Amendment Number | Committee/ Floor Hearing | Status | Documents |
|---|---|---|---|---|
| 04/09/2026 | L.002 | Second Reading | Lost [**] |
- Amendments passed in committee are not incorporated into the measure unless adopted by the full House or Senate.
** The status of Second Reading amendments may be subsequently affected by the adoption of an amendment to the Committee of the Whole Report. Refer to the House or Senate Journal for additional information.
| Date | Location | Action |
|---|---|---|
| 04/11/2026 | House | House Third Reading Passed - No Amendments |
| 04/10/2026 | House | House Third Reading Laid Over Daily - No Amendments |
| 04/09/2026 | House | House Second Reading Special Order - Passed - No Amendments |
| 04/08/2026 | House | House Second Reading Special Order - Laid Over Daily - No Amendments |
| 04/07/2026 | House | House Committee on Appropriations Refer Unamended to House Committee of the Whole |
| 04/02/2026 | House | Introduced In House - Assigned to Appropriations |
Prime Sponsor
Rep. K. Brown | Rep. E. Sirota
Sen. J. Amabile | Sen. J. Bridges
Sponsor
Co-Sponsor
(None)
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