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Colorado Cash Funds Move to Three-Year Reserve Limits

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Summary

Colorado HB26-1393 proposes exempting the public school construction and inspection cash fund and health facility construction and inspection cash fund from annual maximum reserve limitations. Under existing law, cash funds must reduce fees when uncommitted reserves exceed maximums at fiscal year-end. The bill would instead trigger fee reduction requirements only if reserves exceed the maximum for 3 consecutive fiscal years.

What changed

The bill modifies reserve requirement triggers for two specific Colorado cash funds. Currently, state agencies must reduce fees annually when uncommitted reserves exceed statutory maximums. HB26-1393 would allow agencies to maintain higher reserves for up to two fiscal years before triggering fee reduction obligations, requiring reductions only after three consecutive years of excess reserves.\n\nAffected government agencies administering these cash funds (public school construction inspection and health facility construction inspection) would gain greater flexibility in managing fee structures and fund reserves. Schools and healthcare facilities may see more stable fee environments with reduced annual adjustment requirements.

What to do next

  1. Monitor legislative progress on HB26-1393
  2. Contact sponsors or committee members for information

Archived snapshot

Apr 13, 2026

GovPing 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.

HB26-1393

Maximum Reserve Requirement for Certain Cash Funds

Type Bill
Session 2026 Regular Session
Subjects State Government

Concerning subjecting specified cash funds to a three-year maximum reserve limitation instead of the annual maximum reserve limitation, and, in connection therewith, subjecting the public school construction and inspection cash fund and the health facility construction and inspection cash fund to the three-year limitation.

Recent Bill (PDF) Recent Fiscal Note (PDF) Bill Summary:

Joint Budget Committee. Under existing law, cash funds are subject to a maximum amount of uncommitted funds that may be held in reserve at the end of each fiscal year (maximum reserve). If a fund's uncommitted reserves exceed the maximum reserve, the entity that imposes fees that are deposited in the fund shall reduce the amount of one or more of the fees to an amount calculated to reduce the uncommitted reserves to an amount that does not exceed the maximum reserve.

The bill exempts the public school construction and inspection cash fund and the health facility construction and inspection cash fund from the annual maximum reserve limitations. Instead, the funds are subject to the same substantive requirements if the uncommitted reserves of the fund exceed the maximum reserve for 3 consecutive fiscal years.

(Note: This summary applies to this bill as introduced.)

Prime Sponsors


Representative

Kyle Brown
Representative

Rick Taggart
Senator

Judy Amabile
Senator

Barbara Kirkmeyer

Committees

House

Appropriations

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Status

Under Consideration

Introduced

Under Consideration


Related Documents & Information

Date Version Documents
04/11/2026 Reengrossed PDF
04/09/2026 Engrossed PDF
04/02/2026 Introduced PDF
Date Version Documents
04/02/2026 Initial Fiscal Note PDF
Activity Vote Documents
Refer House Bill 26-1393 to the Committee of the Whole. The motion passed on a vote of 11-0. Vote summary
Hearing Summary Committee Report: PDF
Date Calendar Motion
--- --- ---
04/11/2026 Third Reading BILL
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
04/06/2026 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. R. Taggart


Sen. J. Amabile | Sen. B. Kirkmeyer

Sponsor

Rep. E. Sirota


Sen. J. Bridges

Co-Sponsor

Rep. M. Carter


Quick Links

Named provisions

Maximum Reserve Requirement for Certain Cash Funds

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Last updated

Classification

Agency
CO Legislature
Instrument
Consultation
Legal weight
Non-binding
Stage
Consultation
Change scope
Substantive
Document ID
HB26-1393

Who this affects

Applies to
Government agencies Educational institutions Healthcare providers
Industry sector
9211 Government & Public Administration
Activity scope
State fund management Fee calculations Reserve requirements
Geographic scope
Colorado US-CO

Taxonomy

Primary area
Financial Services
Operational domain
Finance
Topics
Healthcare Education Government Contracting

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