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HB26-1405 Cash Fund Transfers to State General Fund

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Summary

HB26-1405, sponsored by Representatives Kyle Brown and Emily Sirota and Senators Judy Amabile and Barbara Kirkmeyer, requires the Colorado state treasurer to execute multiple cash fund transfers totaling over $91 million to the state general fund on specified dates in June and July 2026, with additional transfers scheduled for June 2027 and recurring annual transfers through 2033. Affected cash funds include the school and child care clean drinking water fund ($5.3 million), information technology revolving fund ($21 million combined), severance tax operational fund ($18.4 million combined), local government severance tax fund ($19.4 million), and approximately 20 other named cash funds. The bill passed the House on third reading on April 11, passed the Senate on third reading on April 16, and is currently in conference committee following House non-concurrence with Senate amendments.

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What changed

HB26-1405 adds a statutory requirement for the Colorado state treasurer to execute a series of inter-fund transfers from approximately 30 named cash funds to the state general fund, with the largest transfers being $19.4 million from the local government severance tax fund (June 30, 2026), $18.4 million combined from the severance tax operational fund (June 2026 and June 2027), $21 million from the information technology revolving fund, and $5.3 million from the school and child care clean drinking water fund. The bill also establishes a recurring annual transfer of $400,000 from the mobile home park resident empowerment loan and grant program fund on each June 30 from 2027 through 2033. Affected parties include state agencies and programs that maintain balances in the enumerated cash funds, as the transfers reduce available balances in those funds. State finance and treasury personnel should confirm the applicable transfer dates and amounts for funds under their administration, and monitor conference committee outcomes for any amendments affecting the transfer schedule.

Archived snapshot

Apr 27, 2026

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HB26-1405

Cash Fund Transfers to General Fund

Type Bill
Session 2026 Regular Session
Subjects State Revenue & Budget

Concerning transfers of money from certain cash funds to the general fund.

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

Joint Budget Committee. The bill requires the state treasurer to make certain transfers of money from certain cash funds to the general fund.

On June 12, 2026, the state treasurer is required to transfer $16,747 from the local governmental entity backfill cash fund to the general fund (section ~~30~~ **** 31 of the bill).

On June 28, 2026, the state treasurer is required to transfer $5.3 million from the school and child care clean drinking water fund to the general fund (section ~~28~~ **** 29).

On June 30, 2026, the state treasurer is required to transfer the following amounts to the general fund:

  • $1,057,001 from the scale-up grant fund (section 1);
  • $796,959 from the qualified apprenticeship intermediary grant fund (section 2);
  • $200,000 from the immediate payment fund (section 3);
  • $500,000 from the Colorado uninsured employer fund (section 4);
  • $750,000 from the records and reports fund (section 5);
  • $9.2 million from the kickstarter program master account (section 6);
  • $200,000 from the electronic recording technology fund (section 7);
  • $250,000 from the tobacco settlement defense account within the tobacco litigation settlement cash fund (section 8);
  • $1 million from the Colorado bureau of investigation identification unit fund (section ~~12~~ **** 13);
  • $11 million from the information technology revolving fund (section ~~16~~ **** 17);
  • $10 million from the technology risk prevention and response fund (section ~~17~~ **** 18);
  • $15 million from the small business recovery and resiliency fund (section ~~19~~ **** 20);
  • $1 million from the supplemental state contribution fund (section ~~20~~ **** 21);
  • The unexpended and unencumbered balance of the controlled maintenance trust fund (section ~~22~~ **** 23);
  • $1 million from the account for the department of public safety within the indirect costs excess recovery fund (section ~~23~~ **** 24);
  • $800,000 from the unused state-owned real property fund (section ~~24~~ **** 25);
  • $5.4 million from the supplier database cash fund (section ~~25~~ **** 26);
  • $215,000 from the fixed-wing and rotary-wing ambulances cash fund (section ~~26~~ **** 27);
  • $5,162,373 from the community impact cash fund (section ~~27~~ **** 28);
  • $3 million from the mobile home park water quality fund (section ~~29~~ **** 30);
  • $7,252,996 from the severance tax operational fund (section ~~31~~ 32); and
  • $19.4 million from the local government severance tax fund (section ~~32~~ **** 33).
    On July 1, 2026, the state treasurer is required to transfer the following amounts to the general fund:

  • $74,654 from the governor's mansion maintenance fund ( section 9 );

  • $400,000 from the peace officers behavioral health support and community partnership fund (section ~~10~~ **** 11);

  • $117,551 from the child care facility development cash fund (section ~~11~~ **** 12);

  • $427,113 from the multidisciplinary crime prevention and crisis intervention grant fund (section ~~13~~ **** 14);

  • $111,191 from the law enforcement workforce recruitment, retention, and tuition grant fund (section ~~14~~ **** 15);

  • $686,890 from the state's mission for assistance in recruiting and training (SMART) policing grant fund (section ~~15~~ **** 16);

  • $10 million from the information technology revolving fund (section ~~16~~ **** 17); and

  • $15 million from the 'Infrastructure Investment and Jobs Act' cash fund (section ~~21~~ **** 22).
    ~~On September 1, 2026, the state treasurer is required to transfer $27.3 million from the local government severance tax fund to the general fund (~~ ~~section 32~~ ~~).~~

On June 30, 2027, the state treasurer is required to transfer the following amounts to the general fund:

  • The unexpended and unencumbered balance of the decarbonization tax credits administration cash fund (section ~~18~~ **** 19);
  • $5 million from the community impact cash fund (section ~~27~~ **** 28); ~~and~~
  • $11,150,000 from the severance tax operational fund (section ~~31~~ **** 32) ; and
  • $27.3 million from the local government severance tax fund to the general fund ( section 33 ). On June 30, 2027, and on each June 30 thereafter through June 30, 2033, the state treasurer is required to transfer $400,000 from the mobile home park resident empowerment loan and grant program fund (section ~~9~~ **** 10).

(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Prime Sponsors


Representative

Kyle Brown
Representative

Emily Sirota
Senator

Judy Amabile
Senator

Barbara Kirkmeyer

Committees

House

Appropriations

Senate

Appropriations

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Status

Under Consideration

Introduced

Under Consideration


Upcoming Schedule

1 meeting

Mon

Apr 27

House Consideration of Conference Committee Report(*s)

10:00 AM House Chamber


Related Documents & Information

Date Version Documents
04/16/2026 Rerevised PDF
04/15/2026 Revised PDF
04/11/2026 Reengrossed PDF
04/09/2026 Engrossed PDF
04/02/2026 Introduced PDF
Date Version Documents
04/14/2026 PA1 PDF
Date Version Documents
04/17/2026 Third Revised Fiscal Note PDF
04/14/2026 Second Revised Fiscal Note PDF
04/12/2026 First Revised Fiscal Note PDF
04/03/2026 Initial Fiscal Note PDF
Date Version Documents
04/13/2026 SA1 PDF
Activity Vote Documents
Activity Vote Documents
Adopt amendment L.007 The motion passed without objection. Vote summary
Refer House Bill 26-1405, as amended, to the Committee of the Whole. The motion passed on a vote of 7-0. Vote summary
Hearing Summary Committee Report: PDF
Activity Vote Documents
--- --- ---
Refer House Bill 26-1405 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
--- --- ---
04/24/2026 Conference Committee Report REPASS
04/24/2026 Conference Committee Report ADOPT CCR
04/16/2026 Third Reading BILL

| --- | --- | --- | --- | --- |
| 04/17/2026 | Senate Amendments | NOT CNCR | 51 AYE 11 NO 3 OTHER | Vote record |
| 04/11/2026 | Third Reading | BILL | 44 AYE 15 NO 6 OTHER | Vote record |

Date Amendment Number Committee/ Floor Hearing Status Documents
04/15/2026 L.010 Second Reading Passed [**] PDF
04/15/2026 L.008 Second Reading Passed [**] PDF
04/15/2026 L.009 Second Reading Passed [**] PDF
04/14/2026 L.007 SEN Appropriations Passed [*] PDF
04/09/2026 L.001 Second Reading Passed [**] PDF
04/09/2026 L.006 Second Reading Passed [**] PDF
04/09/2026 L.004 Second Reading Lost [**] PDF
  • 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
04/24/2026 Senate Senate Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass
04/17/2026 House House Considered Senate Amendments - Result was to Not Concur - Request Conference Committee
04/16/2026 Senate Senate Third Reading Passed - No Amendments
04/15/2026 Senate Senate Second Reading Special Order - Passed with Amendments - Committee, Floor
04/14/2026 Senate Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole
04/13/2026 Senate Introduced In Senate - Assigned to Appropriations
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 with Amendments - Floor
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. B. Kirkmeyer

Sponsor

Rep. R. Taggart


Sen. J. Bridges

Co-Sponsor

(None)

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Last updated

Classification

Agency
CO Legislature
Instrument
Consultation
Branch
Legislative
Bill ID
HB26-1405
Legal weight
Non-binding
Stage
Consultation
Change scope
Substantive

Who this affects

Applies to
Government agencies
Industry sector
9211 Government & Public Administration
Activity scope
State treasury operations Cash fund management Budget transfers
Geographic scope
Colorado US-CO

Taxonomy

Primary area
Financial Services
Operational domain
Finance
Topics
Taxation Banking

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