HB26-1409 Revises Retail Marijuana Sales Tax Distribution Allocations
Summary
HB26-1409 would eliminate the current 3.5% distribution of gross retail marijuana sales tax revenue to local governments and redistribute the funds across four new allocation categories: 73.17% to the marijuana tax cash fund, 11.33% to the state public school fund, 1.5% to the marijuana cash fund, and 14% to the general fund. The bill also creates a year-end sweep mechanism requiring the state treasurer to transfer funds to the state public school fund based on a formula tied to the marijuana tax cash fund balance and legislative appropriations. The bill passed both chambers and adopted a Conference Committee Report on April 24, 2026, but has not yet been signed into law.
“Current law requires 3.5% of the gross retail marijuana sales tax revenue to be distributed to local governments.”
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The Colorado General Assembly publishes every bill, amendment, fiscal note, and committee report introduced during the legislative session through this feed. Around 140 entries a month while the legislature is in session, covering education, healthcare, workforce, environment, criminal justice, and tax. Colorado is one of the fastest-moving states for cannabis, healthcare reform, and worker protection legislation, so what gets introduced here often previews what other states will copy a year or two later. Watch this if you lobby in Colorado, advise multistate clients on regulatory creep, or track interstate trends in any of those areas. GovPing publishes each bill with the sponsor, status, and committee assignment.
What changed
HB26-1409 modifies the statutory distribution framework for Colorado's retail marijuana sales tax revenue by eliminating the fixed 3.5% local government allocation and replacing it with a tiered distribution structure allocating funds to the marijuana tax cash fund (73.17%), state public school fund (11.33%), marijuana cash fund (1.5%), and general fund (14%). The bill also adds a year-end reconciliation mechanism requiring the state treasurer to transfer excess balances from the marijuana tax cash fund to the state public school fund.
Local governments currently receiving marijuana tax distributions will lose that revenue stream if this bill becomes law. The bill shifts a meaningful portion of marijuana tax proceeds toward education funding via the state public school fund and expands the general fund's share of marijuana tax revenue from zero to 14%. State budget administrators and local government finance officials should monitor the bill's progress toward gubernatorial action.
Archived snapshot
Apr 25, 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.
HB26-1409
Marijuana Tax Cash Fund Distributions
| Type | Bill |
|---|---|
| Session | 2026 Regular Session |
| Subjects | Fiscal Policy & Taxes Liquor, Tobacco, & Marijuana Local Government State Government State Revenue & Budget |
Concerning the distribution of money collected from the retail marijuana sales tax.
Recent Bill (PDF) Recent Fiscal Note (PDF) Bill Summary:
Joint Budget Committee. Current law requires 3.5% of the gross retail marijuana sales tax revenue to be distributed to local governments. The bill eliminates the distribution to local governments and allocates the gross retail marijuana sales tax revenue as follows:
- 73.17% to the marijuana tax cash fund (fund);
- 11.33% to the state public school fund;
- 1.5% to the marijuana cash fund; and
14% to the general fund.
The bill also directs the state treasurer to transfer from the fund to the state public school fund at the end of each fiscal year, an amount equal to the difference between the balance of the fund and:15% of the amount that the general assembly appropriated from the fund in that fiscal year; and
Any amount of the fund designated to be part of the emergency reserve for that fiscal year.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Prime Sponsors
Kyle Brown
Representative
Emily Sirota
Senator
Jeff Bridges
Senator
Barbara Kirkmeyer
Committees
House
Senate
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Status
Under Consideration
Introduced
Under Consideration
Upcoming Schedule
1 meeting
Apr 27
House Consideration of Conference Committee Report(*s)
10:00 AM House Chamber
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 04/16/2026 | Rerevised | |
| 04/15/2026 | Revised | |
| 04/11/2026 | Reengrossed | |
| 04/09/2026 | Engrossed | |
| 04/02/2026 | Introduced |
| Date | Version | Documents |
|---|---|---|
| 04/17/2026 | First Revised Fiscal Note | |
| 04/03/2026 | Initial Fiscal Note |
| Activity | Vote | Documents |
|---|
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 26-1409 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. | The motion passed on a vote of 7-0. | Vote summary |
| Hearing Summary | Committee Report: PDF | |
| Activity | Vote | Documents |
| --- | --- | --- |
| Refer House Bill 26-1409 to the Committee of the Whole. | The motion passed on a vote of 10-1. | 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 | 53 AYE 9 NO 3 OTHER | Vote record |
| 04/11/2026 | Third Reading | BILL | 42 AYE 17 NO 6 OTHER | Vote record |
| Date | Amendment Number | Committee/ Floor Hearing | Status | Documents |
|---|---|---|---|---|
| 04/15/2026 | L.002 | Second Reading | Passed [**] |
- 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 - Floor |
| 04/14/2026 | Senate | Senate Committee on Appropriations Refer Unamended - Consent Calendar 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 - 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. Bridges | Sen. B. Kirkmeyer
Sponsor
Co-Sponsor
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