HB26-1416 Transfers $1.2M to Colorado Economic Development Fund and $2.3M to General Fund
Summary
HB26-1416 proposes two transfers from the universal high school scholarship cash fund totaling $3.5 million: $1.2 million to the Colorado economic development fund and $2.3 million to the general fund, both scheduled for June 30, 2026. Sponsored by Representative Kenny Nguyen, Representative Kyle Brown, Senator Judy Amabile, and Senator John Carson, the bill passed the House Appropriations Committee and was referred unamended to the Committee of the Whole on April 24, 2026.
“The bill requires the state treasurer to transfer $1.2 million from the universal high school scholarship cash fund (fund) to the Colorado economic development fund and $2.3 million from the fund to the general fund on June 30, 2026.”
State agencies and educational institutions relying on the universal high school scholarship cash fund should monitor HB26-1416's progress through the Colorado legislature, as enactment would reduce the fund's balance by $3.5 million effective June 30, 2026, potentially affecting scholarship disbursement capacity.
About this source
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
HB26-1416 requires the Colorado state treasurer to transfer $1.2 million from the universal high school scholarship cash fund to the Colorado economic development fund and $2.3 million from the same fund to the general fund on June 30, 2026. The bill is currently in the legislative pipeline, having passed the House Appropriations Committee and been referred to the Committee of the Whole. Affected parties should monitor the bill's progress through the Colorado General Assembly as these transfers would reduce available balances in the scholarship cash fund if enacted.
The bill's passage through the Committee of the Whole and subsequent chambers would constitute a transfer of fiscal resources that may affect scholarship program funding levels and budget planning for related state programs.
Meeting
- Date
- 2026-04-24
- Location
- Old State Library
Archived snapshot
Apr 24, 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.
HB26-1416
Transfers to General Fund & Colorado Economic Development Fund
| Type | Bill |
|---|---|
| Session | 2026 Regular Session |
| Subjects | Fiscal Policy & Taxes |
Concerning transfers from the universal high school scholarship cash fund.
Recent Bill (PDF) Recent Fiscal Note (PDF) Bill Summary:
The bill requires the state treasurer to transfer $1.2 million from the universal high school scholarship cash fund (fund) to the Colorado economic development fund and $2.3 million from the fund to the general fund on June 30, 2026.
(Note: This summary applies to this bill as introduced.)
Prime Sponsors
Kenny Nguyen
Representative
Kyle Brown
Senator
Judy Amabile
Senator
John Carson
Committees
House
Share:
-
If you require reasonable accessibility accommodation to access this content, please email accessibility@coleg.gov.
Status
Under Consideration
Introduced
Under Consideration
Upcoming Schedule
1 meeting
Apr 24
House Appropriations
8:30 AM Old State Library
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 04/13/2026 | Introduced |
| Date | Version | Documents |
|---|---|---|
| 04/22/2026 | Initial Fiscal Note |
| Date | Version | Documents |
|---|---|---|
| 04/22/2026 | SA1 |
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 26-1416 to the Committee of the Whole. | The motion passed on a vote of 10-1. | Vote summary |
| Date | Location | Action |
|---|---|---|
| 04/24/2026 | House | House Committee on Appropriations Refer Unamended to House Committee of the Whole |
| 04/13/2026 | House | Introduced In House - Assigned to Appropriations |
Prime Sponsor
Rep. K. Brown | Rep. K. Nguyen
Sen. J. Amabile | Sen. J. Carson
Sponsor
Rep. S. Camacho | Rep. M. Carter | Rep. M. Lindsay | Rep. C. Richardson | Rep. M. Soper | Rep. K. Stewart | Rep. R. Taggart | Rep. B. Titone | Rep. E. Velasco | Rep. T. Winter | Rep. D. Woog
Sen. R. Pelton | Sen. D. Roberts
Co-Sponsor
(None)
Quick Links
Related changes
Get daily alerts for CO Legislature Bill Search
Daily digest delivered to your inbox.
Free. Unsubscribe anytime.
Source
About this page
Every important government, regulator, and court update from around the world. One place. Real-time. Free. Our mission
Source document text, dates, docket IDs, and authority are extracted directly from CO Legislature.
The summary, classification, recommended actions, deadlines, and penalty information are AI-generated from the original text and may contain errors. Always verify against the source document.
Classification
Who this affects
Taxonomy
Browse Categories
Get alerts for this source
We'll email you when CO Legislature Bill Search publishes new changes.
Subscribed!
Optional. Filters your digest to exactly the updates that matter to you.