HB 26-1405

House Bill 26-1405, which has been signed into law, requires the state treasurer to transfer money from various specific funds to the general fund at different dates in 2026 and 2027. This includes transferring millions of dollars from funds like the school clean drinking water fund, scale-up grant fund, and small business recovery fund to help support broader state spending needs. The bill affects how these dedicated funds are managed and impacts their ability to use money for their intended purposes. Since it has been signed, these transfers will start happening as scheduled unless further action is taken by the legislature or governor.

Official 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.)

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