HB 26-1416

House Bill 26-1416, which has been signed into law, requires the state treasurer to transfer money from a scholarship fund for high school students. Specifically, $1.2 million will go to the Colorado Economic Development Fund and $2.3 million will be moved to the general fund on June 30, 2026. This affects the funding available for scholarships but supports other areas of state spending and economic development. Since it has been signed, these transfers are set to occur as scheduled unless changed by future legislation.

Official 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.)

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