HB 26-1416
signedTransfers to General Fund & Colorado Economic Development Fund
Plain-English Summary
AI-generatedHouse 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 act 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 enacted.)
Details
- Chamber
- House
- First action
- 2026-06-03
- Latest action
- 2026-04-13
- Last action desc.
- Introduced In House - Assigned to Appropriations
- OpenStates
- View source ↗
Sponsors
- Kyle Brown (sponsor) · Democratic
- Kenny Nguyen (sponsor) · Democratic
- Judy Amabile (sponsor) · Democratic
- John Carson (sponsor) · Republican
- Sean Camacho (sponsor) · Democratic
- Michael Carter (sponsor) · Democratic
- Mandy Lindsay (sponsor) · Democratic
- Chris Richardson (sponsor) · Republican
- Matt Soper (sponsor) · Republican
- Katie Stewart (sponsor) · Democratic
- Rick Taggart (sponsor) · Republican
- Brianna Titone (sponsor) · Democratic
- Elizabeth Velasco (sponsor) · Democratic
- Ty Winter (sponsor) · Republican
- Dan Woog (sponsor) · Republican
- Rod Pelton (sponsor) · Republican
- Dylan Roberts (sponsor) · Democratic
- Jarvis Caldwell (cosponsor) · Republican
- Chad Clifford (cosponsor) · Democratic
- Jamie Jackson (cosponsor) · Democratic
- Manny Rutinel (cosponsor) · Democratic
- Steven Woodrow (cosponsor) · Democratic
- James Coleman (cosponsor) · Democratic