HB 26-1359
signedCredit State Public School Fund from Natural Resources
Plain-English Summary
AI-generatedHouse Bill 26-1359, which has been signed into law, requires that a portion of money from natural resource royalties on public school lands be directed towards the state’s public school fund. Specifically, $25 million will go to the fund for the fiscal year starting July 1, 2025, and $45 million for the following fiscal year. This bill aims to provide additional funding for Colorado's public schools, benefiting students and educational programs across the state.
Official Summary
Under current law, with certain exceptions, royalties and other payments for the depletion or extraction of a natural resource on public school lands is credited to the state public school fund, which is also known as the permanent fund. The act requires that:For the 2025-26 state fiscal year, $25 million of this money be credited to the state public school fund; andFor the 2026-27 state fiscal year, $45 million of this money be credited to the state public school fund.(Note: This summary applies to this bill as enacted.)
Details
- Chamber
- House
- First action
- 2026-06-01
- Latest action
- 2026-04-02
- Last action desc.
- Introduced In House - Assigned to Appropriations
- OpenStates
- View source ↗
Related Legislation
This bill affects (61)
relatesHB 22-1146(2022A)· signedInvestment of Public School Fund Study And Report
relatesSB 23-303(2023A)· signedReduce Property Taxes And Voter-approved Revenue Change
relatesHB 24-1207(2024A)· signedAdjustments to School Funding Budget Year 2023-24
relatesHB 26-1350(2026A)· signedAppropriations to Legacy School Food Programs
relatesSB 17-169(2017A)· signedSupplemental Appropriations Department of Revenue
relatesSB 23-285(2023A)· signedEnergy And Carbon Management Regulation In Colorado
relatesHB 26-1153(2026A)· signedDepartment of Education Supplemental
relatesSB 23-131(2023A)· signedDepartment of Revenue Supplemental
relatesHB 25-1332(2025A)· signedState Trust Lands Conservation & Recreation Work Group
relatesHB 26-1163(2026A)· signedDepartment of Natural Resources Supplemental
relatesHB 24-1194(2024A)· signedDepartment of Natural Resources Supplemental
relatesHB 22-1002(2022A)· signedFifth Year High School Concurrent Enrollment
relatesHB 18-1167(2018A)· signedSupplemental Appropriation - Dept Of Revenue
relatesHB 22-1177(2022A)· signedDepartment of Natural Resources Supplemental
relatesHB 22-1181(2022A)· signedDepartment of Revenue Supplemental
relatesHB 22-1133(2022A)· signedFamily And Medical Leave Insurance Fund
relatesSB 23-126(2023A)· signedDepartment of Natural Resources Supplemental
relatesHB 24-1199(2024A)· signedDepartment of Revenue Supplemental
relatesSB 25-107(2025A)· signedDepartment of Revenue Supplemental
relatesSB 25-102(2025A)· signedDepartment of Natural Resources Supplemental
relatesHB 26-1168(2026A)· signedDepartment of Revenue Supplemental
relatesHB 22-1186(2022A)· signedAdjustments To School Funding Fiscal Year 2021-22
relatesHB 24-1448(2024A)· signedNew Public School Finance Formula
relatesHB 26-1151(2026A)· signedDepartment of Corrections Supplemental
relatesHB 17-1287(2017A)· failedAchieving A Vision For Education In Colorado
relatesHB 18-1159(2018A)· signedSupplemental Appropriation - Dept Of Education
relatesHB 22-1171(2022A)· signedDepartment of Education Supplemental
relatesHB 26-1174(2026A)· signedSchool Finance Mid-Year Adjustments
relatesHB 26-1409(2026A)· signedMarijuana Tax Cash Fund Distributions
relatesHB 26-1357(2026A)· signedPhase-Out of Teacher Recruitment Education and Preparation Program
relatesSB 26-139(2026A)· failedLocal Education Provider Workforce Housing
relatesSB 17-159(2017A)· signedSupplemental Appropriations Department of Corrections
relatesHB 18-1158(2018A)· signedSupplemental Appropriation - Dept Of Corrections
relatesHB 22-1170(2022A)· signedDepartment of Corrections Supplemental
relatesSB 23-113(2023A)· signedDepartment of Corrections Supplemental
relatesHB 24-1181(2024A)· signedDepartment of Corrections Supplemental
relatesSB 25-089(2025A)· signedDepartment of Corrections Supplemental
relatesHB 17-1340(2017A)· signedLegislative Interim Committee On School Finance
relatesSB 25-113(2025A)· signedMid-Year Adjustments to School Funding
relatesHB 18-1293(2018A)· signedFiscal Year 18-19 Legislative Appropriation Bill
relatesSB 23-136(2023A)· signedAdjustments To School Funding Fiscal Year 2022-23
relatesSB 25-091(2025A)· signedDept of Education Supplemental
relatesSB 25-216(2025A)· signedEliminate Reprinting of Education Laws
relatesSB 17-160(2017A)· signedSupplemental Appropriations Department of Education
relatesSB 17-173(2017A)· signedSchool Finance Mid-year Adjustments
relatesSB 17-267(2017A)· signedSustainability Of Rural Colorado
relatesHB 18-1101(2018A)· signedRetail Marijuana Sales Tax Appropriations For Schools
relatesHB 18-1171(2018A)· signedSchool Finance Mid-year Adjustment To Funding
relatesSB 18-158(2018A)· signedSchool Access To Interoperable Communication Technology
relatesSB 22-238(2022A)· signed2023 And 2024 Property Tax
relatesHB 24-1183(2024A)· signedDepartment of Education Supplemental
relatesSB 25-268(2025A)· signedChanges to Money in the Marijuana Tax Cash Fund
relatesSB 23-115(2023A)· signedDepartment of Education Supplemental
relatesSB 23-241(2023A)· signedCreation Of Office Of School Safety
relatesHB 26-1148(2026A)· failedProtections for Youth on Social Media
relatesHB 26-1364(2026A)· signed2025 Consumer Price Index Calculation
Affected by (5)
relatesSB 26-139(2026A)· failedLocal Education Provider Workforce Housing
relatesHB 26-1350(2026A)· signedAppropriations to Legacy School Food Programs
relatesHB 26-1409(2026A)· signedMarijuana Tax Cash Fund Distributions
relatesHB 26-1357(2026A)· signedPhase-Out of Teacher Recruitment Education and Preparation Program
relatesHB 26-1364(2026A)· signed2025 Consumer Price Index Calculation
Votes
BILL
2026-04-16 · House · pass — Yes: — · No: — · Other: —
Refer House Bill 26-1359 to the Committee of the Whole.
2026-04-14 · Senate · pass — Yes: — · No: — · Other: —
Refer House Bill 26-1359 to the Committee of the Whole.
2026-04-07 · House · pass — Yes: — · No: — · Other: —