HB 25-1071

House Bill 25-1071, which has been signed into law, changes how money from certain state funds is given out to local governments and tribal communities in Colorado. Starting July 1, 2025, the first half of the money will be split equally among all counties and two recognized tribes, while the second half will be distributed based on population size. This new distribution method applies to funds related to marijuana taxes, public school construction, police training, and affordable housing. The law affects local governments and tribal communities across Colorado by altering how they receive financial support from these specific state funds.

Official Summary

The bill modifies the distribution of money from certain funds so that the money in those funds is distributed to local governments and: The first 50% of the money is distributed equally among the 64 counties and 2 federally recognized tribal governments in the state; and The second 50% of the money is distributed among the 64 counties and 2 federally recognized tribal governments in the state in proportion to the population of those counties and tribal governments. The bill applies this modified distribution beginning on July 1, 2025, to the following funds: The marijuana tax cash fund; The public school capital construction assistance fund; The peace officer training and support fund; and The affordable housing financing fund. (Note: This summary applies to this bill as introduced.)