HB 26-1407

HB 26-1407 is a Colorado state bill that moves money from various funds into the general fund by June 30, 2026. This includes transferring over $35 million from different accounts like the ARPA (American Rescue Plan Act) refinance account and other recovery funds. The bill also extends until June 30, 2027, a deadline for spending money on building a youth mental health facility. Additionally, it reduces funding for healthcare and early childhood programs. Since the bill has been signed into law, these financial changes will take effect as planned.

Official Summary

The act requires the state treasurer to make the following transfers to the general fund on June 30, 2026:$27,905,384 from the refinance discretionary account in the ARPA refinance state money cash fund;$4,085,246.49 from the revenue loss restoration cash fund;$1,974,702.20 from the economic recovery and relief cash fund;$1,005,850.24 from the behavioral and mental health cash fund; and$750,190.06 from the state highway fund.     The act extends the deadline from December 31, 2026, to June 30, 2027, for the department of human services to spend money appropriated in 2022 from the behavioral and mental health cash fund for capital construction related to a youth neuro-psych facility at the Colorado mental health institute at Fort Logan. The act delays a corresponding transfer of money from the behavioral and mental health cash fund.     The act reduces appropriations made in 2022 to the department of health care policy and financing by $800,000 and to the department of early childhood by $1,616,989.(Note: This summary applies to this bill as enacted.)

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