HB 26-1401

HB 26-1401 is a Colorado state bill that requires $75 million to be transferred from an unclaimed property trust fund to the general fund and housing development grants by June 30, 2026. This transfer will also end future transfers to the adult dental fund starting July 1, 2026. Additionally, it allocates a specific amount of money for health care policy and financing from the general fund instead of the adult dental fund for the fiscal year 2026-2027. The bill has been signed into law, meaning these financial transfers will take place as scheduled.

Official Summary

On June 30, 2026, the state treasurer is required to transfer the following amounts from the unclaimed property trust fund (UPTF):$72.8 million to the general fund; and$2.2 million to the division of housing to be deposited into the housing development grant fund (grant fund).     On July 1, 2026, the act repeals the statutory provisions that authorize future transfers from the UPTF to the grant fund and to the adult dental fund.     For the 2026-27 state fiscal year, $63,491,322 is appropriated from the general fund to the department of health care policy and financing (HCPF), and an appropriation to HCPF from the adult dental fund is decreased by a corresponding amount. The appropriation takes effect only if the annual general appropriation act for the 2026-27 state fiscal year becomes law.(Note: This summary applies to this bill as enacted.)

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