ColoradoLaw directs $3.5 million from scholarship fund to state funds
On June 30, 2026, the state treasurer is directed to send $900,000 to Colorado’s economic development fund and $2.6 million to the General Fund.
What it does
The law directs the state treasurer to move $900,000 from the universal high school scholarship fund to Colorado’s economic development fund.
The law directs the state treasurer to move $2.6 million from the universal high school scholarship fund to the General Fund.
Argument forThe $900,000 transfer could give Colorado’s economic development fund more resources to support small businesses facing hardship.
Argument againstMoving $3.5 million out of the scholarship fund could leave less money available for the program’s future needs.
More detail
The state treasurer must transfer $900,000 from the scholarship cash fund to the Colorado Economic Development Fund. The money comes from the Universal High School Scholarship Cash Fund and goes to the Colorado Economic Development Fund. The transfer is due June 30, 2026.
The state treasurer must transfer $2.6 million from the scholarship cash fund to the General Fund. The money comes from the Universal High School Scholarship Cash Fund and goes to the General Fund. The transfer is due June 30, 2026.
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jun 3Governor Jared Polis SignedBecame Law
- Jun 2Signed by the Speaker of the HouseMajor
- Jun 2Signed by the President of the SenateMajor
- Jun 2Sent to the GovernorTo Governor
- May 13Senate Third Reading Passed - No AmendmentsPassed Senate
- Vote recorded BILL. Result: pass.Lower
- Vote recorded BILL. Result: pass.Upper
- May 12Senate Second Reading Special Order - Passed - No Amendments
- May 11Introduced In Senate - Assigned to AppropriationsMinor
- Vote recorded Refer House Bill 26-1416 to the Committee of the Whole. Result: pass.Upper
- May 11Senate Committee on Appropriations Refer Unamended to Senate Committee of the WholeMinor
- May 9House Third Reading Passed - No AmendmentsPassed House
- Vote recorded BILL. Result: pass.Lower
- May 8House Third Reading Laid Over Daily - No Amendments
- May 7House Second Reading Special Order - Passed with Amendments - Floor
- Apr 28House Second Reading Laid Over Daily - No Amendments
- Apr 24House Committee on Appropriations Refer Unamended to House Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1416 to the Committee of the Whole. Result: pass.Lower
- Apr 13Introduced In House - Assigned to AppropriationsIntroduced
Economy & JobsTaxes & Budget