ColoradoState treasurer changes annual transportation fund transfers
The signed act changes when Colorado sends general-fund money to its multimodal transportation fund and may reduce related 2026-27 project funding.
What it does
The state treasurer must transfer $10.5 million to the multimodal transportation fund on July 1, 2025, and each July 1 from 2029 through 2031.
If the 2026-27 state budget becomes law, the transportation department’s project funding would be reduced by $10.5 million, unless the budget provides less or no such funding.
Argument forKeeping $10.5 million in the general fund could give the state more flexibility for other public needs instead of transportation projects.
Argument againstReducing transportation project funding could leave less money for multimodal projects during the 2026-27 budget year.
More detail
The state treasurer must transfer $10.5 million to the multimodal transportation and mitigation options fund on the dates listed in the act. The transfers come from Colorado’s general fund and go to the multimodal transportation and mitigation options fund. The listed dates are July 1, 2025, and each July 1 from 2029 through 2031.
The state must reduce the transportation department’s 2026-27 funding for multimodal transportation projects by $10.5 million. This applies to the cash-fund appropriation from the multimodal transportation and mitigation options fund in the 2026-27 state budget. The reduction is not required if that appropriation is less than $10.5 million. The reduction is not required if the 2026-27 budget has no appropriation for these projects. This provision takes effect only if the 2026-27 annual budget becomes law. Section 2 takes effect on the later of this act’s effective date or the effective date of the 2026-27 annual budget.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jun 4Governor Jared Polis SignedBecame Law
- Jun 3Signed by the Speaker of the HouseMajor
- Jun 3Signed by the President of the SenateMajor
- Jun 3Sent to the GovernorTo Governor
- Apr 28House Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass
- Vote recorded REPASS. Result: pass.Lower
- Vote recorded ADOPT. Result: pass.Lower
- Apr 24Senate Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass
- Vote recorded REPASS. Result: pass.Upper
- Vote recorded ADOPT CCR. Result: pass.Upper
- Apr 23
- Vote recorded Adopt the first report of the first conference committee on H.B. 26-1399. Result: pass.Lower
- Apr 17House Considered Senate Amendments - Result was to Not Concur - Request Conference Committee
- Vote recorded NOT CNCR. Result: pass.Upper
- Vote recorded NOT CNCR. Result: pass.Lower
- Apr 16Senate Third Reading Passed - No AmendmentsPassed Senate
- Vote recorded BILL. Result: pass.Upper
- Apr 16Senate Third Reading Reconsidered - No Amendments
- Apr 15Senate Second Reading Special Order - Passed with Amendments - Committee, Floor
- Apr 14Senate Committee on Appropriations Refer Amended to Senate Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1399, as amended, to the Committee of the Whole. Result: pass.Upper
- Vote recorded Adopt amendment L.003. Result: pass.Upper
- Apr 13Introduced In Senate - Assigned to AppropriationsMinor
- Apr 11House Third Reading Passed - No AmendmentsPassed House
- Vote recorded BILL. Result: pass.Lower
- Apr 10House Third Reading Laid Over Daily - No Amendments
- Apr 9House Second Reading Special Order - Passed with Amendments - Floor
- Apr 8House Second Reading Special Order - Laid Over Daily - No Amendments
- Apr 6House Committee on Appropriations Refer Unamended to House Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1399 to the Committee of the Whole. Result: pass.Lower
- Apr 2Introduced In House - Assigned to AppropriationsIntroduced
TransportationTaxes & BudgetPublic Safety