ColoradoLaw directs school land resource payments to state fund
For two fiscal years, certain payments from natural resources taken from public school lands go to the state school fund, after required deposits to other specified funds.
What it does
The law directs the first $25 million in qualifying payments in 2025–26 and the first $45 million in 2026–27 to the state school fund. Any excess goes to the permanent public school fund.
Argument forThe transfers could give the state school fund more money during two years when public school land revenue is projected to be high.
Argument againstSending some payments to the state fund could leave less money in the permanent fund to support public schools over time.
More detail
The law directs some natural resource payments from public school lands to the state public school fund. The rule covers royalties and other payments for natural resource depletion or extraction on public school lands. Only payments remaining after required deposits to other specified funds count toward the transfer amounts. Payments above those amounts go to the permanent public school fund and become part of its principal. The transfer amounts apply in state fiscal years 2025–26 and 2026–27, respectively.
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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 1Governor Jared Polis SignedBecame Law
- May 26Signed by the Speaker of the HouseMajor
- May 26Signed by the President of the SenateMajor
- May 26Sent to the GovernorTo Governor
- Apr 16Senate Third Reading Passed - No AmendmentsPassed Senate
- Vote recorded BILL. Result: pass.Lower
- Vote recorded BILL. Result: pass.Upper
- Apr 15Senate Second Reading Special Order - Passed - No Amendments
- Apr 14Senate Committee on Appropriations Refer Unamended to Senate Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1359 to the Committee of the Whole. 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 - No Amendments
- Apr 8House Second Reading Special Order - Laid Over Daily - No Amendments
- Apr 7House Committee on Appropriations Refer Unamended to House Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1359 to the Committee of the Whole. Result: pass.Lower
- Apr 2Introduced In House - Assigned to AppropriationsIntroduced
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