ColoradoState treasurer transfers renovation fund money to general fund
The law directs transfers from the capitol renovation fund and reduces several agencies’ 2026–27 building payment budgets if the annual budget act becomes law.
What it does
The state treasurer transfers $15.263 million from the capitol complex renovation fund to the general fund on June 30, 2026, then sends the fund’s remaining unspent, uncommitted balance to the general fund.
For 2026–27, the law reduces specified state agency budgets for annual building payment costs, if the annual budget act becomes law. The reductions vary by department and fund.
Argument forThe transfers could give the state more money in its general fund to use for statewide needs.
Argument againstReducing agency budgets for building payments could leave less money for those departments to use during the 2026–27 fiscal year.
More detail
The state treasurer transfers money from the capitol complex renovation fund to the general fund. The money comes from the capitol complex renovation fund. The $15.263 million transfer is due June 30, 2026. The remaining balance is due June 30, 2027.
The law reduces listed state agency budgets for annual building payment costs. The adjustments cover annual depreciation-lease equivalent payments for the departments of agriculture, corrections, higher education, human services, military and veterans affairs, natural resources, personnel, public health and environment, and public safety. The reductions apply only if the 2026–27 annual budget act becomes law. A reduction cannot exceed the appropriation available for that payment, and no reduction is required if the budget act makes no such appropriation. The reductions apply to the 2026–27 state fiscal year and take effect when this law or the 2026–27 budget act takes effect, whichever is later.
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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 29Signed by the Speaker of the HouseMajor
- May 29Signed by the President of the SenateMajor
- May 29Sent to the GovernorTo Governor
- Apr 17House Considered Senate Amendments - Result was to Concur - Repass
- Vote recorded REPASS. Result: pass.Upper
- Vote recorded CONCUR. Result: pass.Upper
- Vote recorded CONCUR. Result: pass.Lower
- Vote recorded REPASS. Result: pass.Lower
- Apr 16Senate Third Reading Passed - No AmendmentsPassed Senate
- Vote recorded BILL. Result: pass.Upper
- Apr 15Senate Second Reading Special Order - Passed with Amendments - Committee
- Apr 15Senate Second Reading Special Order - Passed - No Amendments
- Apr 14Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1406, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. Result: pass.Upper
- Vote recorded Adopt amendment L.003. Result: pass.Upper
- Apr 13Introduced In Senate - Assigned to AppropriationsMinor
- Apr 11House Third Reading Passed with Amendments - FloorPassed House
- Vote recorded PERM. Result: pass.Lower
- Vote recorded AMD (L.001). Result: pass.Lower
- 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 6House Committee on Appropriations Refer Unamended to House Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1406 to the Committee of the Whole. Result: pass.Lower
- Apr 2Introduced In House - Assigned to AppropriationsIntroduced
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