ColoradoColorado keeps annual technology payments out of the general fund
Starting with state fiscal years on or after July 1, 2026, the treasurer must keep annual technology payments out of the general fund and use them as a separate law requires.
What it does
The state treasurer must keep annual technology depreciation-lease equivalent payments out of the general fund. The money must be used as a separate law requires.
Argument forKeeping these payments in the technology account could help preserve money for technology uses allowed by law.
Argument againstKeeping annual technology payments out of the general fund could leave less money for other state needs.
More detail
The state treasurer must not transfer annual technology depreciation-lease equivalent payments to the general fund. This applies to money transferred, credited, or paid into the information technology capital account as an annual depreciation-lease equivalent payment under section 24-37.5-127(2). The annual payments, and any other amounts paid into the account under section 24-37.5-127(2), must be used as that section requires. This applies to state fiscal years starting on or after July 1, 2026.
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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
- May 29Governor Jared Polis SignedBecame Law
- May 28Signed by the Speaker of the HouseMajor
- May 28Signed by the President of the SenateMajor
- May 28Sent 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 - Consent Calendar to Senate Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1403 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. 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 6House Committee on Appropriations Refer Unamended to House Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1403 to the Committee of the Whole. Result: pass.Lower
- Apr 2Introduced In House - Assigned to AppropriationsIntroduced
TechnologyTaxes & Budget