Colorado law redirects unclaimed-property money to housing and state funds

The state treasurer transfers $2.2 million from the Unclaimed Property Trust Fund to the Housing Development Grant Fund. The treasurer sends the money to the Division of Housing for deposit in the state housing grant fund. The transfer is due June 30, 2026.

The state treasurer transfers $72.8 million from the Unclaimed Property Trust Fund to the General Fund. The money moves from the Unclaimed Property Trust Fund to the state General Fund. The transfer is due June 30, 2026.

The law ends provisions for future transfers from unclaimed property to the housing grant and adult dental funds; the adult dental fund may still receive money appropriated by the legislature. These provisions concern transfers to the Housing Development Grant Fund and the adult dental fund. The adult dental fund remains subject to annual legislative appropriation for adult dental benefit costs. The repeals and adult dental fund change take effect July 1, 2026.

For fiscal year 2026–27, the law reduces listed health department appropriations from the adult dental fund and provides a $63,491,322 General Fund appropriation. The adjustments apply to the Department of Health Care Policy and Financing’s listed administrative and Medicaid service appropriations. These adjustments take effect only if the annual 2026–27 state budget becomes law. The bill lists exceptions for certain reductions if specified appropriations are absent. The adjustments apply to state fiscal year 2026–27 and take effect when this law or that year’s budget takes effect, whichever is later.