ColoradoState reserve rules set 13 percent for 2026-27 and 15 percent after
The signed act sets aside 13 percent of general fund appropriations for 2026-27 and 15 percent afterward, with specified deductions from those amounts.
What it does
For fiscal year 2026-27, the state would retain 13 percent of general fund appropriations as a reserve, after a specified deduction.
Beginning in fiscal year 2027-28, the state would retain 15 percent, with deductions for a state treasurer calculation and $41.25 million while specified escrow money remains unreleased.
Argument forThe specified deductions could leave more money available for state programs while the escrow money remains unreleased.
Argument againstA lower reserve percentage in fiscal year 2026-27 could leave the state with less money set aside for unexpected budget needs.
More detail
The state would retain 13 percent of that year's general fund appropriations as a reserve, less the amount calculated by the state treasurer under the cited statute. This applies to fiscal year 2026-27 and covers unrestricted general fund year-end balances. The reserve is calculated from the amount appropriated for expenditure from the general fund. The deduction uses the amount calculated under section 10-16-1206 (1.5)(a)(II)(B). This rule applies for fiscal year 2026-27.
The state would retain 15 percent of general fund appropriations as a reserve, less the state treasurer's calculation and, while escrow money remains unreleased, $41.25 million. This applies to fiscal year 2027-28 and every later fiscal year, covering unrestricted general fund year-end balances. The reserve is calculated from the amount appropriated for expenditure from the general fund. The first deduction uses the amount calculated under section 10-16-1206 (1.5)(a)(II)(B). The $41.25 million deduction applies only while the escrow money described in section 23-40-107 has not been released. This rule begins with fiscal year 2027-28 and continues in each later fiscal year.
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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
- May 13House Considered Senate Amendments - Result was to Concur - Repass
- Vote recorded CONCUR. Result: pass.Upper
- Vote recorded REPASS. Result: pass.Upper
- Vote recorded CONCUR. Result: pass.Lower
- Vote recorded REPASS. Result: pass.Lower
- May 12House Consideration of First Conference Committee Report result was to Recede - CCR not produced
- Vote recorded DISSOLVE CONF COM. 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 15Senate Second Reading Special Order - Passed with Amendments - Floor
- Apr 14Senate Committee on Appropriations Refer Unamended to Senate Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1363 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 26-1363 to the Committee of the Whole. Result: pass.Lower
- Apr 2Introduced In House - Assigned to AppropriationsIntroduced
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