ColoradoColorado transfers pay-for-success program money to its general fund
The law directs Colorado’s treasurer to move remaining program money to the general fund, then repeals the section establishing the program on July 1, 2026.
What it does
On June 30, 2026, the state treasurer must transfer the money left in the account and the money in the fund to the general fund.
The section of state law establishing the pay-for-success contracts program is repealed effective July 1, 2026.
Argument forMoving money left in the fund and account to the general fund could give lawmakers more choice about how to use it.
Argument againstEnding the program could make it harder to fund future contract payments, which currently depend on lawmakers approving money each year.
More detail
The state treasurer must transfer the money left in the account and the money in the fund to the general fund. The transfer covers the account’s remaining balance and the money in the fund; the law gives no amounts. The transfer must take place on June 30, 2026.
The section establishing the state pay-for-success contracts program is repealed. The repeal applies to the section establishing the state program and its fund. The repeal takes effect 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
- 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 - Consent Calendar to Senate Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1361 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 7House Committee on Appropriations Refer Unamended to House Committee of the WholeMinor
- Vote recorded Refer House Bill 26-1361 to the Committee of the Whole. Result: pass.Lower
- Apr 2Introduced In House - Assigned to AppropriationsIntroduced
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