This amendment removes the requirement for the state to transfer money from the general fund to a transportation fund in years after July 2027.
Colorado2026Enacted
HB26-1399
Eliminate General Fund Transfer to Multimodal Transportation Fund for Three Years
Last scannedAug 24, 2026, 8:22 AM
In one sentence
This law stops a yearly $10.5 million payment from the state's general fund into a transportation project fund only during the years 2026, 2027, and 2028.
What it does
- Stops the required transfer of $10.5 million from the General Fund to the Multimodal Transportation and Mitigation Options Fund on July 1 in 2026, 2027, and 2028.
- Keeps the yearly transfers active before 2026 and after 2028 as originally planned by law.
- Reduces the amount of money given to the Department of Transportation for multimodal projects in the 2026-27 budget by $10.5 million, unless specific conditions apply.
Who it affects
- The State Treasurer, who handles money transfers between state funds.
- The Department of Transportation, which may receive less cash for specific projects in the 2026-27 budget year.
- State agencies managing the Multimodal Transportation and Mitigation Options Fund.
Limits and unknowns
- The reduction in funding only happens if the annual budget law for 2026-27 is passed and includes money for these specific projects.
- If the original amount given to the Department of Transportation from this fund is less than $10.5 million, no reduction occurs.
Plain language
Terms to know
- General Fund
- The main account where Colorado keeps most of its tax money for state operations.
- Multimodal Transportation and Mitigation Options Fund
- A specific fund used to pay for transportation projects that use different types of travel methods, like buses or trains.
Official record
Sources
Official summary
Under current law, the state treasurer is required to transfer $10.5 million from the general fund to the multimodal transportation and mitigation options fund every July 1 beginning on July 1, 2024, and ending on July 1, 2031. The act eliminates this annual transfer only for 2026, 2027, and 2028. The act decreases the cash funds appropriation from the multimodal transportation and mitigation options fund created in the annual general appropriation act for the 2026-27 state fiscal year made to the department of transportation for multimodal transportation projects by $10.5 million. (Note: This summary applies to this bill as enacted.)
Official activity
Bill history
- Governor SignedGovernor
- Sent to the GovernorGovernor
- Signed by the President of the SenateSenate
- Signed by the Speaker of the HouseHouse
- House Consideration of First Conference Committee Report result was to Adopt Committee Report - RepassHouse
- Senate Consideration of First Conference Committee Report result was to Adopt Committee Report - RepassSenate
- House Considered Senate Amendments - Result was to Not Concur - Request Conference CommitteeHouse
- Senate Third Reading Reconsidered - No AmendmentsSenate
- Senate Third Reading Passed - No AmendmentsSenate
- Senate Second Reading Special Order - Passed with Amendments - Committee, FloorSenate
- Senate Committee on Appropriations Refer Amended to Senate Committee of the WholeSenate
- Introduced In Senate - Assigned to AppropriationsSenate
- House Third Reading Passed - No AmendmentsHouse
- House Third Reading Laid Over Daily - No AmendmentsHouse
- House Second Reading Special Order - Passed with Amendments - FloorHouse
- House Second Reading Special Order - Laid Over Daily - No AmendmentsHouse
- House Committee on Appropriations Refer Unamended to House Committee of the WholeHouse
- Introduced In House - Assigned to AppropriationsHouse
Changes
Amendments
4 stored
This amendment extends the requirement for the state to transfer $10.5 million from the general fund to a transportation fund every July 1 through the year 2031.
This amendment removes a specific report from the bill that discusses moving money to a transportation fund.
This amendment changes the wording of a bill about moving money to a transportation fund by replacing one word with another.