HB26-1363 • 2026

Temporarily Reduce General Fund Reserve

Joint Budget Committee. Under current law, the general fund reserve requirement is equal to 15% of the amount appropriated for expenditure from the general fund for that fiscal year minus: The differe

Budget Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Rep. K. Brown, Rep. E. Sirota, Sen. J. Amabile, Sen. J. Bridges, Rep. R. Taggart, Sen. B. Kirkmeyer, Sen. M. Ball, Sen. C. Kolker
Last action: 2026-04-17
Official status: House Considered Senate Amendments - Result was to Not Concur - Request Conference Committee
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Temporarily Reduce General Fund Reserve

Joint Budget Committee.

What This Bill Does

Joint Budget Committee.
Under current law, the general fund reserve requirement is equal to 15% of the amount appropriated for expenditure from the general fund for that fiscal year minus: The difference between $100,000,000 and the proceeds of the sale of insurance premium and corporate tax credits that are credited to the health insurance affordability cash fund; and Unless money held in an escrow account in connection with the university of northern Colorado's college of osteopathic medicine is released, an additional $41,250,000.
The bill lowers the reserve requirement to 13% for state fiscal years 2025-26 and 2026-27 and then raises it back to 15% for state fiscal years 2027-28 and later.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

L.002

Second Reading

Lost [**]

Plain English: HB1363_L.002 Amendment No.

HB1363_L.002 Amendment No.
___________ HB26-1363 HOUSE FLOOR AMENDMENT Second Reading BY REPRESENTATIVE Marshall 1 Amend printed bill, page 3, after line 5 insert: 2 "SECTION 2.
In Colorado Revised Statutes, 24-75-201.1, amend 3 (1)(d)(XXVII) introductory portion and (1)(d)(XXVII)(A); and add 4 (1)(d)(XXVIII) and (1)(d)(XXIX) as follows: 5 24-75-201.1.
Restriction on state appropriations - legislative 6 declaration - definitions.

L.003

Second Reading

Passed [**]

Plain English: HB1363_L.003 Amendment No.

HB1363_L.003 Amendment No.
___________ HB26-1363 SENATE FLOOR AMENDMENT Second Reading BY SENATOR Amabile 1 Amend reengrossed bill, page 2, line 17, strike "EACH FISCAL YEAR" and 2 substitute "EACH OF THE FISCAL YEARS".
** *** ** *** ** LLS: Pierce Lively x2059

Bill History

2026-04-17 House
House Considered Senate Amendments - Result was to Not Concur - Request Conference Committee
2026-04-16 Senate
Senate Third Reading Passed - No Amendments
2026-04-15 Senate
Senate Second Reading Special Order - Passed with Amendments - Floor
2026-04-14 Senate
Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
2026-04-13 Senate
Introduced In Senate - Assigned to Appropriations
2026-04-11 House
House Third Reading Passed - No Amendments
2026-04-10 House
House Third Reading Laid Over Daily - No Amendments
2026-04-09 House
House Second Reading Special Order - Passed - No Amendments
2026-04-08 House
House Second Reading Special Order - Laid Over Daily - No Amendments
2026-04-07 House
House Committee on Appropriations Refer Unamended to House Committee of the Whole
2026-04-02 House
Introduced In House - Assigned to Appropriations

Official Summary Text

Joint Budget Committee.
Under current law, the general fund reserve requirement is equal to 15% of the amount appropriated for expenditure from the general fund for that fiscal year minus:
The difference between $100,000,000 and the proceeds of the sale of insurance premium and corporate tax credits that are credited to the health insurance affordability cash fund; and
Unless money held in an escrow account in connection with the university of northern Colorado's college of osteopathic medicine is released, an additional $41,250,000.
The bill lowers the reserve requirement to 13% for state fiscal years 2025-26 and 2026-27 and then raises it back to 15% for state fiscal years 2027-28 and later.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Current Bill Text

Read the full stored bill text

Second Regular Session
Seventy-fifth General Assembly
STATE OF COLORADO
REREVISED
This Version Includes All Amendments
Adopted in the Second House
LLS NO. 26-0989.01 Pierce Lively x2059 HOUSE BILL 26-1363
House Committees Senate Committees
Appropriations Appropriations
A BILL FOR AN ACT
CONCERNING A TEMPORARY REDUCTION IN THE GENERAL FUND101
RESERVE. 102
Bill Summary
(Note: This summary applies to this bill as introduced and does
not reflect any amendments that may be subsequently adopted. If this bill
passes third reading in the house of introduction, a bill summary that
applies to the reengrossed version of this bill will be available at
http://leg.colorado.gov.)
Joint Budget Committee. Under current law, the general fund
reserve requirement is equal to 15% of the amount appropriated for
expenditure from the general fund for that fiscal year minus:
! The difference between $100,000,000 and the proceeds of
the sale of insurance premium and corporate tax credits that
are credited to the health insurance affordability cash fund;
SENATE
3rd Reading Unamended
April 16, 2026
SENATE
Amended 2nd Reading
April 15, 2026
HOUSE
3rd Reading Unamended
April 11, 2026
HOUSE
2nd Reading Unamended
April 9, 2026
HOUSE SPONSORSHIP
Brown and Sirota, Taggart,
SENATE SPONSORSHIP
Amabile and Bridges, Kirkmeyer, Ball, Kolker
Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
Capital letters or bold & italic numbers indicate new material to be added to existing law.
Dashes through the words or numbers indicate deletions from existing law.
and
! Unless money held in an es crow account in connection
with the university of northern Colorado's college of
osteopathic medicine is released, an additional
$41,250,000.
The bill lowers the reserve requirement to 13% for state fiscal
years 2025-26 and 2026-27 and then raises it back to 15% for state fiscal
years 2027-28 and later.
Be it enacted by the General Assembly of the State of Colorado:1
SECTION 1. In Colorado Revised Statutes, 24-75-201.1, amend2
(1)(d)(XXVII) introductory portion and (1)(d)(XXVII)(A); and add3
(1)(d)(XXVIII) as follows:4
24-75-201.1. Restriction on state appropriations - legislative5
declaration - definitions.6
(1) (d) For each fiscal year, unrestricted general fund year-end7
balances must be retained as a reserve in the following amounts:8
(XXVII) For the fiscal year 2025-26 and each fiscal year9
thereafter, fifteen THE FISCAL YEAR 2026-27, THIRTEEN percent of the10
amount appropriated for expenditure from the general fund for that fiscal11
year minus:12
(A) The amount calculated by th e state treasurer in accordance13
with section 10-16-1206 (1.5)(a)(II)(B); except that this subsection14
(1)(d)(XXVII)(A) takes effect on January 1, 2026, only if the condition15
specified in section 10-16-1209 (1) occurs; and16
(XXVIII) F OR THE FISCAL YEAR 2027-28, AND EACH OF THE17
FISCAL YEARS THEREAFTER , FIFTEEN PERCENT OF THE AMOUNT18
APPROPRIATED FOR EXPENDITURE FROM THE GENERAL FUND FOR THAT19
FISCAL YEAR MINUS:20
(A) T HE AMOUNT CALCULATED BY THE STATE TREASURER IN21
1363-2-
ACCORDANCE WITH SECTION 10-16-1206 (1.5)(a)(II)(B); AND1
(B) S O LONG AS THE ESCROW MONEY IS NOT RELEASED AS SET2
FORTH IN SECTION 23-40-107, FORTY-ONE MILLION TWO HUNDRED FIFTY3
THOUSAND DOLLARS. AS USED IN THIS SUBSECTION (1)(d)(XXVIII)(B),4
"ESCROW MONEY" HAS THE MEANING SET FORTH IN SECTION 23-40-1075
(2)(c).6
SECTION 2. Safety clause. The general assembly finds,7
determines, and declares that this act is necessary for the immediate8
preservation of the public peace, health, or safety or for appropriations for9
the support and maintenance of the departments of the state and state10
institutions.11
1363-3-