Plain English Breakdown
Checked against official source text during the last sync.
HB26-1368: Stop Moving Money from Gaming Funds
This law stops the yearly move of $2.1 million from a gaming fund to a research fund for colleges.
What This Bill Does
- Eliminates an annual transfer of money between two state funds.
- Stops sending $2.1 million each year from the limited gaming fund.
- Prevents that same amount from going into the innovative higher education research fund.
Who It Names or Affects
- The Limited Gaming Fund
- The Innovative Higher Education Research Fund
Limits and Unknowns
- The source text does not state when this change takes effect.
- The source text does not explain why the transfer is being stopped.