HB26-1399 • 2026

Eliminate General Fund Transfer to Multimodal Transportation Fund

Joint Budget Committee. 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 beg

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. R. Taggart, Sen. J. Amabile, Sen. B. Kirkmeyer, Rep. E. Sirota, Sen. J. Bridges
Last action: 2026-04-14
Official status: Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole
Effective date: Not listed

Plain English Breakdown

The official summary does not provide details about reductions in appropriations beyond eliminating future transfers after July 1, 2025.

Eliminate Annual Transfer from General Fund to Transportation Fund

This bill stops the yearly transfer of $10.5 million from the general fund to a transportation fund after July 2025.

What This Bill Does

Removes the requirement for the state treasurer to transfer $10.5 million from the general fund to the multimodal transportation and mitigation options fund on July 1, 2026.

Who It Names or Affects

The state treasurer who manages fund transfers.
Departments of transportation that receive funds from the multimodal transportation and mitigation options fund.

Terms To Know

General Fund: A main account where a government collects most of its money to pay for various expenses.
Multimodal Transportation and Mitigation Options Fund: A fund used specifically for transportation projects that can include different types of travel like roads, buses, trains, etc., as well as measures to reduce negative impacts on the environment or communities.

Limits and Unknowns

The bill's effectiveness depends on whether it is signed into law and if the annual budget includes specific appropriations.
It only affects transfers starting from July 1, 2026, onwards.

Amendments

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

L.003

SEN Appropriations

Passed [*]

Plain English: The amendment removes the requirement for the state treasurer to transfer $10.5 million from the general fund to the multimodal transportation and mitigation options fund each July 1 starting in 2027.

Eliminates the annual transfer of $10.5 million from the general fund to the multimodal transportation and mitigation options fund on July 1, beginning in 2027.

The amendment does not specify what happens to the funds that would have been transferred or if there are any alternative funding sources for the multimodal transportation and mitigation options fund.

L.002

Second Reading

Passed [**]

Plain English: The amendment changes the date when a $10.5 million transfer from the general fund to the multimodal transportation and mitigation options fund will stop, extending it until July 1, 2031.

Extends the period during which $10.5 million is transferred annually from the general fund to the multimodal transportation and mitigation options fund through July 1, 2031.

The amendment text does not specify what happens after July 1, 2031.
It's unclear if there are any other provisions or impacts beyond the extension of the transfer period.

Bill History

2026-04-14 Senate
Senate Committee on Appropriations Refer Amended 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 with Amendments - Floor
2026-04-08 House
House Second Reading Special Order - Laid Over Daily - No Amendments
2026-04-06 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 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 bill eliminates
future transfers after the July 1, 2025, transfer.

this annual transfer for July 1, 2026, only.
(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)
(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
REENGROSSED
This Version Includes All Amendments
Adopted in the House of Introduction
LLS NO. 26-0850.01 Stephanie Schrab x4330 HOUSE BILL 26-1399
House Committees Senate Committees
Appropriations
A BILL FOR AN ACT
CONCERNING THE ELIMINATION OF THE ANNUAL TRANSFER FROM THE101
GENERAL FUND TO THE MULTIMODAL TRANSPORTATION AND102
MITIGATION OPTIONS FUND, AND, IN CONNECTION THEREWITH,103
REDUCING AN APPROPRIATION.104
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 w ill be av ailable at
http://leg.colorado.gov/.)
Joint Budget Committee. 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
HOUSE
3rd Reading Unamended
April 11, 2026
HOUSE
Amended 2nd Reading
April 9, 2026
HOUSE SPONSORSHIP
Brown and Taggart, Sirota,
SENATE SPONSORSHIP
Amabile and Kirkmeyer, Bridges
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.
beginning on July 1, 2024, and ending on July 1, 2031. The bill eliminates
future transfers after the July 1, 2025, transfer.
Be it enacted by the General Assembly of the State of Colorado:1
SECTION 1. In Colorado Revised Statutes, 24-75-219, amend2
(7)(c) introductory portion and (7)(c)(I) as follows:3
24-75-219. Transfers - transportation - capital construction -4
definitions.5
(7) In addition to any other transfers required by this section:6
(c) On each July 1 from July 1, 2024, through July 1, 2031 JULY7
1, 2025, AND ON EACH JULY 1 FROM JULY 1, 2027, THROUGH JULY 1, 2031,8
the state treasurer shall transfer:9
(I) Ten million five hundred thousand dollars from the general10
fund to the multimodal transportation and mitigation options fund. and11
SECTION 2. Appropriation - adjustments to 2026 long bill.12
(1) Except as provided in subsection (2) of this section, to implement this13
act, the cash funds appropriation from the multimodal transportation and14
mitigation options fund created in 43-4-1103 (1)(a), C.R.S., made in the15
annual general appropriation act for the 2026-27 state fiscal year to the16
department of transportation for multimodal transportation projects is17
decreased by $10,500,000.18
(2) Subsection (1) of this section does not require a reduction of19
an appropriation in the annual general appropriation act for the 2026-2720
state fiscal year if:21
(a) The amount of the cash funds appropriation from the22
multimodal transportati on and m itigation options fund created in23
43-4-1103 (1)(a), C.R.S. made in the annual general appropriation act for24
the 2026-27 state fiscal year to the department of transportation for25
1399-2-
multimodal transportation projects is less than the amount of the1
adjustment required in subsection (1) of this section; or2
(b) The annual general appropriation act for the 2026-27 state3
fiscal year does not include an appropriation to the department of4
transportation for multimodal transportation projects.5
SECTION 3. Effective date. This act takes effect upon passage;6
except that section 2 of this act takes effect only if the annual general7
appropriation act for the 2026-27 state fiscal year becomes law, in which8
case section 2 takes effect upon the effective date of this act or of the9
annual general appropriation act for state fiscal year 2026-27, whichever10
is later.11
SECTION 4. Safety clause. The general assembly finds,12
determines, and declares that this act is necessary for the immediate13
preservation of the public peace, health, or safety or for appropriations for14
the support and maintenance of the departments of the state and state15
institutions.16
1399-3-