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Second Regular Session
Seventy-fifth General Assembly
STATE OF COLORADO
REENGROSSED
This Version Includes All Amendments
Adopted in the House of Introduction
LLS NO. 26-0745.01 Caroline Martin x5902 HOUSE BILL 26-1403
House Committees Senate Committees
Appropriations
A BILL FOR AN ACT
CONCERNING THE PREVENTION OF THE TRANSFER OF UNEXPENDED101
INFORMATION TECHNOLOGY ANNUAL DEPRECIATION -LEASE102
EQUIVALENT PAYMENTS TO THE GENERAL FUND.103
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. Current law requires an amount
equivalent to the recorded depreciation or amortization of an information
technology asset acquired, repaired, improved, replaced, renovated, or
constructed with an appropriation from the information technology capital
account in the capital construction fund based on the depreciation period
HOUSE
3rd Reading Unamended
April 11, 2026
HOUSE
2nd Reading Unamended
April 9, 2026
HOUSE SPONSORSHIP
Brown and Sirota, Taggart, Weinberg
SENATE SPONSORSHIP
Bridges and Kirkmeyer, Amabile
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.
(information technology annual depreciation-lease equivalent payment)
to be credited and transferred to the information technology capital
account within the capital construction fund. Current law also requires the
state treasurer to transfer any unappropriated balances in the information
technology capital account or any otherwise unexpended and
unencumbered money remaining in the information technology capital
account at the end of a fiscal year to the general fund.
The bill prohibits the state treasurer from transferring any money
that was transferred, credited, or paid into the information technology
capital account as an information technology annual depreciation-lease
equivalent payment to the general fund.
Be it enacted by the General Assembly of the State of Colorado:1
SECTION 1. In Colorado Revised Statutes, 24-75-302, amend2
(3.7)(a); and add (3.7)(c) as follows:3
24-75-302. Capital construction fund - capital assessment fees4
- calculation - information technology capital account - repeal.5
(3.7) (a) There is created a special account within the capital6
construction fund established pursuant to subsection (1) of this section to7
be known as the information technology capital account. The account8
consists of any money appropriated or transferred to the account by the9
general assembly. The general assembly may appropriate money in the10
account for information technology projects. The appropriation for11
information technology projects must be set forth in a single line item as12
a total sum. For state fiscal years commencing on or before July 1, 2024,13
all unappropriated balances in the account at the close of any fiscal year14
remain in the account and do not revert to the general fund. E XCEPT AS15
OTHERWISE PROVIDED IN SUBSECTION (3.7)(c) OF THIS SECTION, for state16
fiscal years commencing on or after July 1, 2025, the state treasurer shall17
transfer any unappropriated balances in the account or any otherwise18
unexpended and unencumbered money remaining in the account at the19
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end of a fiscal year to the general fund. All unexpended or unencumbered1
money from an information technology capital account appropriation to2
a state agency or state institution of higher education reverts, for state3
fiscal years commencing on or before July 1, 2024, to the account, and,4
EXCEPT AS OTHERWISE PROVIDED IN SUBSECTION (3.7)(c) OF THIS SECTION,5
for state fiscal years commencing on or after July 1, 2025, to the general6
fund at the end of the period for which the money is appropriated. No7
portion of the unexpended balance of a state agency's or state institution8
of higher education's information technology capital account9
appropriation may be used by the state agency or the state institution of10
higher education for any additional projects that are beyond the scope or11
design of the original project without further approval by the joint12
technology committee of the additional project. Anticipation warrants or13
checks may be issued against the revenues of the account as provided by14
law.15
(c) FOR STATE FISCAL YEARS COMMENCING ON OR AFTER JULY 1,16
2026, THE STATE TREASURER SHALL NOT TRANSFER ANY MONEY THAT17
WAS TRANSFERRED , CREDITED , OR PAID INTO THE INFORMATION18
TECHNOLOGY CAPITAL ACCOUNT AS AN INFORMATION TECHNOLOGY19
ANNUAL DEPRECIATION-LEASE EQUIVALENT PAYMENT IN ACCORDANCE20
WITH SECTION 24-37.5-127 (2) TO THE GENERAL FUND . MONEY21
TRANSFERRED, CREDITED, OR PAID INTO THE INFORMATION TECHNOLOGY22
CAPITAL ACCOUNT AS AN INFORMATION TECHNOLOGY ANNUAL23
DEPRECIATION-LEASE EQUIVALENT PAYMENT IN ACCORDANCE WITH24
SECTION 24-37.5-127 (2), OR ANY OTHER AMOUNT TRANSFERRED ,25
CREDITED, OR PAID INTO THE INFORMATION TECHNOLOGY CAPITAL26
ACCOUNT PURSUANT TO SECTION 24-37.5-127 (2), M U S T B E U S E D I N27
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ACCORDANCE WITH SECTION 24-37.5-127.1
SECTION 2. Safety clause. The general assembly finds,2
determines, and declares that this act is necessary for the immediate3
preservation of the public peace, health, or safety or for appropriations for4
the support and maintenance of the departments of the state and state5
institutions.6
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