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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. 26-0889.01 Stephanie Schrab x4330 HOUSE BILL 26-1406
House Committees Senate Committees
Appropriations
A BILL FOR AN ACT
CONCERNING THE REPEAL OF CERT AIN PROVISIONS REGARDING THE101
FUNDING OF CAPITAL CONSTRUCTION , AND , IN CONNECTION102
THEREWITH, REDUCING AN APPROPRIATION.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 most state
agencies and institutions of higher education that receive an appropriation
for capital construction to set aside an amount of money equal to the
recorded depreciation of the capital asset that was acquired, repaired,
improved, replaced, renovated, or constructed with the appropriation
HOUSE
Amended 3rd Reading
April 11, 2026
HOUSE
2nd Reading Unamended
April 9, 2026
HOUSE SPONSORSHIP
Sirota and Taggart, Brown, Story
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.
(annual depreciation-lease equivalent payment) to pay for the long-term
maintenance costs of the capital asset. Currently, the money that state
agencies or institutions of higher education set aside for maintenance
costs is credited to the capitol complex renovation fund. The bill repeals
the annual depreciation-lease equivalent payment requirement.
Currently, the department of personnel uses the money in the
capitol complex renovation fund (fund) for capital construction needs for
existing state-owned buildings in the capitol complex. The bill requires
the state treasurer to transfer $15,263,000 from the fund to the general
fund on June 30, 2026. The bill also requires the state treasurer to transfer
the remaining balance of the fund on June 30, 2027, to the general fund
and then repeals the fund. In addition, the bill repeals a reporting
requirement in connection with the use of the money in the fund.
The bill also repeals the capitol complex master plan
implementation fund, including its ongoing transfers to the fund.
Be it enacted by the General Assembly of the State of Colorado:1
SECTION 1. In Colorado Revised Statutes, repeal 24-30-1310.2
SECTION 2. In Colorado Revised Statutes, 24-30-1313, amend3
(1) and (7); repeal (6); and add (6.8) and (6.9) as follows:4
24-30-1313. Capitol complex renovation fund - created -5
repeal.6
(1) The capitol complex renovation fund, referred to in this7
section as the "fund", is created in the state treasury. The fund consists of8
money credited to the fund pursuant to section 24-30-1310 (2), money9
transferred to the fund pursuant to sections 24-75-307 (2.5) and (4), and10
any other money that the general assembly may appropriate or transfer to11
the fund.12
(6) The state treasurer shall transfer all unexpended and13
unencumbered money in the fund on June 30, 2030, to the capital14
construction fund created in section 24-75-302.15
(6.8) ON JUNE 30, 2026, THE STATE TREASURER SHALL TRANSFER16
FIFTEEN MILLION TWO HUNDRED SIXTY-THREE THOUSAND DOLLARS FROM17
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THE FUND TO THE GENERAL FUND.1
(6.9) THE STATE TREASURER SHALL TRANSFER THE UNEXPENDED2
AND UNENCUMBERED BALANCE OF THE FUND ON JUNE 30, 2027, TO THE3
GENERAL FUND.4
(7) This section is repealed, effective July 1, 2031 JULY 1, 2027.5
SECTION 3. In Colorado Revised Statutes, repeal 24-30-1314.6
7
SECTION 4. In Colorado Revised Statutes, 24-75-302, amend8
(1)(a) as follows:9
24-75-302. Capital construction fund - capital assessment fees10
- calculation - information technology capital account - repeal.11
(1) (a) The capital construction fund is created. The fund consists12
of money transferred to the fund by the general assembly. and money13
credited to the fund pursuant to section 24-30-1310. Money in the capital14
construction fund may be appropriated for capital construction, capital15
renewal, controlled maintenance, or state highway reconstruction, repair,16
and maintenance projects as requested pursuant to section 43-1-113 (2.5);17
except that any money transferred to the capital construction fund for18
state highway reconstruction, repair, and maintenance projects may only19
be appropriated for such projects. The appropriation for projects must be20
set forth in a single line item as a total sum. For state fiscal years21
commencing on or before July 1, 2024, all unappropriated balances in the22
fund at the close of any fiscal year must remain in the fund and may not23
revert to the general fund. For state fiscal years commencing on or after24
July 1, 2025, the state treasurer shall transfer any unappropriated balances25
in the fund or any otherwise unexpended and unencumbered money26
remaining in the fund at the end of a fiscal year to the general fund. All27
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unexpended or unencumbered money from a capital construction fund1
appropriation to a state agency or state institution of higher education2
reverts, for state fiscal years commencing on or before July 1, 2024, to the3
capital construction fund, and, for state fiscal years commencing on or4
after July 1, 2025, to the general fund at the end of the period for which5
the money is appropriated. Except as provided in sections 2-3-13046
(1)(a.5) and 24-30-1303.7 (1), no portion of the unexpended balance of7
a state agency's or state institution of higher education's capital8
construction fund appropriation may be used by the state agency or the9
state institution of higher education for any additional projects that are10
beyond the scope or design of the original project without further11
approval by the capital development committee of such additional project.12
Anticipation warrants or checks may be issued against the revenues of the13
fund as provided by law. Except as provided in subsections (1)(c) and (7)14
of this section, all interest earned from the investment of money in the15
capital construction fund must remain in the fund and become a part16
thereof.17
SECTION 5. In Colorado Revised Statutes, 24-75-302.5, amend18
(2)(a) as follows:19
24-75-302.5. Controlled maintenance - trust fund - legislative20
declaration.21
(2) (a) There is hereby created the controlled maintenance trust22
fund, the principal of which shall consist of any general fund revenues23
appropriated or transferred thereto by law moneys credited thereto24
pursuant to section 24-30-1310, and proceeds of leveraged leasing25
agreements deposited thereto pursuant to section 24-82-1003 (3). For the26
1996-97 fiscal year and fiscal years thereafter, the principal of the trust27
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fund may constitute all or some portion of the state emergency reserve1
established pursuant to section 24-77-104 and may be expended in any2
given fiscal year as provided in said section. The principal of the trust3
fund shall not be expended or appropriated for any purpose other than use4
as part of the state emergency reserve. The state treasurer may in the state5
treasurer's discretion deposit, redeposit, invest, and reinvest moneys6
MONEY accrued or accruing to the controlled maintenance trust fund in7
the types of deposits and investments authorized in sections 24-36-109,8
24-36-112, and 24-36-113.9
SECTION 6. In Colorado Revised Statutes, repeal 24-75-307.10
SECTION 7. Appropriation - adjustments to 2026 long bill.11
(1) Except as provided in subsection (2) of this section, to implement this12
act, appropriations made in the annual general appropriation act for the13
2026-27 state fiscal year to the department of agriculture are adjusted as14
follows:15
(a) The cash funds appropriation from the agricultural16
management fund created in section 35-1-106.9 (1), C.R.S., for annual17
depreciation-lease equivalent payment is decreased by $203,337;18
(b) The cash funds appropriation from the inspection and19
consumer services cash fund created in section 35-1-106.5 (1), C.R.S., for20
annual depreciation-lease equivalent payment is decreased by $10,000;21
and22
(c) The cash funds appropriation from various sources of cash23
funds for annual depreciation-lease equivalent payment is decreased by24
$248,280.25
(2) (a) If the cash funds appropriation from the agricultural26
management fund created in section 35-1-106.9 (1), C.R.S., made in the27
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annual general appropriation act for the 2026-27 state fiscal year to the1
department of agriculture for annual depreciation-lease equivalent2
payment is less than the amount of the adjustment required in subsection3
(1)(a) of this section, the cash funds appropriation from the agricultural4
management fund created in section 35-1-106.9 (1), C.R.S., is decreased5
to $0.6
(b) If the cash funds appropriation from the inspection and7
consumer services cash fund created in section 35-1-106.5 (1), C.R.S.,8
made in the annual general appropriation act for the 2026-27 state fiscal9
year to the department of agri culture for annual de preciation-lease10
equivalent payment is less than the amount of the adjustment required in11
subsection (1)(b) of this section, the cash funds appropriation from the12
inspection and consumer services cash fund created in section 35-1-106.513
(1), C.R.S., is decreased to $0.14
(c) If the cash funds appropriation from various sources of cash15
funds made in the annual general appropriation act for the 2026-27 state16
fiscal year to the department of agriculture for annual depreciation-lease17
equivalent payment is less than the amount of the adjustment required in18
subsection (1)(c) of this section, the cash funds appropriation from19
various sources of cash funds is decreased to $0.20
(d) If the annual general appropriation act for the 2026-27 state21
fiscal year does not include an appropriation to the department of22
agriculture for annual depreciation-lease equivalent payment, then23
subsection (1) of this section does not require a reduction of an24
appropriation in the 2026-27 state fiscal year.25
(3) Except as provided in subsection (4) of this section, to26
implement this act, the general fund appropriation made in the annual27
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general appropriation act for the 2026-27 state fiscal year to the1
department of corrections for annual depreciation-lease equivalent2
payments is decreased by $659,571.3
(4) (a) If the general fund appropriation made in the annual4
general appropriation act for the 2026-27 state fiscal year to the5
department of corrections for annual depreciation-lease equivalent6
payments is an amount less than the amount of the adjustment required in7
subsection (3) of this section, the general fund appropriation is decreased8
to $0.9
(b) If the annual general appropriation act for the 2026-27 state10
fiscal year does not include an appropriation to the department of11
corrections for annual depreciation-lease equivalent payments, then12
subsection (3) of this section does not require a reduction of an13
appropriation in the annual general appropriation act for the 2026-27 state14
fiscal year.15
(5) Except as provided in subsection (6) of this section, to16
implement this act, the general fund appropriation made in the annual17
general appropriation act for the 2026-27 state fiscal year to the18
department of higher education for annual depreciation-lease equivalent19
payment is decreased by $13,100,234.20
(6) (a) If the general fund a ppropriation made in the annual21
general appropriation act for the 2026-27 state fiscal year to the22
department of higher education for annual depreciation-lease equivalent23
payment is an amount less than the amount of the adjustment required in24
subsection (5) of this section, the general fund appropriation is decreased25
to $0.26
(b) If the annual general appropriation act for the 2026-27 state27
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fiscal year does not include an appropriation to the department of higher1
education for annual depreciation-lease equivalent payment, then2
subsection (5) of this section does not require a reduction of an3
appropriation in the annual general appropriation act for the 2026-27 state4
fiscal year.5
(7) Except as provided in subsection (8) of this section, to6
implement this act, the general fund appropriation made in the annual7
general appropriation act for the 2026-27 state fiscal year to the8
department of human services for annual depreciation-lease equivalent9
payment is decreased by $7,781,784.10
(8) (a) If the general fund appropriation made in the annual11
general appropriation act for the 2026-27 state fiscal year to the12
department of human services for annual depreciation-lease equivalent13
payment is an amount less than the amount of the adjustment required in14
subsection (7) of this section, the general fund appropriation is decreased15
to $0.16
(b) If the annual general appropriation act for the 2026-27 state17
fiscal year does not include an appropriation to the department of human18
services for annual depreciation-lease equivalent payment, then19
subsection (7) of this section does not require a reduction of an20
appropriation in the annual general appropriation act for the 2026-27 state21
fiscal year.22
(9) Except as provided in subsection (10) of this section, to23
implement this act, the general fund appropriation made in the annual24
general appropriation act for the 2026-27 state fiscal year to the25
department of military and veterans affairs for annual depreciation-lease26
equivalent payment is decreased by $87,994.27
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(10) (a) If the general fund appropriation made in the annual1
general appropriation act for the 2026-27 state fiscal year to the2
department of military and veterans affairs for annual depreciation-lease3
equivalent payment is an amount less than the amount of the adjustment4
required in subsection (9) of this section, the general fund appropriation5
is decreased to $0.6
(b) If the annual general appropriation act for the 2026-27 state7
fiscal year does not include an appropriation to the department of military8
and veterans affairs for annual depreciation-lease equivalent payment,9
then subsection (9) of this section does not require a reduction of an10
appropriation in the annual general appropriation act for the 2026-27 state11
fiscal year.12
(11) Except as provided in subsection (12) of this section, to13
implement this act, appropriations made in the annual general14
appropriation act for the 2026-27 state fiscal year to the department of15
natural resources are adjusted as follows:16
(a) The general fund appropriation for annual depreciation-lease17
equivalent payment is decreased by $651,475; and18
(b) The cash funds appropriation from the parks and outdoor19
recreation cash fund created in section 33-10-111 (1), C.R.S., for annual20
depreciation-lease equivalent payment is decreased by $143,912.21
(12) (a) If the general fund appropriation made in the annual22
general appropriation act for the 2026-27 state fiscal year to the23
department of natural resources for annual depreciation-lease equivalent24
payment is an amount less than the amount of the adjustment required in25
subsection (11)(a) of this section, the general fund appropriation is26
decreased to $0.27
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(b) If the cash funds appropriation from the parks and outdoor1
recreation cash fund created in section 33-10-111 (1), C.R.S., made in the2
annual general appropriation act for the 2026-27 state fiscal year to the3
department of natural resources for annual depreciation-lease equivalent4
payment is an amount less than the amount of the adjustment required in5
subsection (11)(b) of this section, the cash funds appropriation from the6
parks and outdoor recreation cash fund created in section 33-10-111 (1),7
C.R.S., is decreased to $0.8
(c) If the annual general appropriation act for the 2026-27 state9
fiscal year does not include an appropriation to the department of natural10
resources for annual depreciation-lease equivalent payment, then11
subsection (11) of this section does not require a reduction of an12
appropriation in the annual general appropriation act for the 2026-27 state13
fiscal year.14
(13) Except as provided in subsection (14) of this section, to15
implement this act, the general f und appropriation made in the annual16
general appropriation act for the 2026-27 state fiscal year to the17
department of personnel for annual depreciation-lease equivalent payment18
is decreased by $2,600,060.19
(14) (a) If the general fund appropriation made in the annual20
general appropriation act for the 2026-27 state fiscal year to the21
department of personnel for annual depreciation-lease equivalent payment22
is an amount less than the amount of the adjustment required in23
subsection (13) of this section, the general fund appropriation is24
decreased to $0.25
(b) If the annual general appropriation act for the 2026-27 state26
fiscal year does not include an appropriation to the department of27
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personnel for annual depreciation-lease equivalent payment, then1
subsection (13) of this section does not require a reduction of an2
appropriation in the annual general appropriation act for the 2026-27 state3
fiscal year.4
(15) Except as provided in subsection (16) of this section, to5
implement this act, appropriations made in the annual general6
appropriation act for the 2026-27 state fiscal year to the department of7
public health and environment are adjusted as follows:8
(a) The general fund appropriation for annual depreciation-lease9
equivalent payments is decreased by $380,068; and10
(b) The cash funds appropriation from the newborn screening and11
genetic counseling cash funds created in section 25-4-1006 (1), C.R.S.,12
for annual depreciation-lease equivalent payments is decreased by13
$103,558.14
(16) (a) If the general fund appropriation made in the annual15
general appropriation act for the 2026-27 state fiscal year to the16
department of public health and environment for annual17
depreciation-lease equivalent payments is an amount less than the amount18
of the adjustment required in subsection (15)(a) of this section, the19
general fund appropriation is decreased to $0.20
(b) If the cash funds appropriation from the newborn screening21
and genetic counseling cash funds created in section 25-4-1006 (1),22
C.R.S., made in the annual general appropriation act for the 2026-27 state23
fiscal year to the department of public health and environment for annual24
depreciation-lease equivalent payments is an amount less than the amount25
of the adjustment required in subsection (15)(b) of this section, the cash26
funds appropriation from the newborn screening and genetic counseling27
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cash funds created in section 25-4-1006 (1), C.R.S., is decreased to $0.1
(c) If the annual general appropriation act for the 2026-27 state2
fiscal year does not include an appropriation to the department of public3
health and environment for annual depreciation-lease equivalent4
payments, then subsection (15) of this section does not require a reduction5
of an appropriation in the annual general appropriation act for the6
2026-27 state fiscal year.7
(17) Except as provided in subsection (18) of this section, to8
implement this act, the cash funds appropriation from the highway users9
tax fund created in section 43-4-201 (1)(a), C.R.S., and appropriated10
pursuant to section 43-4-201 (3)(a)(I)(C), C.R.S., made in the annual11
general appropriation act for the 2026-27 state fiscal year to the12
department of public safety for annual depreciation-lease equivalent13
payment is decreased by $67,700.14
(18) (a) If the cash funds appropriation from the highway users tax15
fund created in section 43-4-201 (1)(a), C.R.S., and appropriated pursuant16
to section 43-4-201 (3)(a)(I)(C), C.R.S., made in the annual general17
appropriation act for the 2026-27 state fiscal year to the department of18
public safety for annual depreciation-lease equivalent payment is an19
amount less than the amount of the adjustment required in subsection (17)20
of this section, the cash funds appropriation from the highway users tax21
fund created in section 43-4-201 (1)(a), C.R.S., and appropriated pursuant22
to section 43-4-201 (3)(a)(I)(C), C.R.S., is decreased to $0.23
(b) If the annual general appropriation act for the 2026-27 state24
fiscal year does not include an appropriation to the department of public25
safety for annual depreciation-lease equivalent payment, then subsection26
(17) of this section does not require a reduction of an appropriation in the27
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annual general appropriation act for the 2026-27 state fiscal year.1
SECTION 8. Effective date. This act takes effect upon passage;2
except that section 8 of this act takes effect only if the annual general3
appropriation act for the 2026-27 state fiscal year becomes law, in which4
case section 8 takes effect upon the effective date of this act or of the5
annual general appropriation act for state fiscal year 2026-27, whichever6
is later.7
SECTION 9. Safety clause. The general assembly finds,8
determines, and declares that this act is necessary for the immediate9
preservation of the public peace, health, or safety or for appropriations for10
the support and maintenance of the departments of the state and state11
institutions.12
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