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HB26-1416 • 2026

Transfers to General Fund & Colorado Economic Development Fund

The act requires the state treasurer to transfer $1.2 million from the universal high school scholarship cash fund (fund) to the Colorado economic development fund and $2.3 million from the fund to th

Education
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Rep. K. Brown, Rep. K. Nguyen, Sen. J. Amabile, Sen. J. Carson, Rep. S. Camacho, Rep. M. Carter, Rep. M. Lindsay, Rep. C. Richardson, Rep. M. Soper, Rep. K. Stewart, Rep. R. Taggart, Rep. B. Titone, Rep. E. Velasco, Rep. T. Winter, Rep. D. Woog, Sen. R. Pelton, Sen. D. Roberts, Rep. J. Caldwell, Rep. C. Clifford, Rep. J. Jackson, Rep. M. Rutinel, Rep. S. Woodrow, Sen. J. Coleman
Last action
2026-06-03
Official status
Governor Signed
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.

Transfers to General Fund & Colorado Economic Development Fund

The act requires the state treasurer to transfer $1.2 million from the universal high school scholarship cash fund (fund) to the Colorado economic development fund and $2.3 million from the fund to the general fund on June 30, 2026.

What This Bill Does

  • The act requires the state treasurer to transfer $1.2 million from the universal high school scholarship cash fund (fund) to the Colorado economic development fund and $2.3 million from the fund to the general fund on June 30, 2026.
  • (Note: This summary applies to this bill as enacted.)

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.003

Second Reading

Passed [**]

Plain English: HB1416_L.003 Amendment No.

  • HB1416_L.003 Amendment No.
  • ___________ HB26-1416 HOUSE FLOOR AMENDMENT Second Reading BY REPRESENTATIVE Brown 1 Amend printed bill, page 4, line 17, strike "ONE MILLION TWO" and 2 substitute "NINE".
  • 3 Page 4, line 21, strike "THREE" and substitute "SIX".
  • ** *** ** *** ** LLS: Jed Franklin x5484

Bill History

  1. 2026-06-03 Governor

    Governor Signed

  2. 2026-06-02 Governor

    Sent to the Governor

  3. 2026-06-02 Senate

    Signed by the President of the Senate

  4. 2026-06-02 House

    Signed by the Speaker of the House

  5. 2026-05-13 Senate

    Senate Third Reading Passed - No Amendments

  6. 2026-05-12 Senate

    Senate Second Reading Special Order - Passed - No Amendments

  7. 2026-05-11 Senate

    Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole

  8. 2026-05-11 Senate

    Introduced In Senate - Assigned to Appropriations

  9. 2026-05-09 House

    House Third Reading Passed - No Amendments

  10. 2026-05-08 House

    House Third Reading Laid Over Daily - No Amendments

  11. 2026-05-07 House

    House Second Reading Special Order - Passed with Amendments - Floor

  12. 2026-04-28 House

    House Second Reading Laid Over Daily - No Amendments

  13. 2026-04-24 House

    House Committee on Appropriations Refer Unamended to House Committee of the Whole

  14. 2026-04-13 House

    Introduced In House - Assigned to Appropriations

Official Summary Text

The act requires the state treasurer to transfer $1.2 million from the universal high school scholarship cash fund (fund) to the Colorado economic development fund and $2.3 million from the fund to the general fund on June 30, 2026.
(Note: This summary applies to this bill as enacted.)