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SB26-052 • 2026

Coal Transition Community Investment

The act establishes a first and preferred opportunity for available employment for coal transition workers in coal transition communities (hiring preference). A business entity located in a coal trans

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Enacted

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

Sponsor
Sen. M. Catlin, Sen. D. Roberts, Rep. M. Lukens, Rep. T. Mauro, Sen. J. Amabile, Sen. M. Ball, Sen. J. Bridges, Sen. J. Coleman, Sen. T. Exum, Sen. J. Gonzales, Sen. N. Hinrichsen, Sen. I. Jodeh, Sen. C. Kipp, Sen. B. Kirkmeyer, Sen. W. Lindstedt, Sen. L. Liston, Sen. J. Marchman, Sen. D. Michaelson Jenet, Sen. K. Mullica, Sen. R. Pelton, Sen. C. Simpson, Sen. M. Snyder, Sen. T. Sullivan, Sen. K. Wallace, Rep. J. Bacon, Rep. A. Boesenecker, Rep. K. Brown, Rep. C. Clifford, Rep. M. Duran, Rep. M. Froelich, Rep. L. García, Rep. L. Goldstein, Rep. S. Lieder, Rep. M. Lindsay, Rep. M. Martinez, Rep. J. McCluskie, Rep. K. McCormick, Rep. K. Nguyen, Rep. A. Paschal, Rep. N. Ricks, Rep. M. Rutinel, Rep. E. Sirota, Rep. L. Smith, Rep. K. Stewart, Rep. T. Story, Rep. B. Titone, Rep. S. Woodrow
Last action
2026-03-09
Official status
Governor Signed
Effective date
Not listed

Plain English Breakdown

The official source material does not provide specific details on the implementation of investment policies by public entities, leaving this aspect somewhat open-ended.

Coal Transition Community Investment Act

This act establishes a hiring preference for coal transition workers in designated communities, requiring certain businesses to prioritize these workers when hiring and allowing public entities to invest funds received from settlements related to coal mine closures or power station shutdowns.

What This Bill Does

  • Creates a first and preferred opportunity for employment for coal transition workers in designated coal transition communities.
  • Requires covered businesses (those constructing or operating railroads, utilities, energy generation facilities, or advanced manufacturing facilities) to make good faith efforts to provide hiring preferences to qualified coal transition workers.
  • Allows covered businesses to hire individuals who are not qualified coal transition workers only if no qualified worker applied for the job, declined an offer, or did not meet qualifications compared to other candidates.
  • Requires covered businesses to report annually on their hiring practices involving coal transition workers to a designated office.
  • Expands the ways public entities can invest funds received from settlements related to coal mine closures or power station shutdowns.

Who It Names or Affects

  • Coal transition workers in specific communities who are looking for employment opportunities.
  • Businesses operating in coal transition communities that construct or operate railroads, utilities, energy generation facilities, or advanced manufacturing facilities.
  • Public entities receiving funds from settlements related to coal mine closures or power station shutdowns.

Terms To Know

Coal Transition Community
A Colorado municipality, county, or region where a coal transition facility was located or is currently located.
Covered Business
A business entity operating in a coal transition community that constructs or operates railroads, utilities, energy generation facilities, or advanced manufacturing facilities, excluding state and local governments.

Limits and Unknowns

  • The act does not apply to existing employees being moved to different positions within the same covered business.
  • Hiring preferences do not override collective bargaining agreements between businesses and their employees.
  • Details on how public entities will implement investment policies for settlement funds are not specified.

Amendments

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

L.003

SEN Agriculture & Natural Resources

Passed [*]

Plain English: The amendment adds definitions for 'coal transition community' and 'coal transition worker', modifies hiring requirements, and clarifies exceptions to the hiring preference.

  • Adds new definitions for 'coal transition community' and 'coal transition worker'.
  • Modifies page 5 line 21 by inserting a condition that gives qualified coal transition workers priority in employment applications with covered businesses.
  • Inserts a new paragraph on page 6 to clarify when hiring preferences do not apply.
  • The amendment text does not provide full details about the implications of these changes for existing laws or regulations.
L.004

Second Reading

Passed [**]

Plain English: The amendment modifies the bill to add a new reason for businesses not having to offer employment opportunities first to coal transition workers.

  • Adds a condition that allows employers to avoid offering jobs first to qualified coal transition workers if those workers do not meet the qualifications of other candidates.
  • The amendment text does not provide details on how 'qualifications' will be determined or what specific criteria must be met by other candidates compared to coal transition workers.
L.005

Second Reading

Passed [**]

Plain English: The amendment changes the hiring preference for employment opportunities to specifically target those in coal transition communities.

  • Changes the phrase 'EMPLOYMENT' to 'EMPLOYMENT IN A COAL TRANSITION COMMUNITY', focusing the hiring preference on workers within these specific areas.
L.006

Second Reading

Passed [**]

Plain English: The amendment changes the definition of a 'coal transition worker' to include individuals who work or have worked in coal transition facilities.

  • Modifies the definition of 'coal transition worker' to specify that it includes people working or having worked at Colorado coal transition facilities.
  • The amendment text does not provide details on what constitutes a 'coal transition facility,' which limits understanding of its full impact.

Bill History

  1. 2026-03-09 Governor

    Governor Signed

  2. 2026-03-02 Governor

    Sent to the Governor

  3. 2026-03-02 House

    Signed by the Speaker of the House

  4. 2026-03-02 Senate

    Signed by the President of the Senate

  5. 2026-02-24 Senate

    Senate Considered House Amendments - Result was to Concur - Repass

  6. 2026-02-23 House

    House Third Reading Passed - No Amendments

  7. 2026-02-20 House

    House Second Reading Special Order - Passed with Amendments - Floor

  8. 2026-02-19 House

    House Committee on Agriculture, Water & Natural Resources Refer Unamended to House Committee of the Whole

  9. 2026-02-12 House

    Introduced In House - Assigned to Agriculture, Water & Natural Resources

  10. 2026-02-11 Senate

    Senate Third Reading Passed - No Amendments

  11. 2026-02-10 Senate

    Senate Second Reading Passed with Amendments - Committee

  12. 2026-02-05 Senate

    Senate Committee on Agriculture & Natural Resources Refer Amended - Consent Calendar to Senate Committee of the Whole

  13. 2026-01-27 Senate

    Introduced In Senate - Assigned to Agriculture & Natural Resources

Official Summary Text

The act establishes a first and preferred opportunity for available employment for coal transition workers in coal transition communities (hiring preference). A business entity located in a coal transition community that is engaged in the business of constructing or operating railroads, utilities, energy generation facilities, or advanced manufacturing facilities (covered business) is required to comply with the hiring preference. A covered business does not include the state government or a local government.
A covered business is required to make good faith efforts to provide a hiring preference to a coal transition worker who meets the qualifications for an employment position (qualified coal transition worker). A covered business may hire an individual who is not a qualified coal transition worker only if a qualified coal transition worker did not apply for employment with the covered business, each qualified coal transition worker declined a job offer from a covered business, or a qualified coal transition worker's qualifications did not meet the qualifications of other candidates for the same job.
If a qualified coal transition worker applies for employment with a covered business, the covered business is required to report specified information annually to the just transition office. The executive director is required to adopt policies and procedures to implement the act. A hiring preference does not apply if a covered business places an existing employee in another employment position with the covered business or to the extent that a hiring preference conflicts with the terms of a collective bargaining agreement that applies to the relationship between a covered business and its employees.
Currently, a public entity is not allowed to invest public funds in certain types of investments, such as equity instruments, instruments convertible to equity, or equity interests, or to deposit public funds with any person except certain depository institutions, which are primarily banks. The act authorizes a public entity to deposit or invest, either directly or through an investment firm or other third party authorized by the public entity, public funds from a payment or settlement that the public entity has received to offset the socioeconomic impacts to a community or government from the closure of a coal mine or coal power generating station in any investment permitted by an investment policy approved by the public entity.
(Note: This summary applies to this bill as enacted.)

Current Bill Text

Read the full stored bill text
SENATE BILL 26-052
BY SENATOR(S) Roberts and Catlin, Amabile, Ball, Bridges, Exum,
Gonzales J., Hinrichsen, Jodeh, Kipp, Kirkmeyer, Lindstedt, Liston,
Marchman, Michaelson Jenet, Mullica, Pelton R., Simpson, Snyder,
Sullivan, Wallace, Coleman;
also REPRESENTATIVE(S) Lukens and Mauro, Bacon, Boesenecker,
Brown, Clifford, Duran, Froelich, Garcia, Goldstein, Lieder, Lindsay,
Martinez, McCormick, Nguyen, Paschal, Ricks, Rutinel, Sirota, Smith,
Stewart K., Story, Titone, Woodrow, McCluskie.
CONCERNING COAL TRANSITION COMMUNITIES, AND, IN CONNECTION
THEREWITH, PROVIDING A HIRING PREFERENCE FOR COAL TRANSITION
WORKERS IN COAL TRANSITION COMMUNITIES AND EXPANDING THE
ALLOWABLE WAYS IN WHICH A PUBLIC ENTITY MAY DEPOSIT OR
INVEST JUST TRANSITION MONEY.
Be it enacted by the General Assembly of the State of Colorado:
SECTION 1. Legislative declaration. (1) The general assembly
finds and declares that:
(a) Coal transition workers have powered the state for decades, and
the loss of coal-related employment has profound economic and personal
Capital letters or bold & italic numbers indicate new material added to existing law; dashes
through words or numbers indicate deletions from existing law and such material is not part of
the act.
impacts on workers, their families, and the communities that depend on
them. These impacts are concentrated in specific regions of the state and
result directly from the planned and regulated decline of coal-fueled
generation and extraction.
(b) Coal transition workers possess specialized, high-value skills
that are directly transferable and critical to the state's transportation,
infrastructure, clean-energy, manufacturing, and industrial future, including
skills developed through years of work in highly regulated, safety-sensitive,
and technical environments;
( c) As coal facilities wind down and close pursuant to state policy,
regulatory approvals, and statutory clean-energy requirements, the state has
a legitimate and compelling interest in mitigating the foreseeable economic
harm to workers and communities that results from those state-directed
actions;
( d) Displaced coal transition workers should have clear, reliable, and
timely pathways into new careers of equal quality, including comparable
wages, benefits, and job security, within or near the communities in which
they live;
( e) The state's clean-energy economy already employs nearly 70,000
workers, which is more than twice as many as the fossil-fuel sector, and
state and regional climate workforce analyses identify significant shortages
across at least twenty climate-critical occupations, requiring thousands of
additional skilled workers, including electricians, construction laborers and
managers, HV AC and building technicians, wind and solar technicians,
power-line workers, electric-vehicle technicians, and other skilled trades,
to meet the state's statutory climate goals, including the goal of net-zero
greenhouse gas emissions by 2050;
(f) The state is simultaneously experiencing a substantial shortage
of construction workers, with construction trades projected to grow
significantly through 2030 and employers needing to fill tens of thousands
of high-demand positions. These workforce gaps make it imperative that
just-transition policy deliberately and efficiently align displaced coal
transition workers with existing and projected labor needs in clean energy,
construction, transportation, and related sectors.
PAGE 2-SENATE BILL 26-052
(g) Economic development, transportation, energy, and
infrastructure projects in coal transition communities must prioritize
reemployment opportunities for qualified coal transition workers so that the
economic transition does not come at the expense of the individuals and
communities that built and sustained these regions; and
(h) A targeted, qualification-based, and narrowly tailored hiring
preference, implemented through good faith efforts and tied to state
interests in economic recovery and workforce development, is a lawful and
necessary tool to ensure that coal transition workers directly benefit from
ongoing and future development in their communities and are not left
behind.
SECTION 2. In Colorado Revised Statutes, add 8-83-507 as
follows:
8-83-507. Hiring preference - coal transition workers -
definitions.
(1) As USED IN THIS SECTION, UNLESS THE CONTEXT OTHERWISE
REQUIRES:
(a) "COAL TRANSITION COMMUNITY" MEANS A COLORADO
MUNICIPALITY,COUNTY,ORREGIONWHEREACOAL TRANSITION FACILITY OR
A CENTER FOR THE MANUFACTURING OR TRANSPORTATION SUPPLY CHAIN OF
A COAL TRANSITION FACILITY WAS OR IS LOCATED.
(b) "COAL TRANSITION WORKER" MEANS AN INDIVIDUAL WHO WORKS
OR HAS WORKED IN A COLORADO COAL TRANSITION FACILITY OR IN THE
MANUFACTURING OR TRANSPORTATION SUPPLY CHAIN OF A COAL
TRANSITION FACILITY.
(c) "COVERED BUSINESS" MEANS A BUSINESS ENTITY OPERATING IN
A COAL TRANSITION COMMUNITY THAT IS ENGAGED IN THE BUSINESS OF
CONSTRUCTING OR OPERA TING RAILROADS, UTILITIES, ENERGY GENERATION
FACILITIES, OR ADVANCED MANUFACTURING FACILITIES. A "COVERED
BUSINESS" DOES NOT INCLUDE THE STATE GOVERNMENT OR A LOCAL
GOVERNMENT.
( d) "HIRING PREFERENCE" MEANS A FIRST AND PREFERRED
PAGE 3-SENATE BILL 26-052
OPPORTUNITY FOR AVAILABLE EMPLOYMENT IN A COAL TRANSITION
COMMUNITY.
( e) "QUALIFIED COAL TRANSITION WORKER" MEANS A COAL
TRANSITION WORKER WHO MEETS THE QUALIFICATIONS FOR AN
EMPLOYMENT POSITION WITH A COVERED BUSINESS.
(2)(a) ONANDAFTERJANUARY 1,2027,ACOVEREDBUSINESSSHALL
PROVIDE A HIRING PREFERENCE FOR A QUALIFIED COAL TRANSITION WORKER
TO A PROSPECTIVE NEW EMPLOYEE.
(b) A COVERED BUSINESS MAY HIRE AN INDIVIDUAL WHO IS NOT A
QUALIFIED COAL TRANSITION WORKER ONLY IF:
(I) A QUALIFIED COAL TRANSITION WORKER DID NOT APPLY TO BE
EMPLOYED BY A COVERED BUSINESS;
(II) EACH QUALIFIED COAL TRANSITION WORKER TO WHOM THE
COVERED BUSINESS EXTENDS AN OFFER OF EMPLOYMENT DECLINES THE
OFFER; OR
(III) A QUALIFIED COAL TRANSITION WORKER'S QUALIFICATIONS DID
NOT MEET THE QUALIFICATIONS OF OTHER CANDIDATES FOR THE SAME JOB.
(3) A COVERED BUSINESS SHALL CONSULT WITH THE JUST
TRANSITION OFFICE, OPERA TORS OF EXISTING COAL-FUELED GENERATION
FACILITIES SCHEDULED FOR RETIREMENT, AND ORGANIZATIONS
REPRESENTING QUALIFIED COAL TRANSITION WORKERS TO IDENTIFY
QUALIFIED COAL TRANSITION WORKERS.
( 4) IF A QUALIFIED COAL TRANSITION WORKER APPLIES FOR
EMPLOYMENT WITH A COVERED BUSINESS, THEN A COVERED BUSINESS SHALL
REPORT ANNUALLY TO THE JUST TRANSITION OFFICE THE FOLLOWING
INFORMATION REGARDING THE PRIOR YEAR:
(a) THE TITLE OF ANY POSITION FILLED BY A QUALIFIED COAL
TRANSITION WORKER;
(b) THE NUMBER OF QUALIFIED COAL TRANSITION WORKERS WHO
FILLED POSITIONS AT THE COVERED BUSINESS;
PAGE 4-SENATE BILL 26-052
( c) THE NUMBER OF INDIVIDUALS WHO ARE NOT QUALIFIED COAL
TRANSITION WORKERS WHO FILLED POSITIONS AT THE COVERED BUSINESS;
AND
( d) EFFORTS UNDERTAKEN BY THE COVERED BUSINESS TO RECRUIT
QUALIFIED COAL TRANSITION WORKERS.
(5) A COVERED BUSINESS SHALL MAKE GOOD FAITH EFFORTS TO
COMPLY WITH THIS SECTION.
(6) THE EXECUTIVE DIRECTOR OR THEIR DESIGNEE SHALL DEVELOP
POLICIES AND PROCEDURES FOR THE IMPLEMENTATION OF THIS SECTION.
(7) A HIRING PREFERENCE DOES NOT APPLY IF A COVERED BUSINESS
PLACES AN EXISTING EMPLOYEE IN ANOTHER EMPLOYMENT POSITION WITH
THE COVER E D BUSINESS OR TO THE EXTENT THAT A HIRING PREFERENCE
CONFLICTS WITH THE TERMS OF A COLLECTIVE BARGAINING AGREEMENT
THAT APPLIES TO THE RELATIONSHIP BETWEEN A COVERED BUSINESS AND ITS
EMPLOYEES.
SECTION 3. In Colorado Revised Statutes, 24-75-601.1, amend
(5) as follows:
24-75-601.1. Legal investments of public funds -definition.
(5) Nothing in this section applies to public fttnds held or invested
as part of any payment or settlement to offset the soeioeeonomie impacts to
a community or government ftonr the elosme of a coal mine or eoal power
genetating station. NOTWITHSTANDING ANY LA w TO THE CONTRARY, IN
ADDITION TO ANY OTHER DEPOSIT OR INVESTMENT OF PUBLIC FUNDS
ALLOWED BYLAW, A PUBLIC ENTITY IS AUTHORIZED TO DEPOSIT OR INVEST,
EITHER DIRECTLY OR THROUGH AN INVESTMENT FIRM OR OTHER THIRD
PARTY AUTHORIZED BY THE PUBLIC ENTITY, ANY PAYMENT OR SETTLEMENT
FUNDS THAT THE PUBLIC ENTITY HAS RECEIVED TO OFFSET THE
SOCIOECONOMIC IMPACTS TO A COMMUNITY OR GOVERNMENT FROM THE
CLOSURE OF A COAL MINE OR COAL POWER GENERA TING STATION AND THE
INTEREST, INVESTMENT INCOME, OR GAIN EARNED THEREON IN ANY
INVESTMENT PERMITTED UNDER AN INVESTMENT POLICY ADOPTED BY THE
PUBLIC ENTITY. FOR PURPOSES OF THIS SUBSECTION (5), UNLESS THE
CONTEXT OTHER WISE REQUIRES, "INVESTMENT FIRM" MEANS A BANK,
PAGE 5-SENATE BILL 26-052
BROKERAGE FIRM, OR OTHER FINANCIAL SERVICES FIRM CONDUCTING
BUSINESS IN THE STATE, OR ANY AGENT THEREOF.
SECTION 4. Safety clause. The general assembly finds,
determines, and declares that this act is necessary for the immediate
preservation of the public peace, health, or safety or for appropriations for
the support and maintenance of the departments of the state and state
institutions.
James Rashad Coleman, Sr.
PRESIDENT OF
THE SENATE
sther van Mourik
SECRETARY OF
THE SENATE
~~.
SPEAKER OF THE HOUSE
OF REPRESENTATIVES
~eilly
CHIEF CLERK OF THE HOUSE
OF REPRESENTATIVES
APPROVED on mormr \'n:lt'Wl (.\-ih 10l(p ~ \2: Wrll-1
(Date and Time)
Jared
GO
PAGE 6-SENATE BILL 26-