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HB26-1361 · Bill · 2026 Regular Session · Colorado

Pay for Success Program Repeal

Concerning the repeal of the pay for success contracts program.

Official status: Became Law

Prime sponsors

Progress (from the official record)

Official summary

Official text — shown in English exactly as published by the official source. The official text controls.

The act repeals the pay for success contracts program administered by the office of economic development and eliminates the pay for success contracts fund (fund) and the pay for success contracts account (account). The state treasurer must transfer all of the money in the fund and the account to the general fund on June 30, 2026. (Note: This summary applies to this bill as enacted.)

Status timeline

Every recorded action on HB26-1361, oldest first
DateLocationAction
04/02/2026HouseIntroduced In House - Assigned to Appropriations
04/07/2026HouseHouse Committee on Appropriations Refer Unamended to House Committee of the Whole
04/08/2026HouseHouse Second Reading Special Order - Laid Over Daily - No Amendments
04/09/2026HouseHouse Second Reading Special Order - Passed - No Amendments
04/10/2026HouseHouse Third Reading Laid Over Daily - No Amendments
04/11/2026HouseHouse Third Reading Passed - No Amendments
04/13/2026SenateIntroduced In Senate - Assigned to Appropriations
04/14/2026SenateSenate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
04/15/2026SenateSenate Second Reading Special Order - Passed - No Amendments
04/16/2026SenateSenate Third Reading Passed - No Amendments
05/26/2026HouseSigned by the Speaker of the House
05/26/2026SenateSigned by the President of the Senate
05/26/2026GovernorSent to the Governor
06/01/2026GovernorGovernor Signed

Recorded votes

Full text

Full text — side-by-side reader

Showing the latest official version: Signed Act version (official PDF), 06/03/2026

Official text — shown in English exactly as published by the official source. The official text controls.

HOUSE BILL 26-1361

BY REPRESENTATIVE(S) Brown and Taggart, Sirota; also SENATOR(S) Bridges and Kirkmeyer, Amabile.

CONCERNING THE REPEAL OF THE PAY FOR SUCCESS CONTRACTS PROGRAM.

Be it enacted by the General Assembly of the State of Colorado: SECTION 1. In Colorado Revised Statutes, 24-37-403, amend (6)(b); and add (9) as follows: 24-37-403. Establishment of state pay for success contracts program - pay for success contracts fund - creation - repeal. (6) (b) (I) Interest and income earned on the deposit and investment of money in the fund is credited to the fund; except that interest and income earned on the deposit and investment of money in the account is credited to the account. Subject to annual appropriation by the general assembly, the office shall expend money in the fund and in the account to make payments to the lead contractor as required by a contract and to pay any administrative expenses incurred in connection with a contract. The office shall expend money in the account solely for the programs listed in section 24-37-404, but the department of human services may expend any money appropriated

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.

to it from the account for personal services and operating expenses related to the administration of any contract. (II) ONJUNE30,2026, THE STATE TREASURER SHALL TRANSFER THE BALANCE OF MONEY IN THE ACCOUNT AND THE MONEY IN THE FUND TO THE GENERAL FUND.

(9) THIS SECTION IS REPEALED, EFFECTIVE JULY 1, 2026.

SECTION 2. 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.

Julie McCluskie SPEAKER OF THE HOUSE OF REPRESENTATIVES

James Rashad Coleman, Sr. PRESIDENT OF THE SENATE

Vanessa Reilly CHIEF CLERK OF THE HOUSE OF REPRESENTATIVES

Esther van Mourik SECRETARY OF THE SENATE

APPROVED on Monday June 1st 2026 at 11:00am (Date and Time)

Jared S. Polis GOVERNOR OF THE STATE OF COLORADO

Official record

View HB26-1361 on leg.colorado.gov

Source: Colorado General Assembly (leg.colorado.gov) · Data as of

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