Severance Tax Fund Expenditures
Concerning the expenditure of money from the severance tax trust fund, and, in connection therewith, allowing the state treasurer to transfer money from the severance tax perpetual base fund to the species conservation trust fund, establishing an annual transfer from the severance tax operational fund to the general fund, and reducing an appropriation.
Official status: Became Law
Prime sponsors
- Kyle Brown (House) — Prime Sponsor
- Rick Taggart (House) — Prime Sponsor
- Jeff Bridges (Senate) — Prime Sponsor
- Barbara Kirkmeyer (Senate) — Prime Sponsor
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 directs the state treasurer to annually transfer no more than $3 million from the severance tax perpetual base fund to the species conservation trust fund. The act also directs the state treasurer to, beginning on June 30, 2027, annually transfer from the severance tax operational fund to the general fund the lesser of $14.2 million or the difference between the amount of severance tax revenue projected to be deposited in the operational fund in the current fiscal year and the amount appropriated from the operational fund for certain programs in the same fiscal year. The cash funds appropriation from the severance tax operational fund for the 2026-27 state fiscal year to the department of natural resources for use by the executive director's office for the species conservation trust fund is decreased by $3,000,000. (Note: This summary applies to this bill as enacted.)
Status timeline
| Date | Location | Action |
|---|---|---|
| 04/02/2026 | House | Introduced In House - Assigned to Appropriations |
| 04/07/2026 | House | House Committee on Appropriations Refer Amended to House Committee of the Whole |
| 04/08/2026 | House | House Second Reading Special Order - Laid Over Daily - No Amendments |
| 04/09/2026 | House | House Second Reading Special Order - Passed with Amendments - Committee |
| 04/10/2026 | House | House Third Reading Laid Over Daily - No Amendments |
| 04/11/2026 | House | House Third Reading Passed - No Amendments |
| 04/13/2026 | Senate | Introduced In Senate - Assigned to Appropriations |
| 04/14/2026 | Senate | Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole |
| 04/15/2026 | Senate | Senate Second Reading Special Order - Passed - No Amendments |
| 04/16/2026 | Senate | Senate Third Reading Passed - No Amendments |
| 05/28/2026 | House | Signed by the Speaker of the House |
| 05/28/2026 | Senate | Signed by the President of the Senate |
| 05/28/2026 | Governor | Sent to the Governor |
| 05/29/2026 | Governor | Governor Signed |
Recorded votes
- 04/14/2026 — Senate Appropriations: “Refer House Bill 26-1387 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.” — the motion passed on a vote of 7–0.
- 04/07/2026 — House Appropriations: “Refer House Bill 26-1387, as amended, to the Committee of the Whole.” — the motion passed on a vote of 10–0.
Proposed amendments (1 proposed amendment)
| Amendment | Committee / floor hearing | Offered | Disposition | Official document |
|---|---|---|---|---|
| J.001 | Committee amendment — Appropriations (House) | 04/07/2026 | Passed | View official document |
Source: Colorado General Assembly (leg.colorado.gov) · Data as of
Full text
- Signed Act version (official PDF), 06/01/2026
- Final Act version (official PDF), 05/26/2026
- Rerevised version (official PDF), 04/16/2026
- Revised version (official PDF), 04/15/2026
- Reengrossed version (official PDF), 04/11/2026
- Engrossed version (official PDF), 04/09/2026
- Introduced version (official PDF), 04/02/2026
Official record
View HB26-1387 on leg.colorado.gov
Source: Colorado General Assembly (leg.colorado.gov) · Data as of
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