Bill Commons

CO HB 1360

enacted

Affordable Housing Financing Fund

Colorado · 2026 Regular Session · lower

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Quick answers

Did CO HB 1360 pass?

Yes. CO HB 1360 has been enacted into law. Latest recorded action (2026-05-28): Governor Signed

What is CO HB 1360 about?

The act directs the state treasurer to transfer $130 million from the state affordable housing fund (fund) to the general fund on June 30, 2026, and makes 3 corresponding adjustments to the affordable housing financing fund (financing fund). First, the act reduces the July 1, 2026, transfer from the fund to the financing fund by the amount of the June 30, 2026, transfer from the state affordable housing fund. Second, for the 2026-27 state fiscal year only, the act adjusts the prioritization of programs funded by the financing fund so that the programs are funded in the following order: The concessionary debt program, the affordable housing equity program, and the land banking program. Third, the act ensures that this transfer does not reduce the amount that may be spent on administrative expenses to implement programs funded by the financing fund in the 2026-27 state fiscal year and pools the costs of administering these programs between the administrator and the office of economic development for state fiscal years beginning with the 2026-27 state fiscal year.     Under current law, if legislative council staff's March economic and revenue forecast projects that state revenue will not exceed the state fiscal year spending limit, the general assembly may reduce the funding allocated to the financing fund. The act allows for the general assembly to so reduce the funding allocated to the financing fund for the 2025-26 state fiscal year as a result of revenue forecasts projecting that state revenue will not exceed the state fiscal year spending limit.(Note: This summary applies to this bill as enacted.)

Who sponsors CO HB 1360?

J. Amabile, E. Sirota, B. Kirkmeyer and 3 others are the primary sponsors of CO HB 1360.

Description

The act directs the state treasurer to transfer $130 million from the state affordable housing fund (fund) to the general fund on June 30, 2026, and makes 3 corresponding adjustments to the affordable housing financing fund (financing fund). First, the act reduces the July 1, 2026, transfer from the fund to the financing fund by the amount of the June 30, 2026, transfer from the state affordable housing fund. Second, for the 2026-27 state fiscal year only, the act adjusts the prioritization of programs funded by the financing fund so that the programs are funded in the following order: The concessionary debt program, the affordable housing equity program, and the land banking program. Third, the act ensures that this transfer does not reduce the amount that may be spent on administrative expenses to implement programs funded by the financing fund in the 2026-27 state fiscal year and pools the costs of administering these programs between the administrator and the office of economic development for state fiscal years beginning with the 2026-27 state fiscal year.     Under current law, if legislative council staff's March economic and revenue forecast projects that state revenue will not exceed the state fiscal year spending limit, the general assembly may reduce the funding allocated to the financing fund. The act allows for the general assembly to so reduce the funding allocated to the financing fund for the 2025-26 state fiscal year as a result of revenue forecasts projecting that state revenue will not exceed the state fiscal year spending limit.(Note: This summary applies to this bill as enacted.)

Introduced
2026-04-02
Latest action
2026-05-28 — Governor Signed
Bill type
bill
Last updated
—

Subjects

Sponsors

  • J. Amabilesponsor
  • E. Sirotasponsor
  • B. Kirkmeyersponsor
  • J. Bridgessponsor
  • R. Taggartsponsor
  • K. Brownsponsor

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-05-28

    Governor Signed

    executive-signature

  2. 2026-05-26

    Signed by the Speaker of the House

    passage

  3. 2026-05-26

    Signed by the President of the Senate

    passage

  4. 2026-05-26

    Sent to the Governor

    executive-receipt

  5. 2026-04-16

    Senate Third Reading Passed - No Amendments

    passage,reading-3

  6. 2026-04-16

    Senate Third Reading Reconsidered - No Amendments

  7. 2026-04-15

    Senate Second Reading Special Order - Passed - No Amendments

  8. 2026-04-14

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

    committee-passage,referral-committee

  9. 2026-04-13

    Introduced In Senate - Assigned to Appropriations

    introduction

  10. 2026-04-11

    House Third Reading Passed - No Amendments

    passage,reading-3

  11. 2026-04-10

    House Third Reading Laid Over Daily - No Amendments

  12. 2026-04-09

    House Second Reading Special Order - Passed - No Amendments

  13. 2026-04-08

    House Second Reading Special Order - Laid Over Daily - No Amendments

  14. 2026-04-07

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

    committee-passage,referral-committee

  15. 2026-04-02

    Introduced In House - Assigned to Appropriations

    introduction

Versions

Documents

Votes

  • Refer House Bill 26-1360 to the Committee of the Whole.

    2026-04-07 · pass · 0-0

    Member-level votes (11)
    • Andrew Boesenecker: yes
    • Scott Bottoms: no
    • Junie Joseph: no
    • Karen McCormick: yes
    • Matt Soper: no
    • Rick Taggart: yes
    • Brianna Titone: yes
    • Elizabeth Velasco: yes
    • Yara Zokaie: yes
    • Emily Sirota: yes
    • Kyle Brown: yes

  • Refer House Bill 26-1360 to the Committee of the Whole.

    2026-04-14 · pass · 0-0

    Member-level votes (7)
    • Julie Gonzales: yes
    • Barbara Kirkmeyer: yes
    • Chris Kolker: yes
    • Larry Liston: no
    • Byron Pelton: no
    • Jeff Bridges: yes
    • Judy Amabile: yes

  • BILL

    2026-04-16 · pass · 0-0

    Member-level votes (36)
    • Amabile: yes
    • Baisley: no
    • Ball: yes
    • Benavidez: yes
    • Bridges: yes
    • Bright: yes
    • Carson: no
    • Catlin: no
    • Cutter: yes
    • Danielson: yes
    • Daugherty: yes
    • Exum: yes
    • Frizell: yes
    • Gonzales J.: yes
    • Hinrichsen: yes
    • Jodeh: yes
    • Kipp: yes
    • Kirkmeyer: yes
    • Kolker: yes
    • Lindstedt: yes
    • Liston: no
    • Marchman: no
    • Mullica: yes
    • Pelton B.: yes
    • Pelton R.: no
    • Rich: yes
    • Roberts: no
    • Rodriguez: yes
    • Simpson: no
    • Snyder: yes
    • Sullivan: yes
    • Wallace: yes
    • Weissman: yes
    • Zamora Wilson: no
    • Coleman: yes
    • President: yes

Related bills

No related bills recorded for this bill.

Official source

https://leg.colorado.gov/bills/HB26-1360

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T03:52:26.466301Z

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