Bill Commons

CO HB 1387

enacted

Severance Tax Fund Expenditures

Colorado · 2026 Regular Session · lower

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Quick answers

Did CO HB 1387 pass?

Yes. CO HB 1387 has been enacted into law. Latest recorded action (2026-04-02): Introduced In House - Assigned to Appropriations

What is CO HB 1387 about?

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.)

Who sponsors CO HB 1387?

J. Amabile, E. Sirota, B. Kirkmeyer and 3 others are the primary sponsors of CO HB 1387.

Description

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.)

Introduced
2026-04-02
Latest action
2026-04-02 — Introduced In House - Assigned to Appropriations
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. 2026-05-29

    Governor Signed

    executive-signature

  2. 2026-05-28

    Signed by the Speaker of the House

    passage

  3. 2026-05-28

    Signed by the President of the Senate

    passage

  4. 2026-05-28

    Sent to the Governor

    executive-receipt

  5. 2026-04-16

    Senate Third Reading Passed - No Amendments

    passage,reading-3

  6. 2026-04-15

    Senate Second Reading Special Order - Passed - No Amendments

  7. 2026-04-14

    Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole

    committee-passage

  8. 2026-04-13

    Introduced In Senate - Assigned to Appropriations

    introduction

  9. 2026-04-11

    House Third Reading Passed - No Amendments

    passage,reading-3

  10. 2026-04-10

    House Third Reading Laid Over Daily - No Amendments

  11. 2026-04-09

    House Second Reading Special Order - Passed with Amendments - Committee

  12. 2026-04-08

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

  13. 2026-04-07

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

    committee-passage,referral-committee

  14. 2026-04-02

    Introduced In House - Assigned to Appropriations

    introduction

Versions

Documents

Votes

  • Refer House Bill 26-1387, as amended, to the Committee of the Whole.

    2026-04-07 · pass · 0-0

    Member-level votes (11)
    • Andrew Boesenecker: yes
    • Scott Bottoms: yes
    • Junie Joseph: yes
    • Karen McCormick: yes
    • Matt Soper: excused
    • Rick Taggart: yes
    • Brianna Titone: yes
    • Elizabeth Velasco: yes
    • Yara Zokaie: yes
    • Emily Sirota: yes
    • Kyle Brown: yes
  • Adopt amendment J.001

    2026-04-07 · pass · 0-0

  • Refer House Bill 26-1387 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.

    2026-04-14 · pass · 0-0

    Member-level votes (7)
    • Julie Gonzales: yes
    • Barbara Kirkmeyer: yes
    • Chris Kolker: yes
    • Larry Liston: yes
    • Byron Pelton: yes
    • 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: yes
    • Catlin: yes
    • 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: yes
    • Mullica: yes
    • Pelton B.: yes
    • Pelton R.: yes
    • Rich: no
    • Roberts: no
    • Rodriguez: yes
    • Simpson: yes
    • 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

Attribution

Data from openstates_api_sync, retrieved 2026-08-28T23:30:08.500110Z

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