CO SB 180
died on adjournmentInvestment Performance Authority
Colorado · 2026 Regular Session · upper
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Quick answers
Did CO SB 180 pass?
No. CO SB 180 died when the 2026 Regular Session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2026-05-06): Senate Committee on Appropriations Postpone Indefinitely
What is CO SB 180 about?
The bill creates a special purpose authority (investment performance authority) that is authorized to invest certain public money from certain special funds, enterprise funds, and funds held by other special purpose authorities. State and other governmental entities (eligible entities) may choose to have the investment performance authority invest their money instead of the state treasurer or other authorized investor, under certain conditions. The investment performance authority is governed by a board of directors made up of the following 7 members:The state treasurer or the state treasurer's designee, who serves as chair of the board;The director of the office of state planning and budgeting or the director's designee;An individual with professional experience in managing federal, state, or local government money or managing the money of an institution of higher education or other endowment fund, appointed by the governor;2 individuals with professional experience in investment consulting or investment management, with one individual appointed by the speaker of the house of representatives and one individual appointed by the majority leader of the senate;An individual employed in the child care field, appointed by the minority leader of the senate; andAn individual working with a child care advocacy organization, appointed by the minority leader of the house of representatives. The investment performance authority uses the earnings from the investment of eligible entities' money:To quarterly disburse to eligible entities on a pro rata basis;To pay the reasonable administrative costs and expenses of the investment performance authority;To create a reserve; and To disburse to counties for child care assistance to families with low incomes according to a formula established in coordination with the child care assistance program allocation committee and the department of early childhood.(Note: This summary applies to this bill as introduced.)
Who sponsors CO SB 180?
R. Taggart, L. García, J. Marchman and 1 others are the primary sponsors of CO SB 180.
Description
The bill creates a special purpose authority (investment performance authority) that is authorized to invest certain public money from certain special funds, enterprise funds, and funds held by other special purpose authorities. State and other governmental entities (eligible entities) may choose to have the investment performance authority invest their money instead of the state treasurer or other authorized investor, under certain conditions. The investment performance authority is governed by a board of directors made up of the following 7 members:The state treasurer or the state treasurer's designee, who serves as chair of the board;The director of the office of state planning and budgeting or the director's designee;An individual with professional experience in managing federal, state, or local government money or managing the money of an institution of higher education or other endowment fund, appointed by the governor;2 individuals with professional experience in investment consulting or investment management, with one individual appointed by the speaker of the house of representatives and one individual appointed by the majority leader of the senate;An individual employed in the child care field, appointed by the minority leader of the senate; andAn individual working with a child care advocacy organization, appointed by the minority leader of the house of representatives. The investment performance authority uses the earnings from the investment of eligible entities' money:To quarterly disburse to eligible entities on a pro rata basis;To pay the reasonable administrative costs and expenses of the investment performance authority;To create a reserve; and To disburse to counties for child care assistance to families with low incomes according to a formula established in coordination with the child care assistance program allocation committee and the department of early childhood.(Note: This summary applies to this bill as introduced.)
- Introduced
- 2026-04-27
- Latest action
- 2026-05-06 — Senate Committee on Appropriations Postpone Indefinitely
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- R. Taggartsponsor
- L. Garcíasponsor
- J. Marchmansponsor
- S. Brightsponsor
Committees
Not provided by source.
Action timeline
Newest first
2026-05-06
Senate Committee on Appropriations Postpone Indefinitely
2026-04-30
Senate Committee on Finance Refer Amended to Appropriations
referral-committee
2026-04-27
Introduced In Senate - Assigned to Finance
introduction
Versions
Documents
Votes
Refer Senate Bill 26-180, as amended, to the Committee on Appropriations.
2026-04-30 · pass · 0-0
Member-level votes (9)
- Adrienne Benavidez: no
- Scott Bright: yes
- Lisa Frizell: yes
- Barbara Kirkmeyer: yes
- Chris Kolker: no
- Kyle Mullica: yes
- Marc Snyder: no
- Janice Marchman: yes
- Cathy Kipp: no
Adopt amendment L.004 (Attachment E)
2026-04-30 · pass · 0-0
Member-level votes (9)
- Adrienne Benavidez: no
- Scott Bright: yes
- Lisa Frizell: yes
- Barbara Kirkmeyer: yes
- Chris Kolker: yes
- Kyle Mullica: yes
- Marc Snyder: yes
- Janice Marchman: yes
- Cathy Kipp: yes
Adopt amendment L.003 (Attachment D)
2026-04-30 · pass · 0-0
Adopt amendment L.001 (Attachment C)
2026-04-30 · pass · 0-0
Adopt amendment L.006 (Attachment F)
2026-04-30 · pass · 0-0
Refer Senate Bill 26-180, as amended, to the Committee of the Whole.
2026-05-06 · fail · 0-0
Member-level votes (7)
- Julie Gonzales: no
- Barbara Kirkmeyer: yes
- Chris Kolker: no
- Larry Liston: no
- Byron Pelton: no
- Jeff Bridges: no
- Judy Amabile: no
Adopt amendment L.010
2026-05-06 · pass · 0-0
Member-level votes (7)
- Julie Gonzales: yes
- Barbara Kirkmeyer: yes
- Chris Kolker: no
- Larry Liston: no
- Byron Pelton: yes
- Jeff Bridges: yes
- Judy Amabile: yes
Postpone Senate Bill 26-180 indefinitely.
2026-05-06 · 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
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T03:52:26.466301Z
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