HB 1402 CO
Transfer to Capital Construction Fund
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Summary
This bill directs the state treasurer to transfer approximately $139.7 million to Colorado's capital construction fund on July 1, 2026, from various state funds and accounts. The transfers include $131.5 million from the general fund and $500,000 from the general fund exempt account, with supplemental transfers totaling approximately $7.7 million to the information technology capital account within the capital construction fund. Specific portions of the information technology transfers are designated for Colorado State Patrol records utilization upgrades, funded by the motor carrier safety and motorcycle operator safety training funds.
AI-generated plain-language summary of the bill (from the OpenStates abstract — no full text available yet) — neutral, and may be imperfect.
Official abstract
The act requires that the state treasurer make the following transfers of money on July 1, 2026:$131,514,555 from the general fund to the capital construction fund;$3,420,943 from the general fund to the information technology capital account in the capital construction fund;$500,000 from the general fund exempt account to the capital construction fund;$1,748,863 from the community impact cash fund to the information technology capital account in the capital construction fund;$587,318 from the motor carrier safety fund to the information technology capital account in the capital construction fund to be used for a records utilization upgrade for the Colorado state patrol; and$1,976,782 from the motorcycle operator safety training fund to the information technology capital account in the capital construction fund to be used for a records utilization upgrade for the Colorado state patrol.(Note: This summary applies to this bill as enacted.)
Sponsors (6)
- E. Sirota Democratic · sponsor
- R. Taggart Republican · sponsor
- J. Amabile Democratic · sponsor
- J. Bridges Democratic · sponsor
- K. Brown Democratic · sponsor
- B. Kirkmeyer Republican · sponsor
2 coauthors / cosponsors
- R. Weinberg Republican · cosponsor
- N. Hinrichsen Democratic · cosponsor
Action history (14)
- May 29, 2026 Governor Signed · executive
- May 26, 2026 Sent to the Governor · executive
- May 26, 2026 Signed by the President of the Senate · upper
- May 26, 2026 Signed by the Speaker of the House · lower
- Apr 16, 2026 Senate Third Reading Passed - No Amendments · upper
- Apr 15, 2026 Senate Second Reading Special Order - Passed - No Amendments · upper
- Apr 14, 2026 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
- Apr 13, 2026 Introduced In Senate - Assigned to Appropriations · upper
- Apr 11, 2026 House Third Reading Passed with Amendments - Floor · lower
- Apr 10, 2026 House Third Reading Laid Over Daily - No Amendments · lower
- Apr 9, 2026 House Second Reading Special Order - Passed with Amendments - Floor · lower
- Apr 8, 2026 House Second Reading Special Order - Laid Over Daily - No Amendments · lower
- Apr 7, 2026 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
- Apr 2, 2026 Introduced In House - Assigned to Appropriations · lower
Full text
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