HB 1361 CO
Pay for Success Program Repeal
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Summary
This bill would repeal Colorado's pay for success contracts program, which is administered by the office of economic development. The bill would eliminate the pay for success contracts fund and account. The state treasurer would be required to transfer all money held in the fund and account to the general fund on June 30, 2026.
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 repeals the pay for success contracts program administered by the office of economic development and eliminates the pay for success contracts fund (fund) and the pay for success contracts account (account). The state treasurer must transfer all of the money in the fund and the account to the general fund on June 30, 2026.(Note: This summary applies to this bill as enacted.)
Sponsors (6)
- K. Brown Democratic · sponsor
- R. Taggart Republican · sponsor
- J. Bridges Democratic · sponsor
- B. Kirkmeyer Republican · sponsor
- E. Sirota Democratic · sponsor
- J. Amabile Democratic · sponsor
Action history (14)
- Jun 1, 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 - No Amendments · lower
- Apr 10, 2026 House Third Reading Laid Over Daily - No Amendments · lower
- Apr 9, 2026 House Second Reading Special Order - Passed - No Amendments · 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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