HB 1341 Colorado 2026A session

Colorado Agricultural Development Authority Bond Allocation Service Period

The state private activity bond program funds privately developed projects by allowing the state and its political subdivisions to issue tax-exempt private activity bonds. The federal internal revenue code limits the total amount of tax-exempt private activity bonds that a state and its political subdivisions may issue each year by imposing a private activity bond ceiling (state ceiling). Existing law specifies a formula to allocate the ability to issue tax-exempt private activity bonds up to the state ceiling and initially allocates 50% of these bonds among several state issuing authorities through direct allocations as determined by the department of local affairs (department). On September 15 each year, with a few exceptions, each state issuing authority is required to relinquish unused portions of its direct allocation which is then further allocated pursuant to law. The Colorado agricultural development authority is one of the state issuing authorities to which the department may allocate a portion of the state ceiling. The act changes the date on which the Colorado agricultural development authority is required to relinquish the unused portion of its direct allocation from September 15 to November 15 each year.(Note: This summary applies to this bill as enacted.)

Status

  1. Introduced
  2. Committee
  3. Floor vote
  4. Passed
  5. Enacted

Enacted — last recorded action June 4, 2026

Governor Signed

Recorded votes

BILL

0 yes · 0 no · pass May 7, 2026

See how each member voted →

Passage likelihood

Not enough recorded signal to estimate this bill's chances.

State-level impact

State-level impact data is not available for this bill. The source text does not contain a per-state funding formula or scored breakdown, so no figures are shown.

Official actions

  1. Governor Signed
  2. Signed by the Speaker of the House
  3. Signed by the President of the Senate
  4. Sent to the Governor
  5. Senate Third Reading Passed - No Amendments
  6. Senate Second Reading Special Order - Passed - No Amendments
  7. Senate Committee on Finance Refer Unamended - Consent Calendar to Senate Committee of the Whole
  8. Introduced In Senate - Assigned to Finance
  9. House Third Reading Passed - No Amendments
  10. House Second Reading Special Order - Passed - No Amendments
  11. House Second Reading Laid Over Daily - No Amendments
  12. House Committee on Finance Refer Unamended to House Committee of the Whole
  13. House Committee on Agriculture, Water & Natural Resources Refer Unamended to Finance
  14. Introduced In House - Assigned to Agriculture, Water & Natural Resources + Finance
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