HB 1387 Colorado 2026A session
Severance Tax Fund Expenditures
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.)
Status
- Introduced
- Committee
- Floor vote
- Passed
- Enacted
Enacted — last recorded action May 29, 2026
Governor Signed
Recorded votes
Refer House Bill 26-1387 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
0 yes · 0 no · pass April 14, 2026
Refer House Bill 26-1387, as amended, to the Committee of the Whole.
0 yes · 0 no · pass April 7, 2026
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
- Governor Signed
- Signed by the Speaker of the House
- Signed by the President of the Senate
- Sent to the Governor
- Senate Third Reading Passed - No Amendments
- Senate Second Reading Special Order - Passed - No Amendments
- Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
- Introduced In Senate - Assigned to Appropriations
- House Third Reading Passed - No Amendments
- House Third Reading Laid Over Daily - No Amendments
- House Second Reading Special Order - Passed with Amendments - Committee
- House Second Reading Special Order - Laid Over Daily - No Amendments
- House Committee on Appropriations Refer Amended to House Committee of the Whole
- Introduced In House - Assigned to Appropriations