Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
7.5 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
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| Bill | Repeal Capital Construction Funding Requirements | Current law requires most state agencies and institutions of higher education that receive an appropriation for capital construction to set aside an amount of money equal to the recorded depreciation of the capital asset that was acquired, repaired, improved, replaced, renovated, or constructed with the appropriation (annual depreciation-lease equivalent payment) to pay for the long-term maintenance costs of the capital asset. Currently, the money that state agencies or institutions of higher education set aside for maintenance costs is credited to the capitol complex renovation fund. The act repeals the annual depreciation-lease equivalent payment requirement. Currently, the department of personnel uses the money in the capitol complex renovation fund (fund) for capital construction needs for existing state-owned buildings in the capitol complex. The act requires the state treasurer to transfer $15,263,000 from the fund to the general fund on June 30, 2026. The act also requires the state treasurer to transfer the remaining balance of the fund on June 30, 2027, to the general fund and then repeals the fund. In addition, the act repeals a reporting requirement in connection with the use of the money in the fund. The act also repeals the capitol complex master plan implementation fund, including its ongoing transfers to the fund. The act decreases multiple cash fund and general fund appropriations made in the annual general appropriation act for the 2026-27 state fiscal year to various state departments for annual depreciation-lease equivalent payments.(Note: This summary applies to this bill as enacted.) | us/states/co | Colorado General Assembly | 2026A | HB 1406 | Colorado HB 1406 (2026A) |
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enacted |
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7 | 16 | 8 | 2026-04-02 | 2026-06-01 | openstates | ocd-bill/194ed685-b1cb-4aa1-a088-f13bda3d8644 | https://leg.colorado.gov/bills/HB26-1406 | e2c73205ad992a3906757c647e715013d56674c744ff0d216a4d7c43e9caa019 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Colorado HB 1406 (2026A) — Repeal Capital Construction Funding Requirements
Current law requires most state agencies and institutions of higher education that receive an appropriation for capital construction to set aside an amount of money equal to the recorded depreciation of the capital asset that was acquired, repaired, improved, replaced, renovated, or constructed with the appropriation (annual depreciation-lease equivalent payment) to pay for the long-term maintenance costs of the capital asset. Currently, the money that state agencies or institutions of higher education set aside for maintenance costs is credited to the capitol complex renovation fund. The act repeals the annual depreciation-lease equivalent payment requirement. Currently, the department of personnel uses the money in the capitol complex renovation fund (fund) for capital construction needs for existing state-owned buildings in the capitol complex. The act requires the state treasurer to transfer $15,263,000 from the fund to the general fund on June 30, 2026. The act also requires the state treasurer to transfer the remaining balance of the fund on June 30, 2027, to the general fund and then repeals the fund. In addition, the act repeals a reporting requirement in connection with the use of the money in the fund. The act also repeals the capitol complex master plan implementation fund, including its ongoing transfers to the fund. The act decreases multiple cash fund and general fund appropriations made in the annual general appropriation act for the 2026-27 state fiscal year to various state departments for annual depreciation-lease equivalent payments.(Note: This summary applies to this bill as enacted.)
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- Introduced (filed) — source
- Engrossed (committee substitute) — source
- Final Act (committee substitute) — source
- Reengrossed (committee substitute) — source
- Rerevised (committee substitute) — source
- Revised (committee substitute) — source
- Signed Act (committee substitute) — source
Votes
- BILL — pass (pass) · lower
- REPASS — pass (pass) · upper
- AMD (L.001) — pass (pass) · lower
- PERM — pass (pass) · lower
- CONCUR — pass (pass) · upper
- Refer House Bill 26-1406 to the Committee of the Whole. — pass (pass) · lower
- Refer House Bill 26-1406, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. — pass (pass) · upper
- Adopt amendment L.003 — pass (pass) · upper
Sponsors
- B. Kirkmeyer — primary (person)
- E. Sirota — primary (person)
- J. Amabile — primary (person)
- J. Bridges — primary (person)
- K. Brown — primary (person)
- R. Taggart — primary (person)
- A. Valdez — cosponsor (person)
- T. Story — cosponsor (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2026-06-01 Governor Signed
executive-signature - 2026-04-15 Senate Second Reading Special Order - Passed - No Amendments
- 2026-05-29 Sent to the Governor
executive-receipt - 2026-05-29 Signed by the President of the Senate
passage - 2026-05-29 Signed by the Speaker of the House
passage - 2026-04-17 House Considered Senate Amendments - Result was to Concur - Repass
- 2026-04-16 Senate Third Reading Passed - No Amendments
passage, reading-3 - 2026-04-15 Senate Second Reading Special Order - Passed with Amendments - Committee
- 2026-04-14 Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole
committee-passage - 2026-04-13 Introduced In Senate - Assigned to Appropriations
introduction - 2026-04-11 House Third Reading Passed with Amendments - Floor
passage, reading-3 - 2026-04-10 House Third Reading Laid Over Daily - No Amendments
- 2026-04-09 House Second Reading Special Order - Passed - No Amendments
- 2026-04-08 House Second Reading Special Order - Laid Over Daily - No Amendments
- 2026-04-06 House Committee on Appropriations Refer Unamended to House Committee of the Whole
committee-passage, referral-committee - 2026-04-02 Introduced In House - Assigned to Appropriations
introduction
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/194ed685-b1cb-4aa1-a088-f13bda3d8644. Confidence: reported (aggregated from official Colorado legislature records).