Fabio
85 lines
5.6 KiB
Markdown
85 lines
5.6 KiB
Markdown
---
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type: "Bill"
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title: "Severance Tax Fund Expenditures"
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description: "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.)"
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jurisdiction: "us/states/co"
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legislature: "Colorado General Assembly"
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session: "2026A"
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identifier: "HB 1387"
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citation: "Colorado HB 1387 (2026A)"
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classification: ["bill"]
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subjects: ["Fiscal Policy & Taxes", "Local Government"]
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status: "enacted"
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primary_sponsors: ["B. Kirkmeyer", "E. Sirota", "J. Amabile", "J. Bridges", "K. Brown", "R. Taggart"]
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version_count: 7
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action_count: 14
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vote_count: 4
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first_action: "2026-04-02"
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last_action: "2026-05-29"
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source: "openstates"
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source_identifier: "ocd-bill/aa31edfc-5027-449f-87b6-751e7bb236ac"
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source_url: "https://leg.colorado.gov/bills/HB26-1387"
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source_hash: "ecfdb7dab5c086564e2f1c33b95341d919fb3347b4679ad70010f2956755a376"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-co"]
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---
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# Colorado HB 1387 (2026A) — Severance Tax Fund Expenditures
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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.)
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](https://leg.colorado.gov/bill_files/114034/download)
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2. **Engrossed** (committee substitute) — [source](https://leg.colorado.gov/bill_files/114312/download)
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3. **Final Act** (committee substitute) — [source](https://leg.colorado.gov/bill_files/116694/download)
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4. **Reengrossed** (committee substitute) — [source](https://leg.colorado.gov/bill_files/114424/download)
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5. **Rerevised** (committee substitute) — [source](https://leg.colorado.gov/bill_files/114744/download)
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6. **Revised** (committee substitute) — [source](https://leg.colorado.gov/bill_files/114635/download)
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7. **Signed Act** (committee substitute) — [source](https://leg.colorado.gov/bill_files/116885/download)
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## Votes
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- Refer House Bill 26-1387 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. — **pass** (pass) · upper
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- BILL — **pass** (pass) · lower
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- Refer House Bill 26-1387, as amended, to the Committee of the Whole. — **pass** (pass) · lower
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- Adopt amendment J.001 — **pass** (pass) · lower
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## Sponsors
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- B. Kirkmeyer — primary (person)
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- E. Sirota — primary (person)
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- J. Amabile — primary (person)
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- J. Bridges — primary (person)
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- K. Brown — primary (person)
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- R. Taggart — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2026-05-29** Governor Signed `executive-signature`
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- **2026-05-28** Sent to the Governor `executive-receipt`
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- **2026-05-28** Signed by the President of the Senate `passage`
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- **2026-05-28** Signed by the Speaker of the House `passage`
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- **2026-04-16** Senate Third Reading Passed - No Amendments `passage, reading-3`
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- **2026-04-15** Senate Second Reading Special Order - Passed - No Amendments
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- **2026-04-14** Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole `committee-passage`
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- **2026-04-13** Introduced In Senate - Assigned to Appropriations `introduction`
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- **2026-04-11** House Third Reading Passed - No Amendments `passage, reading-3`
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- **2026-04-10** House Third Reading Laid Over Daily - No Amendments
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- **2026-04-09** House Second Reading Special Order - Passed with Amendments - Committee
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- **2026-04-08** House Second Reading Special Order - Laid Over Daily - No Amendments
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- **2026-04-07** House Committee on Appropriations Refer Amended to House Committee of the Whole `committee-passage, referral-committee`
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- **2026-04-02** Introduced In House - Assigned to Appropriations `introduction`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/aa31edfc-5027-449f-87b6-751e7bb236ac`. Confidence: reported (aggregated from official Colorado legislature records).
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