republic-os/legislation/us/states/co/2026a/hb-1400.md

---
type: "Bill"
title: "Adjust Public Employees' Retirement Association's Allocations to Trust Funds"
description: "Current law requires the state treasurer to issue a warrant in the amount of $225 million to the public employees' retirement association (PERA) on July 1 of each year as a direct distribution (direct distribution) and requires PERA to allocate the direct distribution to the trust funds of each division of PERA as it would an employer contribution, in a manner that is proportionate to the annual payroll of each division, except in certain circumstances. The act changes the allocation of the direct distribution by specifying that, beginning with the direct distribution occurring on July 1, 2026, and on July 1 of each year thereafter, PERA is required to allocate the direct distribution to the trust funds of each division of PERA on an actuarial basis to maximize PERA's blended total contribution amount in a manner that limits, to the extent possible, the triggering of automatic adjustment provisions, which are triggered when PERA's divisions fall below a targeted level of funding. Beginning July 1, 2026, the act prohibits PERA from allocating any portion of the direct distribution to the local government division or the Denver public schools division; except that, beginning July 1, 2030, the Denver public schools division is no longer excluded. The act also changes the amount of PERA employer contributions that are allocated to the health care trust fund from 1.02% of member salaries to 0.52% of member salaries.(Note: This summary applies to this bill as enacted.)"
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2026A"
identifier: "HB 1400"
citation: "Colorado HB 1400 (2026A)"
classification: ["bill"]
subjects: ["State Government", "State Revenue & Budget"]
status: "enacted"
primary_sponsors: ["B. Kirkmeyer", "E. Sirota", "J. Amabile", "J. Bridges", "K. Brown", "R. Taggart"]
version_count: 7
action_count: 14
vote_count: 3
first_action: "2026-04-02"
last_action: "2026-06-01"
source: "openstates"
source_identifier: "ocd-bill/c116fecb-0ee8-41d5-8cf6-3e5e77e06028"
source_url: "https://leg.colorado.gov/bills/HB26-1400"
source_hash: "f2b8660555e631132c5211592ec8e2dd1b76767f5ad39f5e994ee858aca27c56"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-co"]
---

# Colorado HB 1400 (2026A) — Adjust Public Employees' Retirement Association's Allocations to Trust Funds

Current law requires the state treasurer to issue a warrant in the amount of $225 million to the public employees' retirement association (PERA) on July 1 of each year as a direct distribution (direct distribution) and requires PERA to allocate the direct distribution to the trust funds of each division of PERA as it would an employer contribution, in a manner that is proportionate to the annual payroll of each division, except in certain circumstances. The act changes the allocation of the direct distribution by specifying that, beginning with the direct distribution occurring on July 1, 2026, and on July 1 of each year thereafter, PERA is required to allocate the direct distribution to the trust funds of each division of PERA on an actuarial basis to maximize PERA's blended total contribution amount in a manner that limits, to the extent possible, the triggering of automatic adjustment provisions, which are triggered when PERA's divisions fall below a targeted level of funding. Beginning July 1, 2026, the act prohibits PERA from allocating any portion of the direct distribution to the local government division or the Denver public schools division; except that, beginning July 1, 2030, the Denver public schools division is no longer excluded. The act also changes the amount of PERA employer contributions that are allocated to the health care trust fund from 1.02% of member salaries to 0.52% of member salaries.(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.

1. **Introduced** (filed) — [source](https://leg.colorado.gov/bill_files/114043/download)
2. **Engrossed** (committee substitute) — [source](https://leg.colorado.gov/bill_files/114349/download)
3. **Final Act** (committee substitute) — [source](https://leg.colorado.gov/bill_files/116782/download)
4. **Reengrossed** (committee substitute) — [source](https://leg.colorado.gov/bill_files/114437/download)
5. **Rerevised** (committee substitute) — [source](https://leg.colorado.gov/bill_files/114756/download)
6. **Revised** (committee substitute) — [source](https://leg.colorado.gov/bill_files/114625/download)
7. **Signed Act** (committee substitute) — [source](https://leg.colorado.gov/bill_files/117015/download)

## Votes

- BILL — **pass** (pass) · lower
- Refer House Bill 26-1400 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. — **pass** (pass) · upper
- Refer House Bill 26-1400 to the Committee of the Whole. — **pass** (pass) · lower

## 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)
- C. Kolker — cosponsor (person)
- N. Hinrichsen — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2026-06-01** Governor Signed `executive-signature`
- **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`
- **2026-04-16** Senate Third Reading Passed - No Amendments `passage, reading-3`
- **2026-04-15** Senate Second Reading Special Order - Passed - No Amendments
- **2026-04-14** Senate Committee on Appropriations Refer Unamended - 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 - No Amendments `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](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/c116fecb-0ee8-41d5-8cf6-3e5e77e06028`. Confidence: reported (aggregated from official Colorado legislature records).