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HB 1416·CO·house

Transfers to General Fund & Colorado Economic Development Fund

Signed into LawFiled Apr 13, 2026
Sponsor: Kyle Brown (D)
Latest Action

Governor Signed

Jun 3, 2026

Summary

The bill directs the state treasurer to move $900,000 from the universal high school scholarship cash fund to the Colorado Economic Development Fund and $2.6 million to the General Fund on June 30 2026. The reallocation is meant to give the Economic Development Commission flexible money to help small businesses cope with current economic uncertainty while returning excess funds to the state budget. It does not change scholarship eligibility or create new programs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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