# Colorado HB26-1387: Severance Tax Fund Expenditures

Colorado HB26-1387, Severance Tax Fund Expenditures, is a 2026 Regular Session House bill sponsored by Barbara Kirkmeyer (Republican), Jeff Bridges (Democratic), Kyle Brown (Democratic) and 1 others; status signed, last action 2026-05-29 (Governor Signed) (as of 2026-10-16).

- Canonical: https://policyrisk.com/state-bill/CO-HB26-1387-2026A
- As of: 2026-10-16
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Colorado HB26-1387
- State: Colorado
- Session: 2026 Regular Session
- Title: Severance Tax Fund Expenditures
- Status: signed
- Chamber: House
- Introduced: 2026-04-02
- Last action: 2026-05-29, Governor Signed
- Sponsors: Barbara Kirkmeyer (Republican), Jeff Bridges (Democratic), Kyle Brown (Democratic), Rick Taggart (Republican)
- Cosponsors: 0
- Subjects: Fiscal Policy & Taxes, Local Government
- Touches household money: no
- Roll calls: 4 (90 yes, 23 no in all)
- Economic provisions PRIA read: 3

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Colorado cuts conservation funding for 2026–27: cost, low. For fiscal year 2026–27, the law cuts the Operational Fund appropriation for the Species Conservation Trust Fund by $3 million. An appropriation below $3 million falls to zero; no appropriation means no cut. This adjustment applies only if the 2026–27 annual general appropriation act becomes law. I…
- Colorado redirects tax money for conservation: mixed, low. Effective upon passage, the law creates Colorado’s Species Conservation Trust Fund, supported by both severance tax funds and program appropriations. The Colorado Water Conservation Board can direct transfers from the Severance Tax Perpetual Base Fund, capped at $3 million annually. Unused money st…
- Colorado shifts money into its general budget: mixed, low. Beginning April 2027, Colorado’s natural resources director calculates and reports an amount each year. The calculation uses the March revenue forecast used to budget for the next fiscal year. It subtracts current-year funding for specified programs from projected severance tax receipts going into…

## Sponsors and cosponsors

- Sponsor: Barbara Kirkmeyer (Republican), Senate
- Sponsor: Jeff Bridges (Democratic), Senate
- Sponsor: Kyle Brown (Democratic), House
- Sponsor: Rick Taggart (Republican), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-04-16 | Senate | Third reading: Bill | pass | 30 | 5 |   |
| 2026-04-14 | Senate | Refer House Bill 26-1387 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. | pass | 7 | 0 |   |
| 2026-04-11 | House | Third reading: Bill | pass | 43 | 18 |   |
| 2026-04-07 | House | Refer House Bill 26-1387, as amended, to the Committee of the Whole. | pass | 10 | 0 |   |

## Actions (14)

- 2026-05-29: Governor Signed (House)
- 2026-05-28: Signed by the Speaker of the House (House)
- 2026-05-28: Signed by the President of the Senate (Senate)
- 2026-05-28: Sent to the Governor (House)
- 2026-04-16: Senate Third Reading Passed - No Amendments (Senate)
- 2026-04-15: Senate Second Reading Special Order - Passed - No Amendments (Senate)
- 2026-04-14: Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole (Senate)
- 2026-04-13: Introduced In Senate - Assigned to Appropriations (Senate)
- 2026-04-11: House Third Reading Passed - No Amendments (House)
- 2026-04-10: House Third Reading Laid Over Daily - No Amendments (House)
- 2026-04-09: House Second Reading Special Order - Passed with Amendments - Committee (House)
- 2026-04-08: House Second Reading Special Order - Laid Over Daily - No Amendments (House)
- 2026-04-07: House Committee on Appropriations Refer Amended to House Committee of the Whole (House)
- 2026-04-02: Introduced In House - Assigned to Appropriations (House)

## Bill text

- Engrossed: [PDF](https://leg.colorado.gov/bill_files/114312/download)
- Final Act: [PDF](https://leg.colorado.gov/bill_files/116694/download)
- House Appropriations Preamend: [PDF](https://leg.colorado.gov/bill_files/114245/download)
- Introduced: [PDF](https://leg.colorado.gov/bill_files/114034/download)
- Reengrossed: [PDF](https://leg.colorado.gov/bill_files/114424/download)
- Rerevised: [PDF](https://leg.colorado.gov/bill_files/114744/download)
- Revised: [PDF](https://leg.colorado.gov/bill_files/114635/download)
- Signed Act: [PDF](https://leg.colorado.gov/bill_files/116885/download)

## Related bills

- HB26-1298: Background Checks for Child Welfare Placements (signed)
- HB26-1250: Procedures Related to Civil Asset Forfeiture (signed)
- HB26-1414: Medical Record Requests (signed)
- HB26-1430: Transportation Funding Adjustments (signed)
- SB26-155: Increase Access Homeowner's Insurance Enterprise (signed)
- HB26-1429: County Administration Public Assistance Programs (signed)

## Sources
- [Engrossed (PDF)](https://leg.colorado.gov/bill_files/114312/download)
- [Final Act (PDF)](https://leg.colorado.gov/bill_files/116694/download)
- [House Appropriations Preamend (PDF)](https://leg.colorado.gov/bill_files/114245/download)
- [Introduced (PDF)](https://leg.colorado.gov/bill_files/114034/download)
- [Reengrossed (PDF)](https://leg.colorado.gov/bill_files/114424/download)
- [Rerevised (PDF)](https://leg.colorado.gov/bill_files/114744/download)
- [Revised (PDF)](https://leg.colorado.gov/bill_files/114635/download)
- [Signed Act (PDF)](https://leg.colorado.gov/bill_files/116885/download)

## Related
- [HB26-1298: Background Checks for Child Welfare Placements](https://policyrisk.com/state-bill/CO-HB26-1298-2026A)
- [HB26-1250: Procedures Related to Civil Asset Forfeiture](https://policyrisk.com/state-bill/CO-HB26-1250-2026A)
- [HB26-1414: Medical Record Requests](https://policyrisk.com/state-bill/CO-HB26-1414-2026A)
- [HB26-1430: Transportation Funding Adjustments](https://policyrisk.com/state-bill/CO-HB26-1430-2026A)
- [SB26-155: Increase Access Homeowner's Insurance Enterprise](https://policyrisk.com/state-bill/CO-SB26-155-2026A)
- [HB26-1429: County Administration Public Assistance Programs](https://policyrisk.com/state-bill/CO-HB26-1429-2026A)
- [Colorado bills](https://policyrisk.com/states/colorado/bills)
- [Colorado state hub](https://policyrisk.com/states/colorado)
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Source: PRIA, https://policyrisk.com/state-bill/CO-HB26-1387-2026A (as of 2026-10-16).