# Colorado SB26-118: Legacy Giving to Charitable Organizations Colorado SB26-118, Legacy Giving to Charitable Organizations, is a 2026 Regular Session Senate bill sponsored by Chad Clifford (Democratic), Cleave Simpson (Republican), James Coleman (Democratic); status signed, last action 2026-03-16 (Senate Third Reading Passed with Amendments - Committee) (as of 2026-10-19). - Canonical: https://policyrisk.com/state-bill/CO-SB26-118-2026A - As of: 2026-10-19 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Colorado SB26-118 - State: Colorado - Session: 2026 Regular Session - Title: Legacy Giving to Charitable Organizations - Status: signed - Chamber: Senate - Introduced: 2026-02-19 - Last action: 2026-03-16, Senate Third Reading Passed with Amendments - Committee - Sponsors: Chad Clifford (Democratic), Cleave Simpson (Republican), James Coleman (Democratic) - Cosponsors: 17 - Subjects: Financial Services & Commerce, Probate, Trusts, & Fiduciaries - Touches household money: no - Roll calls: 4 (104 yes, 11 no in all) - Economic provisions PRIA read: 2 ## Summary No summary available. ## Bill overview: provisions PRIA read - Charities must preserve money for estate claims: mixed, low. Charitable death gifts remain available for qualifying creditor claims, required estate allowances, and a surviving spouse's legal share. After written notice from the estate's representative, a charity must hold the needed funds in trust while a potential claim is decided. A charity liable for a c… - Faster death benefit payments to charities: mixed, low. Colorado's law covers death gifts to charities from life insurance, annuities, pay-on-death accounts and securities, and retirement or employment plans. Covered financial firms must usually pay within 60 calendar days after receiving the charity's required sworn statement. Court orders and federal… ## Sponsors and cosponsors - Sponsor: Chad Clifford (Democratic), House - Sponsor: Cleave Simpson (Republican), Senate - Sponsor: James Coleman (Democratic), Senate - Cosponsor: Andrew Boesenecker (Democratic), House - Cosponsor: Jennifer Bacon (Democratic), House - Cosponsor: Kenny Nguyen (Democratic), House - Cosponsor: Meg Froelich (Democratic), House - Cosponsor: Mandy Lindsay (Democratic), House - Cosponsor: Manny Rutinel (Democratic), House - Cosponsor: Sean Camacho (Democratic), House - Cosponsor: Cathy Kipp (Democratic), Senate - Cosponsor: Chris Kolker (Democratic), Senate - Cosponsor: Iman Jodeh (Democratic), Senate - Cosponsor: Julie Gonzales (Democratic), Senate - Cosponsor: Janice Marchman (Democratic), Senate - Cosponsor: Lisa Cutter (Democratic), Senate - Cosponsor: Lindsey Daugherty (Democratic), Senate - Cosponsor: Lisa Frizell (Republican), Senate - Cosponsor: Matt Ball (Democratic), Senate - Cosponsor: Marc Snyder (Democratic), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-03-27 | House | Third reading: Bill | pass | 54 | 8 | | | 2026-03-23 | House | Refer Senate Bill 26-118 to the Committee of the Whole. | pass | 9 | 1 | | | 2026-03-16 | Senate | Third reading: Bill | pass | 32 | 2 | | | 2026-03-10 | Senate | Refer Senate Bill 26-118, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. | pass | 9 | 0 | | ## Actions (14) - 2026-04-17: Governor Signed (House) - 2026-04-08: Sent to the Governor (House) - 2026-04-07: Signed by the President of the Senate (Senate) - 2026-04-07: Signed by the Speaker of the House (House) - 2026-03-27: House Third Reading Passed - No Amendments (House) - 2026-03-26: House Second Reading Special Order - Passed - No Amendments (House) - 2026-03-25: House Second Reading Special Order - Laid Over Daily - No Amendments (House) - 2026-03-23: House Committee on Finance Refer Unamended to House Committee of the Whole (House) - 2026-03-16: Senate Third Reading Passed - No Amendments (Senate) - 2026-03-16: Introduced In House - Assigned to Finance (House) - 2026-03-16: Senate Third Reading Passed with Amendments - Committee (Senate) - 2026-03-13: Senate Second Reading Passed with Amendments - Committee (Senate) - 2026-03-10: Senate Committee on Finance Refer Amended - Consent Calendar to Senate Committee of the Whole (Senate) - 2026-02-19: Introduced In Senate - Assigned to Finance (Senate) ## Bill text - Engrossed: [PDF](https://leg.colorado.gov/bill_files/113263/download) - Final Act: [PDF](https://leg.colorado.gov/bill_files/113883/download) - Introduced: [PDF](https://leg.colorado.gov/bill_files/112259/download) - Reengrossed: [PDF](https://leg.colorado.gov/bill_files/113333/download) - Rerevised: [PDF](https://leg.colorado.gov/bill_files/113794/download) - Revised: [PDF](https://leg.colorado.gov/bill_files/113748/download) - Senate Finance Preamend: [PDF](https://leg.colorado.gov/bill_files/113153/download) - Signed Act: [PDF](https://leg.colorado.gov/bill_files/114866/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/113263/download) - [Final Act (PDF)](https://leg.colorado.gov/bill_files/113883/download) - [Introduced (PDF)](https://leg.colorado.gov/bill_files/112259/download) - [Reengrossed (PDF)](https://leg.colorado.gov/bill_files/113333/download) - [Rerevised (PDF)](https://leg.colorado.gov/bill_files/113794/download) - [Revised (PDF)](https://leg.colorado.gov/bill_files/113748/download) - [Senate Finance Preamend (PDF)](https://leg.colorado.gov/bill_files/113153/download) - [Signed Act (PDF)](https://leg.colorado.gov/bill_files/114866/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) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/CO-SB26-118-2026A (as of 2026-10-19).