Senate Committee of Reference Report

Committee on Finance

All text that will be removed from the bill will be indicated by strikethrough as follows:

This is text that is removed from law.

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May 7, 2026

After consideration on the merits, the Committee recommends the following:

HB26-1306   be amended as follows, and as so amended, be referred to the Committee on Appropriations with favorable recommendation:

Page 1, Line 1Amend reengrossed bill, page 2, strike lines 16 through 24 and substitute:

Page 1, Line 2"SECTION 2.  In Colorado Revised Statutes, 35-66-104, amend

Page 1, Line 3(2)(a); and add (6) as follows:

Page 1, Line 435-66-104.  Wild horse fund - legislative declaration.

Page 1, Line 5(2) (a) (I)  State money in the fund is continuously appropriated to

Page 1, Line 6the department for use by the wild horse project to implement and

Page 1, Line 7administer this article 66.

Page 1, Line 8(II) (A)  Notwithstanding subsection (2)(a)(I) of this

Page 1, Line 9section, the state money in the fund is subject to the transfers

Page 1, Line 10described in section 42-3-272 (4)(b)(II).

Page 1, Line 11(B)  This subsection (2)(a)(II) is repealed, effective July 1,

Page 1, Line 122028.

Page 1, Line 13(6) (a)  The wild horse license plate account is created in

Page 1, Line 14the wild horse fund. The state treasurer shall credit donations

Page 1, Line 15made under section 42-3-272 (3)(a) to the account.

Page 1, Line 16(b)   The money in the wild horse license plate account

Page 1, Line 17may be used by the wild horse project to implement and

Page 1, Line 18administer this article 66 in accordance with this section, but

Page 1, Line 19the state treasure shall not transfer the money in the account

Page 1, Line 20to the Colorado DRIVES vehicle services account, created in

Page 1, Line 21section 42-1-211, the highway users tax fund, created in section

Page 1, Line 2243-4-201, or the license plate cash fund, created in section

Page 1, Line 2342-3-301, as described in section 42-3-272 (4)(b)(II).

Page 1, Line 24(c)  The state treasurer shall credit all interest and

Page 1, Line 25income derived from the deposit and investment of money in the

Page 1, Line 26wild horse license plate account to the fund.

Page 1, Line 27(d)  This subsection (6) is repealed, effective July 1, 2028.".