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.

Text that is added to a bill will be indicated by either all capitals or bold & italic as follows:

  • This all capitals text would be added to law.
  • This is bold & italic text that would be added to law.

March 12, 2026

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

SB26-135     be amended as follows, and as so amended, be referred to the Committee on Appropriations with favorable recommendation:

Page 1, Line 1Amend printed bill page 4, line 12, strike "Pailaich" and substitute

Page 1, Line 2"Palaich".

Page 1, Line 3Page 6, line 2, strike "the voter's" and substitute "voter".

Page 1, Line 4Page 6, line 4, strike "year." and substitute "year minus an amount

Page 1, Line 5equal to the total dollar amounts of warrants issued by the

Page 1, Line 6state treasurer pursuant to section 39-3-207 (4) in the same

Page 1, Line 7fiscal year.".

Page 1, Line 8Page 6, line 25, strike "The department shall" and substitute "The

Page 1, Line 9positive factor must be distributed to local education

Page 1, Line 10providers, as defined pursuant to section 22-54-202, in the same

Page 1, Line 11form and manner as the payments for total program are

Page 1, Line 12distributed to all public schools under Colorado law.".

Page 1, Line 13Page 6, strike lines 26 and 27.

Page 1, Line 14Page 7, strike line 1.

Page 1, Line 15Page 8, line 13, strike "section," and substitute "section minus an

Page 1, Line 16amount equal to the total dollar amounts of warrants issued

Page 1, Line 17by the state treasurer pursuant to section 39-3-207 (4) in the

Page 1, Line 18same fiscal year,".

Page 1, Line 19Page 9, line 17, strike "year." and substitute "year minus an amount

Page 1, Line 20equal to the total dollar amounts of warrants issued by the

Page 1, Line 21state treasurer pursuant to section 39-3-207 (4) in the same

Page 2, Line 1fiscal year.".

Page 2, Line 2Page 10, line 22, strike "(a)".

Page 2, Line 3Page 10, strike lines 25 and 26 and substitute "shall report on excess

Page 2, Line 4state revenues including the following information:".

Page 2, Line 5Page 10, line 27, strike "(I)" and substitute "(a)".

Page 2, Line 6Page 11, line 3, strike "(II)" and substitute "(b)" and after "how the"

Page 2, Line 7insert "state expended from the account the".

Page 2, Line 8Page 11, line 5, strike "part 3 were expended." and substitute "part 3.".

Page 2, Line 9Page 11, line 6, strike "(b)" and substitute "(2)" and strike "report" and

Page 2, Line 10substitute "reporting".

Page 2, Line 11Page 11, line 7, strike "by October 15" and substitute "at the same

Page 2, Line 12time that the state auditor completes the report required

Page 2, Line 13pursuant to section 2-3-103 (2)".

Page 2, Line 14Page 11, line 8, strike "that" and substitute "in which".

Page 2, Line 15Page 11, strike lines 11 through 13.