Senate Committee of Reference Report

Committee on Appropriations

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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  • This all capitals text would be added to law.
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May 11, 2026

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

HB26-1289   be amended as follows, and as so amended, be referred to the Committee of the Whole with favorable recommendation:

Page 1, Line 1Amend reengrossed bill, page 10, after line 3 insert:

Page 1, Line 2"SECTION 2.  In Colorado Revised Statutes, 24-75-219, amend

Page 1, Line 3(7)(d)(II) and (7)(d)(III) as follows:

Page 1, Line 424-75-219.  Transfers - transportation - capital construction -

Page 1, Line 5definitions.

Page 1, Line 6(7)  In addition to any other transfers required by this section:

Page 1, Line 7(d) (II)  On July 1, 2026, the state treasurer shall transfer fifty

Page 1, Line 8million five hundred thousand forty-five million six hundred

Page 1, Line 9thousand dollars from the general fund to the state highway fund;

Page 1, Line 10(III)  On each July 1 from July 1, 2027, through July 1, 2031, the

Page 1, Line 11state treasurer shall transfer one hundred million ninety-six million

Page 1, Line 12four hundred thousand dollars from the general fund to the state

Page 1, Line 13highway fund; and".

Page 1, Line 14Renumber succeeding sections accordingly.

Page 1, Line 15Amend reengrossed bill, page 43, line 26, after "(40)" insert "and (41)".

Page 1, Line 16Page 44, after line 10 insert:

Page 1, Line 17"(41)  Notwithstanding any other provision of this section,

Page 1, Line 18the executive director may provide to the Colorado energy

Page 1, Line 19office such detailed taxpayer information pertinent to a claim

Page 1, Line 20for an income tax credit for the installation of a heat pump

Page 1, Line 21pursuant to section 39-22-554. Any information provided

Page 1, Line 22pursuant to this subsection (41) must remain confidential, and

Page 1, Line 23all persons who receive this information are subject to the

Page 2, Line 1limitations specified in subsection (4) of this section and the

Page 2, Line 2penalties specified in subsection (6) of this section.".

Page 2, Line 3Strike "2026," and substitute "2027," on: Page 27, line 27; Page 28, lines

Page 2, Line 410, 12, and 22; and Page 29, line 1.

Page 2, Line 5Page 74, line 19, strike "$48,482" and substitute "$38,432".

Page 2, Line 6Page 74, line 22, strike "$20,024" and substitute "$15,140".

Page 2, Line 7Page 74, line 23, strike "$15,338" and substitute "$13,616".

Page 2, Line 8Page 74, line 25, strike "$13,120" and substitute "$9,676".