Senate Committee of Reference Report
Committee on Local Government & Housing
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This is text that is removed from law. -
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April 23, 2026
After consideration on the merits, the Committee recommends the following:
HB26-1313 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 3, after line 1 insert:
Page 1, Line 2"SECTION 1. In Colorado Revised Statutes, 29-32-102, add (5)
Page 1, Line 3as follows:
Page 1, Line 429-32-102. State affordable housing fund.
Page 1, Line 5(5) (a) During the 2026-27 state fiscal year, the treasurer
Page 1, Line 6shall transfer the first eighty million dollars that the
Page 1, Line 7treasurer deposits into the fund pursuant to subsection (4)(c) of
Page 1, Line 8this section during the 2026-27 state fiscal year to the financing
Page 1, Line 9fund.
Page 1, Line 10(b) During the 2027-28 state fiscal year, the treasurer
Page 1, Line 11shall transfer the first forty million dollars that the
Page 1, Line 12treasurer deposits into the fund pursuant to subsection (4)(c) of
Page 1, Line 13this section during the 2027-28 state fiscal year to the financing
Page 1, Line 14fund.
Page 1, Line 15(c) Notwithstanding section 29-32-103 (3):
Page 1, Line 16(I) On July 1, 2027, or as soon as practicable thereafter,
Page 1, Line 17the treasurer shall transfer forty percent of the total of the
Page 1, Line 18balance of the fund plus the amount already transferred
Page 1, Line 19pursuant to subsection (5)(a) of this section to the support fund
Page 1, Line 20and transfer the remaining balance of the fund to the financing
Page 1, Line 21fund; and
Page 1, Line 22(II) On July 1, 2028, or as soon as practicable thereafter,
Page 1, Line 23the treasurer shall transfer forty percent of the total of the
Page 1, Line 24balance of the fund plus the amount already transferred
Page 1, Line 25pursuant to subsection (5)(b) of this section to the support fund
Page 1, Line 26and transfer the remaining balance of the fund to the financing
Page 1, Line 27fund.".
Page 2, Line 1Renumber succeeding sections accordingly.
Page 2, Line 2Page 9, line 15, strike "deed restricted" and substitute "deed restricted".
Page 2, Line 3Page 9, line 16, after "housing" insert "with a formal affordability
Page 2, Line 4restriction".
Page 2, Line 5Page 9, line 17, strike "has affordability restrictions that extend"
Page 2, Line 6and substitute "that has an affordability mechanism that
Page 2, Line 7extends".
Page 2, Line 8Page 11, line 7, after "team;" add "and".
Page 2, Line 9Page 11, line 8, after "(c)" insert "(I)".
Page 2, Line 10Page 11, strike line 12.
Page 2, Line 11Page 11, line 13, strike "(d) (I)" and substitute "(II)".
Page 2, Line 12Page 11, line 19, strike "(II)" and substitute "(III)".