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Credit State Pub Sch Fund from Natural Resources

Concerning crediting to the state public school fund money received from the removal of natural resources on public school lands.

HB26-1359 2026 Regular Session Signed into Law Education & School Finance (Pre & K-12)

Cost estimates

At the first note read
$0
FACT April 2, 2026
At the last note read
$0
FACT June 30, 2026
What it actually cost
not published
No Colorado source reports spending for one bill

Every figure here is an estimate by Legislative Council Staff on the date shown, about the version of the bill in front of them that day. It is not a cost.

The appropriation

The note states no appropriation is required.

An appropriation is money the legislature sets aside. It is not money spent.

The appropriation field, read from the note: No appropriation is required. See State Expenditures Section.

Bill summary

     Under current law, with certain exceptions, royalties and other payments for the depletion or extraction of a natural resource on public school lands is credited to the state public school fund, which is also known as the permanent fund.

     The act requires that:

  • For the 2025-26 state fiscal year, $25 million of this money be credited to the state public school fund; and
  • For the 2026-27 state fiscal year, $45 million of this money be credited to the state public school fund.

FACT Bill summary by Colorado Legislative Council Staff, read 2026-09-23. Printed as published, word for word. Source: leg.colorado.gov (opens in a new tab)