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Works Better Corporation, a nonpartisan public benefit corporation, builds this site.

Independent public-records project, separate from the State of Colorado and from every party and campaign.

Every number carries one of four labels (FACT, CALC, SAMPLE or PENDING) and a source you can open.

Severance Tax Fund Expenditures

Concerning the expenditure of money from the severance tax trust fund, and, in connection therewith, allowing the state treasurer to transfer money from the severance tax perpetual base fund to the species conservation trust fund, establishing an annual transfer from the severance tax operational fund to the general fund, and reducing an appropriation.

HB26-1387 2026 Regular Session Signed into Law Fiscal Policy & Taxes Local Government

Cost estimates

At the first note read
$0
FACT April 2, 2026
At the last note read
$0
FACT August 24, 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 bill reduces an appropriation rather than asking for one.

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

The appropriation field, read from the note: For FY 2026-27, the bill includes a $3.0 million reduction in appropriations from the Severance Tax Operational Fund to the Species Conservation Trust Fund in the Department of Natural Resources.

Bill summary

     The act directs the state treasurer to annually transfer no more than $3 million from the severance tax perpetual base fund to the species conservation trust fund.

     The act also directs the state treasurer to, beginning on June 30, 2027, annually transfer from the severance tax operational fund to the general fund the lesser of $14.2 million or the difference between the amount of severance tax revenue projected to be deposited in the operational fund in the current fiscal year and the amount appropriated from the operational fund for certain programs in the same fiscal year.

     The cash funds appropriation from the severance tax operational fund for the 2026-27 state fiscal year to the department of natural resources for use by the executive director's office for the species conservation trust fund is decreased by $3,000,000.

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)