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Disaster Emergency Fund Changes

Concerning modifications to the disaster emergency fund.

HB26-1396 2026 Regular Session Signed into Law Fiscal Policy & Taxes State Government State Revenue & Budget

Cost estimates

At the first note read
$0
FACT April 2, 2026
At the last note read
$0
FACT August 12, 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.

Bill summary

     The act makes the following changes to the disaster emergency fund:

  • Requires the office of state planning and budgeting (office) to include in its quarterly reports to the joint budget committee an identification of disasters that have been closed out and the amount of unencumbered money that the office has transferred back to its original source;
  • Institutes a timeline for closing out a disaster based on the type of disaster, 3 years for a federally declared disaster or 8 years for a state-only disaster; and
  • Limits the annual maximum unencumbered balance of the disaster emergency fund to $200,000,000 and directs the office to transfer money in excess of that amount to the general fund after August 12, 2026, and on June 30 each year thereafter.

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)