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Marijuana Tax Cash Fund Distributions

Concerning the distribution of money collected from the retail marijuana sales tax.

HB26-1409 2026 Regular Session Signed into Law Fiscal Policy & Taxes Liquor, Tobacco, & Marijuana Local Government State Government State Revenue & Budget

Cost estimates

At the first note read
$0
FACT April 2, 2026
At the last note read
$0
FACT September 8, 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

     Current law requires 3.5% of the gross retail marijuana sales tax revenue to be distributed to local governments. The act eliminates the distribution to local governments and allocates the gross retail marijuana sales tax revenue as follows, on and after July 1, 2026:

  • 73.17% to the marijuana tax cash fund (fund);
  • 11.33% to the state public school fund;
  • 1.5% to the marijuana cash fund; and
  • 14% to the general fund.

     The act also directs the state treasurer to transfer from the fund to the state public school fund on June 30, 2027, and on each June 30 thereafter, an amount equal to the difference between the balance of the fund and:

  • 15% of the amount that the general assembly appropriated from the fund in that fiscal year; and
  • Any amount of the fund designated to be part of the emergency reserve for that fiscal year.

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)