Colorado HB1407 transfers unspent state funds to the general fund and extends deadlines for spending certain funds.

Colorado HB1407 involves the transfer of unspent state funds to the general fund by June 30, 2026. It mandates the state treasurer to transfer $27,905,384 from the ARPA refinance state money cash fund, $4,085,246.49 from the revenue loss restoration cash fund, $1,974,702.20 from the economic recovery and relief cash fund, $1,005,850.24 from the behavioral and mental health cash fund, and $750,190.06 from the state highway fund.

Colorado HB1407 transfers unspent state funds to the general fund and extends deadlines for spending certain funds.

Colorado HB1407 involves the transfer of unspent state funds to the general fund by June 30, 2026. It mandates the state treasurer to transfer $27,905,384 from the ARPA refinance state money cash fund, $4,085,246.49 from the revenue loss restoration cash fund, $1,974,702.20 from the economic recovery and relief cash fund, $1,005,850.24 from the behavioral and mental health cash fund, and $750,190.06 from the state highway fund.