Colorado · 2026 Regular Session · Bill
HB 1387: Severance Tax Fund Expenditures
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1387 is a bill introduced in the Colorado House on April 2, 2026. According to its official title, it concerns: Severance Tax Fund Expenditures. Primary sponsor: Judy Amabile (Democratic), Emily Sirota (Democratic), Barbara Kirkmeyer (Republican), Jeff Bridges (Democratic), Rick Taggart (Republican), Kyle Brown (Democratic). Most recent recorded action (May 29, 2026): Governor Signed.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
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.(Note: This summary applies to this bill as enacted.)
Sponsors
Sponsors by party (alphabetical): Democratic 4 · Republican 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Judy Amabile | Primary sponsor | Democratic | Senate | 18 |
| Emily Sirota | Primary sponsor | Democratic | House | 9 |
| Barbara Kirkmeyer | Primary sponsor | Republican | Senate | 23 |
| Jeff Bridges | Primary sponsor | Democratic | Senate | 26 |
| Rick Taggart | Primary sponsor | Republican | House | 55 |
| Kyle Brown | Primary sponsor | Democratic | House | 12 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Governor Signed
- Signed by the Speaker of the House
- Signed by the President of the Senate
- Sent to the Governor
- Senate Third Reading Passed - No Amendments
- Senate Second Reading Special Order - Passed - No Amendments
- Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
- Introduced In Senate - Assigned to Appropriations
- House Third Reading Passed - No Amendments
- House Third Reading Laid Over Daily - No Amendments
- House Second Reading Special Order - Passed with Amendments - Committee
- House Second Reading Special Order - Laid Over Daily - No Amendments
Showing 12 most recent of 14 actions. Full history