Colorado · 2026 Regular Session · Bill
HB 1400: Adjust Public Employees' Retirement Association's Allocations to Trust Funds
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1400 is a bill introduced in the Colorado House on April 2, 2026. According to its official title, it concerns: Adjust Public Employees' Retirement Association's Allocations to Trust Funds. Primary sponsor: Judy Amabile (Democratic), Kyle Brown (Democratic), Barbara Kirkmeyer (Republican), Jeff Bridges (Democratic), Rick Taggart (Republican), Emily Sirota (Democratic). It lists 2 additional sponsors. Most recent recorded action (June 1, 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.
Current law requires the state treasurer to issue a warrant in the amount of $225 million to the public employees' retirement association (PERA) on July 1 of each year as a direct distribution (direct distribution) and requires PERA to allocate the direct distribution to the trust funds of each division of PERA as it would an employer contribution, in a manner that is proportionate to the annual payroll of each division, except in certain circumstances. The act changes the allocation of the direct distribution by specifying that, beginning with the direct distribution occurring on July 1, 2026, and on July 1 of each year thereafter, PERA is required to allocate the direct distribution to the trust funds of each division of PERA on an actuarial basis to maximize PERA's blended total contribution amount in a manner that limits, to the extent possible, the triggering of automatic adjustment provisions, which are triggered when PERA's divisions fall below a targeted level of funding. Beginning July 1, 2026, the act prohibits PERA from allocating any portion of the direct distribution to the local government division or the Denver public schools division; except that, beginning July 1, 2030, the Denver public schools division is no longer excluded. The act also changes the amount of PERA employer contributions that are allocated to the health care trust fund from 1.02% of member salaries to 0.52% of member salaries.(Note: This summary applies to this bill as enacted.)
Sponsors
Sponsors by party (alphabetical): Democratic 6 · Republican 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Judy Amabile | Primary sponsor | Democratic | Senate | 18 |
| Kyle Brown | Primary sponsor | Democratic | House | 12 |
| Barbara Kirkmeyer | Primary sponsor | Republican | Senate | 23 |
| Jeff Bridges | Primary sponsor | Democratic | Senate | 26 |
| Rick Taggart | Primary sponsor | Republican | House | 55 |
| Emily Sirota | Primary sponsor | Democratic | House | 9 |
| Nick Hinrichsen | Co-sponsor | Democratic | Senate | 3 |
| Chris Kolker | Co-sponsor | Democratic | Senate | 16 |
“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 - No Amendments
- House Second Reading Special Order - Laid Over Daily - No Amendments
Showing 12 most recent of 14 actions. Full history