Colorado · 2026 Regular Session · Bill
HB 1403: Information Technology Depreciation Lease Payments
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1403 is a bill introduced in the Colorado House on April 2, 2026. According to its official title, it concerns: Information Technology Depreciation Lease Payments. Primary sponsor: Judy Amabile (Democratic), Rick Taggart (Republican), Barbara Kirkmeyer (Republican), Jeff Bridges (Democratic), Emily Sirota (Democratic), Kyle Brown (Democratic). It lists 1 additional sponsor. 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.
Current law requires an amount equivalent to the recorded depreciation or amortization of an information technology asset acquired, repaired, improved, replaced, renovated, or constructed with an appropriation from the information technology capital account in the capital construction fund based on the depreciation period (information technology annual depreciation-lease equivalent payment) to be credited and transferred to the information technology capital account within the capital construction fund. Current law also requires the state treasurer to transfer any unappropriated balances in the information technology capital account or any otherwise unexpended and unencumbered money remaining in the information technology capital account at the end of a fiscal year to the general fund. The act prohibits the state treasurer from transferring any money that was transferred, credited, or paid into the information technology capital account as an information technology annual depreciation-lease equivalent payment back to the general fund at the end of a fiscal year, for state fiscal years commencing on or after July 1, 2026.(Note: This summary applies to this bill as enacted.)
Sponsors
Sponsors by party (alphabetical): Democratic 4 · Republican 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Judy Amabile | Primary sponsor | Democratic | Senate | 18 |
| Rick Taggart | Primary sponsor | Republican | House | 55 |
| Barbara Kirkmeyer | Primary sponsor | Republican | Senate | 23 |
| Jeff Bridges | Primary sponsor | Democratic | Senate | 26 |
| Emily Sirota | Primary sponsor | Democratic | House | 9 |
| Kyle Brown | Primary sponsor | Democratic | House | 12 |
| Ron Weinberg | Co-sponsor | Republican | House | 51 |
“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