HB 1403: Information Technology Depreciation Lease Payments - Colorado

Rerevised → Final Act · 3 edits · May 26, 2026

MINOR

This bill amends a Colorado statute to prevent the state treasurer from transferring specific funds back to the general fund. It ensures that money originally designated as 'information technology annual depreciation-lease equivalent payments' remains in the IT capital account for future IT projects rather than being returned to the general budget.

Scope change

The bill narrows the scope of fund reversion rules by creating a specific exception for IT depreciation payments, which are now permanently excluded from the general fund transfer process.

FISCAL

Added a new subsection (3.7)(c) that explicitly prohibits the state treasurer from transferring IT depreciation-lease equivalent payments to the general fund.

TIMELINE

Extended the exception for keeping funds in the account to cover fiscal years commencing on or after July 1, 2026, ensuring these specific IT funds are protected from reversion.

REQUIREMENT

Clarified that funds transferred into the account as depreciation equivalents must be used strictly in accordance with the original IT funding laws.

Revised → Rerevised · 3 edits · Apr 16, 2026

MINOR

The bill was re-revised to include all amendments adopted in the Second House, updating the status to '3rd Reading Unamended' with a new date of April 16, 2026. The page numbering and formatting were adjusted, and a section regarding the safety clause was removed, indicating a shift in how the bill's necessity is presented or a formatting cleanup of the preamble.

Scope change

The bill's substantive scope regarding safety clauses was altered by removing the specific declaration of necessity, while the procedural status was updated to reflect the latest legislative reading.

REQUIREMENT

Removed the text declaring the act necessary for public peace, health, safety, or state appropriations.

TIMELINE

Added a header indicating the bill is at the 3rd Reading Unamended stage in the Senate, dated April 16, 2026.

TECHNICAL

Updated the document title from 'REVISED' to 'REREVISED' and adjusted page numbering and spacing.

Reengrossed → Revised · 4 edits · Apr 15, 2026

MODERATE

The bill's header was updated to reflect that it has been revised after second reading in the Senate, rather than being reengrossed after House introduction. Several dates associated with reading stages were adjusted, and the document was renumbered to LLS No. 26-0745.01. These changes track the bill's legislative progress and do not alter the substantive policy regarding IT depreciation payments.

TIMELINE

The bill's status header changed from 'Reengrossed' to 'Revised' to indicate it has passed second reading in the Senate.

The date associated with the Senate's 2nd Reading was updated to April 15, 2026.

The date associated with the House's 2nd Reading was updated to April 9, 2026.

TECHNICAL

The bill number was updated to LLS No. 26-0745.01 to reflect its new legislative status.

Engrossed → Reengrossed · 3 edits · Apr 11, 2026

MINOR

The bill was reengrossed to include all amendments adopted during the House of Introduction, updating the bill's status and sponsor list. The summary note was modified to clarify that the current text reflects these new amendments rather than the original introduction. Additionally, a specific date (April 11, 2026) and the House chamber were added to the summary notice, indicating when the updated summary will be available.

Scope change

The bill's substantive scope and applicability remain unchanged; the modifications are procedural updates reflecting the legislative process.

TECHNICAL

Changed the bill status from 'Engrossed' to 'Reengrossed' to reflect the inclusion of all amendments adopted in the House of Introduction.

Added Weinberg to the list of House sponsors.

Updated the bill summary note to clarify it applies to the reengrossed version and includes the date April 11, 2026, and the House chamber.

Introduced → Engrossed · 3 edits · Apr 9, 2026

MINOR

The bill text was updated from an 'Introduced' version to an 'Engrossed' version, indicating it has passed the House and includes all amendments. The primary changes are technical formatting updates, such as adding a timestamp and amendment status notes, and correcting the bill number on the page headers from 'HB26-1403' to '1403'.

TECHNICAL

The document header was updated to reflect the bill is now 'Engrossed' rather than 'Introduced', signifying it has passed the House of Representatives.

A timestamp ('April 9, 2026') and a note regarding '2nd Reading Unamended' were inserted into the header section.

The bill number on the page footers was corrected from 'HB26-1403' to '1403' to match the official bill designation.

Information Technology Depreciation Lease Payments

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