The purpose of this JBC bill is toredirect interest and investment income from a wide range of special funds and accounts into the state's General Fund to help balance the 2025-26 budget and beyond.
Key Actions for State Fiscal Year 2025-26
Directs all interest and investment income earned during 2025-26 from 25 specific funds and accounts to be transferred to the General Fund.
These include funds related to worker's compensation, wildfire mitigation, energy programs, gaming, agriculture, severance taxes, water supply, and housing, among others.
Ongoing Action Beginning State Fiscal Year 2025-26 and Beyond
Starting 2025-26 and continuing every year after, directs all interest and investment income from 45 additional funds and accounts to the General Fund.
These include funds related to correctional treatment, clean air projects, sustainable rebuilding, film and media support, startup loans, information technology, emergency reserves, construction, energy innovation, and cannabis resource optimization.
One-Time Action for June 30, 2025
On June 30, 2025, specified amounts (estimates of 2024-25 investment earnings) will be transferred from all the affected funds into the General Fund.
Overall Meaning
The legislature is using investment income from dozens of cash funds to boost available money in the General Fund, easing pressure on the main state budget.
This move helps meet budget needs but reduces the investment earnings available to support the specific programs tied to those funds.
Summary
Joint Budget Committee. For state fiscal year 2025-26 only, the
bill directs the state treasurer to transfer all interest and income derived from the deposit and investment of money in the following funds and accounts to the general fund:
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The workers' compensation cash fund; •
The decommissioning fund;
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The AIR account within the highway users tax fund;
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The supplier database cash fund;
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The emergency medical services account;
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The plant health, pest control, and environmental protection fund;
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The Colorado DRIVES vehicle services account;
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The nursing home penalty cash fund;
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The advanced industries acceleration cash fund;
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The indirect costs excess recovery fund;
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The limited gaming fund;
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The energy fund;
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The small business recovery and resiliency fund;
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The energy outreach Colorado low-income energy assistance fund;
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The Colorado economic development fund;
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The Colorado firefighting air corps fund;
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The Colorado agricultural future loan program cash fund;
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The subsequent injury fund;
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The major medical insurance fund;
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The species conservation trust fund;
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The water supply reserve fund;
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The local government severance tax fund;
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The wildfire mitigation capacity development fund;
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The housing development grant fund;
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The natural resource damage recovery fund; and
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The supplemental state contribution fund.
For state fiscal year 2025-26 and each state fiscal year thereafter,
the bill directs the state treasurer to transfer all interest and income derived from the deposit and investment of money in the following funds and accounts to the general fund:
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The correctional treatment cash fund;
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The Colorado heritage communities fund;
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The multidisciplinary crime prevention and crisis intervention grant fund;
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The sustainable rebuilding program fund;
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The industrial and manufacturing operations clean air grant program cash fund;
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The geothermal energy grant fund;
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The clean air building investments fund;
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The community access to electric bicycles cash fund;
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The Colorado office of film, television, and media operational account cash fund;
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The Colorado startup loan program fund;
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The innovative housing incentive program fund; •
The information technology capital account;
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The state emergency reserve cash fund;
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The just transition cash fund;
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The capital construction fund;
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The legislative department cash fund;
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The state agency sustainability revolving fund;
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The law enforcement workforce recruitment, retention, and tuition grant fund;
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The jail standard advisory committee cash fund;
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The innovative energy fund;
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The cannabis resource optimization cash fund;
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The streamlined solar permitting and inspection cash fund;
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The procurement technical assistance cash fund;
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The community revitalization fund;
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The transit-oriented communities infrastructure fund; and
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The accessory dwelling unit fee reduction and encouragement grant program fund.
On June 30, 2025, the bill transfers specified amounts, which are
the estimated amounts of interest and income derived from the deposit and investment of money in each of the foregoing funds and accounts in the 2024-25 state fiscal year, from each of those funds and accounts to the general fund.
