Under current law, the state treasurer is required to transfer $15 million from the limited gaming fund to the Colorado travel and tourism promotion fund at the end of each state fiscal year. Beginning at the end of the 2025-26 state fiscal year, and at the end of each state fiscal year thereafter, the act reduces the amount of the transfer from the limited gaming fund to the Colorado travel and tourism promotion fund to $14 million and requires a new annual transfer of $1 million from the limited gaming fund to the museum and preservation operations account within the state historical fund.(Note: This summary applies to this bill as enacted.)

The act allows money collected from the hospital provider fee to be used to maximize reimbursement through state-directed payments for physician services at Denver health and hospital authority. The act appropriates $3,527,482 from the healthcare affordability and sustainability hospital provider fee cash fund to the department of health care policy and financing to implement the act.(Note: This summary applies to this bill as enacted.)

The act recreates a provision that authorizes the state to retain the percentage of reimbursement that is in excess of the 50% federal match received for certain medicaid services provided (enhanced federal financial participation) during the COVID-19 pandemic. The provision is repealed once the reconciliation of all reimbursements and payments for services delivered during the period of enhanced federal financial participation has been completed.(Note: This summary applies to this bill as enacted.)

The act repeals limited purpose fee-for-service contracts for: the career pathways program, the multidisciplinary health-care provider access training program, and the career and technical education and apprenticeship programs alignment, on June 30, 2028; and cybersecurity and distributed ledger technologies and the food systems advisory council, on June 30, 2026. The act repeals, on June 30, 2028, the multidisciplinary health-care provider access training program, the career pathways program, and the state apprenticeship agency's career and technical education and apprenticeship programs alignment requirement.(Note: This summary applies to this bill as enacted.)

The act eliminates financial assistance and supports and reimbursement to county departments of human or social services (county departments) for non-certified kinship care homes. The act specifies that county departments are not required to provide financial assistance and supports for non-certified kinship care homes, except as required by the federal 'Social Security Act' and by Colorado's out-of-home placement required services and temporary custody provisions. The act requires the department of human services to create a standardized notice for non-certified kinship care providers regarding the discontinuation of non-certified kinship care financial assistance. The act requires county departments to provide the notice by June 15, 2026, to non-certified kinship foster care homes currently receiving monthly payments.(Note: This summary applies to this bill as enacted.)

Under current law, the department of human services (CDHS) was required to enter into an agreement with an outside entity no later than January 2, 2024, to develop a county administration of public and medical assistance programs funding model (funding model) to determine the amount of money necessary to fund the administration of public and medical assistance programs in each county. CDHS is required to enter into an agreement with an outside entity to annually update and modify the funding model. Before November 1 of each year, CDHS is required to submit the results of the funding model to the joint budget committee, the department of health care policy and financing, and the county departments of human or social services (county departments). The act repeals the funding model and the requirement to annually update and submit the results of the funding model to the joint budget committee, the department of health care policy and financing, and county departments. The act reduces the appropriations made to CDHS and the department of health care policy and financing in the annual general appropriation act for the 2026-27 state fiscal year.(Note: This summary applies to this bill as enacted.)

The act:Authorizes the health insurance affordability enterprise (enterprise), on or after January 1, 2027, to issue revenue bonds of up to $100 million to fund enterprise programs, secured by the enterprise's revenues, and require the enterprise to pay bond obligations before allocating revenues for enterprise programs;Allows the enterprise to invest specified money in the health insurance affordability cash fund (cash fund) without regard to otherwise applicable requirements for such investments and to contract with private professional fund managers to advise on investment strategies;Modifies the allocation of enterprise revenue among authorized purposes and allows the enterprise to reallocate unexpended amounts for specified purposes;Directs the enterprise to require qualified individuals who are enrolled in state-subsidized individual health coverage plans eligible for subsidies from the enterprise to pay premiums established in rules adopted by the commissioner, in consultation with the health insurance affordability board (board);Requires the enterprise to adjust the statewide average premium reduction under the reinsurance program to 18% and to reduce the amount of bonds issued to account for the reduced costs for the reinsurance program;Directs the board, in recommending parameters for implementing subsidies for state-subsidized individual health coverage plans, to recommend coverage that prioritizes enrollment stability and customer predictability; when seeking input on its recommendations regarding plans, coverage, and the number of eligible slots, to enable feedback in at least English and Spanish and in other languages upon request; and to indicate how it incorporated such feedback into its final recommendations;Directs the enterprise to conduct or contract a third party to conduct a study to evaluate the feasibility of restructuring the enterprise programs to increase health insurance affordability and maximize enrollment in health insurance plans;Requires the enterprise to submit 3 written reports and make one in-person presentation to the joint budget committee each year regarding the status of the cash fund and, as part of its in-person presentation in January 2027, to provide an analysis of the effects of changing the statewide average premium reduction under the reinsurance program to 15% and of creating a tiered, income-based, structure for premium assistance for individuals who purchase insurance on the Colorado health benefit exchange (exchange);Repeals the tax credit for contributions to the exchange and replaces it with a tax credit for contributions to the enterprise; andDirects the state treasurer to transfer $40 million from the marijuana tax cash fund to the cash fund by June 30, 2026, reduces to $60 million the designation of money in the marijuana tax cash fund as the state emergency reserve for the 2025-26 and 2026-27 state fiscal years, and increases by $40 million the value of the capitol annex building for purposes of the state emergency reserve for the 2025-26 and 2026-27 state fiscal years.(Note: This summary applies to this bill as enacted.)

The bill creates a special purpose authority (investment performance authority) that is authorized to invest certain public money from certain special funds, enterprise funds, and funds held by other special purpose authorities. State and other governmental entities (eligible entities) may choose to have the investment performance authority invest their money instead of the state treasurer or other authorized investor, under certain conditions. The investment performance authority is governed by a board of directors made up of the following 7 members:The state treasurer or the state treasurer's designee, who serves as chair of the board;The director of the office of state planning and budgeting or the director's designee;An individual with professional experience in managing federal, state, or local government money or managing the money of an institution of higher education or other endowment fund, appointed by the governor;2 individuals with professional experience in investment consulting or investment management, with one individual appointed by the speaker of the house of representatives and one individual appointed by the majority leader of the senate;An individual employed in the child care field, appointed by the minority leader of the senate; andAn individual working with a child care advocacy organization, appointed by the minority leader of the house of representatives. The investment performance authority uses the earnings from the investment of eligible entities' money:To quarterly disburse to eligible entities on a pro rata basis;To pay the reasonable administrative costs and expenses of the investment performance authority;To create a reserve; and To disburse to counties for child care assistance to families with low incomes according to a formula established in coordination with the child care assistance program allocation committee and the department of early childhood.(Note: This summary applies to this bill as introduced.)

Current law requires certain entities to file, or allows certain entities to voluntarily file, a clean energy plan to achieve an 80% reduction in greenhouse gas emissions caused by the entity's electricity sales in Colorado by 2030, relative to 2005 levels (2030 emission reductions). The act repeals current law stating that clean energy plans submitted by a cooperative electric association or a municipally owned utility under certain circumstances are deemed approved by the public utilities commission (commission) and requiring the division of administration in the department of public health and environment (division) to consult with the commission in verifying a clean energy plan submitted by a cooperative electric association or a municipally owned utility. The act also repeals current law stating that voluntary submission of a clean energy plan by a cooperative electric association or a municipally owned utility does not alter the entity's regulatory status with respect to the commission. A municipally owned utility that has encountered challenges in achieving the 2030 emission reductions may submit to the division, no later than December 31, 2026, an updated clean energy plan that demonstrates achievement of the 2030 emission reductions by the earliest date possible on or after December 31, 2029, but no later than December 31, 2032. A municipally owned utility that submits an updated clean energy plan to the division must:Provide a detailed generation and transmission plan to the division with the updated clean energy plan;Provide an annual report to the division beginning January 1, 2028, and continuing each year until December 31, 2033, that contains certain information related to the updated clean energy plan;Cease burning coal by December 31, 2032; andSeek to achieve certain additional reductions in greenhouse gas emissions without impairing the municipally owned utility's ability to maintain certain electric reliability standards. The updated clean energy plan must be verified by the division.(Note: This summary applies to this bill as enacted.)

The act creates a process for an owner of a single-family residence to petition a district court for limited access to an adjoining property to complete repairs or maintenance to the single-family residence if the owner of the adjoining property has denied such access. The owner of a single-family residence is encouraged to engage the adjoining property owner in alternative dispute resolution, such as mediation, prior to petitioning the court. In petitioning the court, the owner of a single-family residence must demonstrate that they have made reasonable efforts to obtain permission from the adjoining property owner to access the adjoining property. A petitioner must also specify the nature of the repairs or maintenance they seek to complete and describe why they cannot complete the repairs or maintenance without access to the adjoining property. If the court determines that access to the adjoining property is necessary to repair or maintain the petitioner's property and will not negatively affect an easement on the adjoining property, the court shall grant access to the adjoining property as necessary to allow completion of the repair or maintenance and shall prescribe the conditions and duration of the petitioner's access. The act does not apply to an adjoining property that is owned or controlled by the federal government, the state, or a political subdivision of the state.(Note: This summary applies to this bill as enacted.)

Current law prohibits a principal from discriminating, taking adverse action, or retaliating against a worker who, in good faith, raises a reasonable concern about workplace violations of government health or safety rules. The bill adds the university of Colorado hospital authority and the Denver health and hospital authority to the definition of 'principal'. The bill further clarifies that any action or potential action arising under the law regarding worker rights related to health and safety is not subject to the limitations, notice requirements, procedural requirements, or liability restrictions set forth in the 'Colorado Governmental Immunity Act'. (Note: This summary applies to this bill as introduced.)

The act creates a process for employers and licensed insurance producers to update an employer's experience modification factor when:An open claim is reported by an insurance carrier to the rating bureau with a higher open claim amount than the amount after the claim was closed; andThe lower claim amount would reduce an employer's experience modification factor at least .05 compared to the previously released experience modification factor or from above 1.0 to 1.0 or below. The employer must notify the insurance carrier between the time the claim is reported to a rating bureau and 31 days after the employer's rating effective date. The insurance carrier is required to credit the employer for a premium change resulting from the revised experience modification factor.(Note: This summary applies to this bill as enacted.)

A person who, under color of any law, subjects, or causes to be subjected, another person to the deprivation of any rights, privileges, or immunities secured by the United States constitution is liable to the injured party for legal or equitable relief. A defendant may assert a defense of absolute or qualified immunity to the same extent as in certain federal actions alleging a deprivation of rights. An action alleging a deprivation of constitutional rights must be commenced within 2 years after the cause of action accrues.(Note: This summary applies to this bill as introduced.)

Current law requires counties to offer Colorado works program (works program) applicants and participants that demonstrate good cause an extension beyond the 60-month lifetime maximum. Good cause includes an applicant or participant who is a child-only case, who is the head of a single parent household unit and has a child less than one year old, or who is experiencing hardship. The act makes the extension permissible rather than a requirement and removes an applicant or participant who is a child-only case or experiencing hardship from the good cause determination. The act suspends the works program basic cash assistance grant cost of living adjustment during the 2026-27 and 2027-28 state fiscal years. Current law establishes minimum reserve balances for the total statewide county temporary assistance for needy families (TANF) reserve and the Colorado long-term works reserve (reserves). The act removes those reserve minimums. The act eliminates a requirement for each reserve to replenish money in the other under certain conditions and for the general assembly to effectively backfill the balances of both reserves if their balances fall below specified minimums.(Note: This summary applies to this bill as enacted.)

The bill requires the state treasurer, on behalf of the state, to execute, no later than December 31, 2026, financed purchase of an asset or certificate of participation agreements (financing agreements) to finance a portion of the capital costs related to the capital renewal of a facility at the Colorado school of mines. The financing agreements are to be issued in an aggregate principal amount not to exceed $13 million plus reasonable and necessary administrative, monitoring, and closing costs and interest, including capitalized interest. The anticipated annual state-funded payments for the principal and interest components due under the financing agreements must not exceed the difference between $17.5 million and the amount of the annual state-funded payments for the agreements entered into pursuant to House Bill 24-1231, with principal amortization not occurring before July 1, 2027. The proceeds from the financing agreements will be used for the renewal of critical building systems of Guggenheim hall at the Colorado school of mines.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)