HB 1407

Joint Budget Committee. The bill makes the following transfers to the general fund on June 30, 2026: $27,905,384 from the refinance discretionary account in the ARPA refinance state money cash fund; $4,085,246.49 from the revenue loss restoration cash fund; $1,974,702.20 from the economic recovery and relief cash fund; $1,005,850.24 from the behavioral and mental health cash fund; and $750,190.06 from the state highway fund. The bill extends the deadline from December 31, 2026, to June 30, 2027, for the department of human services to spend money appropriated in 2022 from the behavioral and mental health cash fund for capital construction related to a youth neuro-psych facility at the Colorado mental health institute at Fort Logan. The bill delays a corresponding transfer of money from the behavioral and mental health cash fund. The bill reduces appropriations to the department of health care policy and financing and the department of early childhood. (Note: This summary applies to this bill as introduced.)