Colorado House Bill 1059
Session 2026A
Cost Recovery Cash Fund Consolidation
Introduced
Introduced in House on Jan 14, 2026
Sponsors
4 Sponsors
A. Hartsook
R. Stewart
L. Frizell
M. Snyder
First Action
Jan 14, 2026
Latest Action
Jan 29, 2026
Origin Chamber
House
Type
Bill
Bill Number
1059
State
Colorado
Session
2026A
A. Hartsook
grade
Sponsor
L. Frizell
grade
Sponsor
M. Snyder
grade
Sponsor
R. Stewart
grade
Sponsor
checkPassed on January 29, 2026
Motion Text
Refer House Bill 26-1059 to the Committee on Appropriations.
House Roll Call Votes
Excused
Yes
Yes
Yes
Summary
Current law allows the department of revenue (department) to retain an amount equal to its administrative costs in collecting, administering, and enforcing the production fees for clean transit and wildlife and land remediation, the enterprise per ride fees, and the retail delivery fees and the enterprise retail delivery fees. Current law also allows the department to retain 3% of the prepaid wireless trust cash fund to mitigate administrative costs. The money retained by the department is currently transmitted into multiple individual cost recovery cash funds that are used to mitigate the department's administrative costs of collecting those fees and charges. These cash funds include the oil and gas production fees collection fund, the enterprise per ride fees fund, and the retail delivery fees fund (cost recovery funds).The bill repeals each of these cost recovery funds and directs the state treasurer to transmit the money retained by the department to mitigate the department's administrative costs for all the programs into a single cost recovery cash fund, which is created in the bill.(Note: This summary applies to this bill as introduced.)
Committee Report for Finance on 01/29/2026
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01/29/2026
House
House Committee on Finance Refer Unamended to Appropriations
01/14/2026
House
Introduced In House - Assigned to Finance
Sources
CO Legislature
Record Created
Jan 15, 2026 12:48:50 AM
Record Updated
Jan 30, 2026 8:50:22 PM