Repeal Capital Construction Funding Requirements
Summary
Current law requires most state agencies and institutions of higher education that receive an appropriation for capital construction to set aside an amount of money equal to the recorded depreciation of the capital asset that was acquired, repaired, improved, replaced, renovated, or constructed with the appropriation (annual depreciation-lease equivalent payment) to pay for the long-term maintenance costs of the capital asset. Currently, the money that state agencies or institutions of higher education set aside for maintenance costs is credited to the capitol complex renovation fund. The act repeals the annual depreciation-lease equivalent payment requirement. Currently, the department of personnel uses the money in the capitol complex renovation fund (fund) for capital construction needs for existing state-owned buildings in the capitol complex. The act requires the state treasurer to transfer $15,263,000 from the fund to the general fund on June 30, 2026. The act also requires the state treasurer to transfer the remaining balance of the fund on June 30, 2027, to the general fund and then repeals the fund. In addition, the act repeals a reporting requirement in connection with the use of the money in the fund. The act also repeals the capitol complex master plan implementation fund, including its ongoing transfers to the fund. The act decreases multiple cash fund and general fund appropriations made in the annual general appropriation act for the 2026-27 state fiscal year to various state departments for annual depreciation-lease equivalent payments.(Note: This summary applies to this bill as enacted.)
Bill status
signed
all 5 stages cleared
Introduction
Apr 2026
Committee Review
Apr 2026
House Passage
May 2026
Senate Passage
May 2026
Signed into Law
Jun 2026
Introduced Apr 2, 2026
Signed Jun 1, 2026
Maddy AI version diff · 6 comparisons
What changed between versions
Final Act
→
Signed Act
·
5 edits
·
Jun 3, 2026
MODERATE
This bill repeals the legal authority for the Capitol Complex Renovation Fund and removes references to it from the Capital Construction Fund. It also reduces specific cash fund appropriations for depreciation-lease payments by over $370,000. These changes effectively eliminate a specific funding stream for capital projects and lower the budgeted amounts for certain state agency payments.
Scope change
The bill narrows the scope of state capital funding by repealing the Capitol Complex Renovation Fund and removing its associated transfer requirements to the Capital Construction Fund.
FISCAL
Repealed the entire Capitol Complex Renovation Fund (Section 24-30-1313), eliminating its creation, funding sources, and the requirement to transfer unexpended money to the Capital Construction Fund by June 30, 2030.
Repealed Section 24-30-1314, which likely contained additional provisions related to the repealed fund.
Reduced the cash funds appropriation for the agricultural management fund by $203,337.
Reduced the cash funds appropriation for the inspection and consumer services cash fund by $10,000.
Reduced the cash funds appropriation from various sources by $248,280.
Floor votes · Senate Apr 17, 2026 · House Apr 11, 2026
How they voted
61–0
Passed · 3 other
Total votes 64
Apr 17, 2026
D
Democratic42
97% Yea
R
Republican22
90% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
17
Key actions
8
Committee
2
Amendments
1
Jun 1, 2026
Signed into law
Governor Signed
executive
May 29, 2026
Upper · Passed
Signed by the President of the Senate
upper
May 29, 2026
Lower · Passed
Signed by the Speaker of the House
lower
Apr 17, 2026
Introduced
House Considered Senate Amendments - Result was to Concur - Repass
lower
Apr 17, 2026
Senate · Passed
Senate Vote: pass (61-0-3)
senate
Apr 16, 2026
Upper · Passed
Senate Third Reading Passed - No Amendments
upper
Apr 14, 2026
Upper · Passed
Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole
upper
Apr 13, 2026
Introduced
Introduced In Senate - Assigned to Appropriations
upper
Apr 11, 2026
Lower · Passed
House Third Reading Passed with Amendments - Floor
lower
Apr 6, 2026
Lower · Passed
House Committee on Appropriations Refer Unamended to House Committee of the Whole
lower
Apr 2, 2026
Introduced
Introduced In House - Assigned to Appropriations
lower
6 primary · 2 co-sponsors
Sponsors
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