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HB26-1401

Transfers from Unclaimed Property Trust Fund

Type Bill
Session 2026 Regular Session
Subjects
State Government State Revenue & Budget

Concerning transfers of money from the unclaimed property trust fund, and, in connection therewith, transferring money from the unclaimed property trust fund to the housing development grant fund and the general fund in state fiscal year 2025-2026; terminating future transfers from the unclaimed property trust fund to the housing development grant fund and the adult dental fund; and making and reducing appropriations.

Bill Summary:

      Joint Budget Committee. On June 30, 2026, the state treasurer is required to transfer the following amounts from the unclaimed property trust fund (UPTF):

  • $72.8 million to the general fund; and
  • $2.2 million to the division of housing to be deposited into the housing development grant fund (grant fund).

     On July 1, 2026, the bill repeals the statutory provisions that authorize future transfers from the UPTF to the grant fund and to the adult dental fund.

     For the 2026-2027 state fiscal year, $63,491,322 is appropriated from the general fund to the department of health care policy and financing (HCPF). The bill decreases by a corresponding amount an appropriation to HCPF from the adult dental fund.


(Note: This summary applies to this bill as introduced.)

Committees

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Status

Under Consideration

Introduced

Under Consideration

Related Documents & Information

Date Version Documents
04/02/2026 Introduced PDF
Date Version Documents
04/02/2026 Initial Fiscal Note PDF
Date Location Action
04/02/2026 House Introduced In House - Assigned to Appropriations