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PUBLIC
BILL SUMMARY For HB26-1026

SENATE COMMITTEE ON FINANCE
Date Mar 24, 2026       Location SCR 357

HB26-1026 - Amended, referred to Senate Appropriations


02:12:53 PM  
Sen. Kolker introduced House Bill 26-1026. The bill allows Public Employees’ Retirement Association members to purchase service credit for periods of unemployment and requires all PERA-affiliated employers to offer voluntary 401k and 457 plans with both a tax-deferred and Roth contribution option. Sen. Kolker answered several committee questions.
02:22:52 PM  
Michael Steppat, representing Colorado PERA, testified in support of the bill. Caroline Martin, OLLS, came to the table to answer committee questions. Written testimony may be found in Attachment A.

02:32:21 PM
Motion Adopt amendment L.003 (Attachment B)
Moved Kolker
Seconded
Benavidez
Bright
Frizell
Kolker
Mullica
Simpson
Snyder
Marchman
Kipp
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection

02:33:51 PM
Motion Refer House Bill 26-1026, as amended, to the Committee on Appropriations.
Moved Kolker
Seconded
Benavidez Yes
Bright Yes
Frizell Yes
Kolker Yes
Mullica Yes
Simpson Yes
Snyder Yes
Marchman Yes
Kipp Yes
Final YES: 9   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS