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HB26-1388

Repeal Bond Assistance Program Fund Transfer

Type Bill
Session 2026 Regular Session
Subjects
Fiscal Policy & Taxes State Government

Concerning the repeal of the bond assistance program administered by the department of personnel, and, in connection therewith, transferring the balance of the bond assistance program cash fund to the general fund.

Bill Summary:

      Joint Budget Committee. Under existing law, the department of personnel administers the 'state procurement equity program', which includes a bond assistance program to help historically underutilized businesses that are small businesses offset the costs of obtaining a surety bond that is required for a solicitation for a state procurement opportunity. The bond assistance program is funded through the bond assistance program cash fund.

     The bill transfers the balance of the bond assistance program cash fund to the general fund on June 30, 2026, and repeals the bond assistance program, effective December 1, 2027.


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Committees

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Status

Passed

Introduced

Passed

Related Documents & Information

Date Version Documents
04/16/2026 Rerevised PDF
04/15/2026 Revised PDF
04/11/2026 Reengrossed PDF
04/09/2026 Engrossed PDF
04/02/2026 Introduced PDF
Date Version Documents
04/02/2026 Initial Fiscal Note PDF
Activity Vote Documents
Refer House Bill 26-1388 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 7-0. Vote summary
Activity Vote Documents
Refer House Bill 26-1388 to the Committee of the Whole. The motion passed on a vote of 11-0. Vote summary
Date Calendar Motion Vote Vote Document
04/16/2026 Third Reading BILL
35
AYE
0
NO
0
OTHER
Vote record
Date Calendar Motion Vote Vote Document
04/11/2026 Third Reading BILL
61
AYE
0
NO
4
OTHER
Vote record
Date Location Action
04/16/2026 Senate Senate Third Reading Passed - No Amendments
04/15/2026 Senate Senate Second Reading Special Order - Passed - No Amendments
04/14/2026 Senate Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
04/13/2026 Senate Introduced In Senate - Assigned to Appropriations
04/11/2026 House House Third Reading Passed - No Amendments
04/10/2026 House House Third Reading Laid Over Daily - No Amendments
04/09/2026 House House Second Reading Special Order - Passed - No Amendments
04/08/2026 House House Second Reading Special Order - Laid Over Daily - No Amendments
04/06/2026 House House Committee on Appropriations Refer Unamended to House Committee of the Whole
04/02/2026 House Introduced In House - Assigned to Appropriations