House Bill 26-1430 to limit transportation funding

planned

House Bill 26-1430 is a legislative bill under consideration by the Colorado Legislature that would prevent the state from spending the extra money allocated by Initiative 175 on road construction projects. The bill proposes to limit specific state transportation taxes and fees deposited into the state Highway Users Tax Fund from January 1, 2027, to June 30, 2030, including lowering the gas tax from 22 cents to 14 cents per gallon and reducing specific registration fees by 38%. The bill has a sunset clause in 2030 and would only take effect if the ballot initiative passes.