Funding for Colorado DRIVES Account

     The bill makes the following changes to increase the amount of revenue that is directed to the Colorado DRIVES vehicle services account (DRIVES account) created in the highway users tax fund (HUTF):

• Beginning on July 1, 2027, increases revenue to the DRIVES account by redirecting $2 of each late vehicle registration fee from the HUTF to the DRIVES account and, consistent with current law, crediting the remainder of the fees to the HUTF ( sections 1, 2, and 4 of the bill);
• Increases revenue to the DRIVES account by authorizing the department of revenue, beginning on August 12, 2026 July 1, 2027 , to charge a fee , under certain circumstances, for an individual who fails to appear at a scheduled appointment for a driver's license, identification card, or related service or who cancels a scheduled appointment within the 24-hour period preceding the appointment time, and crediting this fee to the DRIVES account ( section 3 ); and
• Beginning on July 1, 2026, increases revenue to the DRIVES account by redirecting fees for special vehicle registrations for personalized license plates from the HUTF to the DRIVES account, except that, consistent with current law, $2 of each fee is remitted to the county general fund ( sections 1, 2, and 5 ).

      The provisions of the bill that redirect revenue to the DRIVES account from the HUTF take effect only if the section of House Bill 26-1289 concerning gasoline and special fuel taxes becomes law.

(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)