Environment
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
StateColoradoEnacted
HB 1304: History Colorado to Dispose of Mineral Rights
Mandy Lindsay
HB 1304 status: Enacted — Governor Signed (updated Jun 3, 2026).
Source
OpenStates
Confidence
Low
Analysis basis
OpenStates summary
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
65OUT OF 100
Score:65/100 civic fit
Risk:Low Risk
Impact:Low Impact 20/100
Constitutionality95%
Bipartisan50%
Public opinion50%
Bill summary
The act authorizes the state historical society, also known as history Colorado, to dispose of mineral rights and nonparticipating royalty interests associated with certain properties in Weld County and West Virginia. The state controller must approve all agreements relating to the disposition prior to closing. History Colorado shall provide an update on the disposition to the capital development committee. History Colorado is required to credit the proceeds of the disposition to the state museum cash fund to be used for a strategic investment in capital improvements, including the retrofitting of the collections care facility and controlled maintenance.(Note: This summary applies to this bill as enacted.)
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Positive outlook
60%
Benefits
- Provides funding for state museum capital improvements
- Enables potential liquidity from underutilized assets
- Supports retrofitting of the collections care facility
Risks
- Potential loss of long-term royalty revenue streams
- Reliance on one-time asset sales for capital needs
- Administrative costs associated with property disposal
Society
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Technology Industry
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
Civic Accountability
Positive outlook
70%
Benefits
- Requires State Controller approval for all sale agreements
- Mandates progress updates to the Capital Development Committee
- Ensures proceeds are earmarked for museum fund improvements
Risks
- Limited public transparency on specific buyer identity
- Lack of detailed public valuation disclosure
- Reliance on internal oversight rather than public audit
Public Health & Safety
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified.
Risks
- No material direct effect identified.
03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
OpenStates
Official bill text or data from OpenStates.
Confidence
Low
Information is limited or incomplete.
Analysis basis
OpenStates summary
Source used for this bill's analysis.
Source note
The financial outcomes depend on the accuracy of the valuation of the mineral rights during the disposal process.
Analysis scope
Source provided is an abstract; full text of the legislation is not available for review.
04
Where it stands
Official recordGovernor Signed
- IntroducedComplete
- CommitteeComplete
- Chamber votesComplete
- Final agreementComplete
- GovernorComplete
- EnactedComplete
05
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06
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