summary
Introduced
03/13/2024
03/13/2024
In Committee
04/30/2024
04/30/2024
Crossed Over
04/30/2024
04/30/2024
Passed
Dead
05/04/2024
05/04/2024
Introduced Session
Potential new amendment
2024 Regular Session
Bill Summary
The bill creates the Colorado alcohol impact and recovery enterprise (enterprise) in the department of revenue to: ! Collect a fee from manufacturers and wholesalers that distribute alcohol within Colorado; and ! Use the fee for alcohol and related substance use disorder prevention, early intervention, treatment, harm reduction, and recovery services and programs in communities throughout the state. The bill exempts small manufacturers and wholesale distributors of alcohol based on production and distribution level amounts for which a manufacturer or distributor may pay reduced tax or claim an exemption under federal law. The bill also: ! Creates the alcohol impact enterprise board and specifies membership and duties of the board; and ! Requires the state auditor to conduct an audit of the enterprise in the 2030-31 state fiscal year and every fourth state fiscal year thereafter. The bill also exempts the enterprise from the prohibition on an enterprise receiving more than $100,000,000 in revenue in fees in the enterprise's first 5 fiscal years without first receiving voter approval.
AI Summary
This bill creates the Colorado Alcohol Impact and Recovery Enterprise (enterprise) in the Department of Revenue to collect a fee from manufacturers and wholesalers that distribute alcohol within Colorado. The fee revenue will be used to fund alcohol and related substance use disorder prevention, early intervention, treatment, harm reduction, and recovery services and programs across the state. The bill exempts small manufacturers and wholesale distributors from paying the fee based on production and distribution levels. It also creates the Alcohol Impact Enterprise Board, requires periodic audits of the enterprise, and exempts the enterprise from certain constitutional restrictions on enterprises. Overall, the bill aims to address the detrimental public health and financial impacts of excessive alcohol use in Colorado.
Committee Categories
Budget and Finance
Sponsors (23)
Judy Amabile (D)*,
Jennifer Bacon (D)*,
Kyle Brown (D)*,
Janet Buckner (D)*,
Lisa Cutter (D)*,
Elisabeth Epps (D)*,
Tony Exum (D)*,
Rhonda Fields (D)*,
Julie Gonzales (D)*,
Chris Hansen (D)*,
Tim Hernández (D)*,
Leslie Herod (D)*,
Sonya Jaquez Lewis (D)*,
Chris Kennedy (D)*,
Cathy Kipp (D)*,
Javier Mabrey (D)*,
Janice Marchman (D)*,
Dafna Michaelson Jenet (D)*,
Kevin Priola (D)*,
Jenny Willford (D)*,
Faith Winter (D)*,
Jeff Bridges (D),
James Coleman (D),
Last Action
House Committee on Finance Postpone Indefinitely (on 05/04/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...