summary
Introduced
01/21/2026
01/21/2026
In Committee
05/11/2026
05/11/2026
Crossed Over
05/18/2026
05/18/2026
Passed
05/27/2026
05/27/2026
Dead
Signed/Enacted/Adopted
05/27/2026
05/27/2026
Introduced Session
2026 Regular Session
Bill Summary
CONCERNING TRANSIT AND HOUSING INVESTMENT ZONES, AND, IN CONNECTION THEREWITH, MAKING AN APPROPRIATION.
AI Summary
This bill establishes "Transit and Housing Investment Zones" (TIZs) to encourage the development of housing near public transit by utilizing tax increment financing (TIF), a method where future increases in tax revenue generated by development are used to fund that development. The bill outlines a process for local governments to apply for TIZ designation, requiring them to demonstrate how proposed projects will increase transit use, promote economic development, and contribute to housing affordability. The Colorado Economic Development Commission (CEDC) will approve these projects, and a portion of state sales tax revenue generated within the TIZ, known as "state sales tax increment revenue," can be pledged to finance eligible improvements like infrastructure and construction. The bill also creates a tax credit for affordable housing developments within TIZs, administered by the Colorado Housing and Finance Authority (CHFA), to further incentivize the creation of affordable housing. Finally, it includes an appropriation for the office of economic development to implement these programs.
Committee Categories
Budget and Finance
Sponsors (40)
Tony Exum (D)*,
Julie McCluskie (D)*,
Dylan Roberts (D)*,
Steven Woodrow (D)*,
Judy Amabile (D),
Jennifer Bacon (D),
Andrew Boesenecker (D),
Jeff Bridges (D),
Sean Camacho (D),
Michael Carter (D),
James Coleman (D),
Lisa Cutter (D),
Lindsey Daugherty (D),
Monica Duran (D),
Regina English (D),
Meg Froelich (D),
Julie Gonzales (D),
Eliza Hamrick (D),
Nick Hinrichsen (D),
Jamie Jackson (D),
Iman Jodeh (D),
Cathy Kipp (D),
Sheila Lieder (D),
Mandy Lindsay (D),
William Lindstedt (D),
Meghan Lukens (D),
Karen McCormick (D),
Kenny Nguyen (D),
Amy Paschal (D),
Jacqueline Phillips (D),
Naquetta Ricks (D),
Manny Rutinel (D),
Gretchen Rydin (D),
Lesley Smith (D),
Katie Stewart (D),
Rebekah Stewart (D),
Alex Valdez (D),
Elizabeth Velasco (D),
Katie Wallace (D),
Yara Zokaie (D),
Last Action
Governor Signed (on 05/27/2026)
Bill Topics
Community Development and Housing Issues
- ‐ Community and Regional Development
- ‐ Housing and Community Development for Low and Middle Income Persons
Transportation
- ‐ Mass Transportation and Safety
Official Document
bill text
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