Bill
Bill > HB1216
summary
Introduced
02/17/2026
02/17/2026
In Committee
03/31/2026
03/31/2026
Crossed Over
03/12/2026
03/12/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
Statutory Revision Committee. Current law in certain statutes administered by the department of revenue contains several technical defects and incorrect statutory cross-references. The bill corrects these technical defects and incorrect cross-references as follows: ! Section 1 of the bill amends the list of conditions a taxpayer must meet to claim a refundable income tax credit for certain businesses located in the state so that the list of conditions terminates correctly and conforms with standard drafting practices; ! Sections 2 and 4 correct outdated cross-references in the statute governing the collection of gas and special fuels tax and the statute governing the road usage fee and bridge and tunnel impact fee; ! Section 3 clarifies the amount that can be claimed for a property tax or rent assistance grant and a heat or fuel expenses assistance grant based on the year the claim was made; and ! Section 5 removes the definitions for "battery electric motor vehicle" and "plug-in hybrid electric motor vehicle" from the statute that creates the high-performance transportation enterprise, as those defined terms do not otherwise appear in the statute.
AI Summary
This bill, titled "Correcting Defects in Statutes Administered by Department of Revenue," aims to fix several technical errors and outdated references within laws managed by the Colorado Department of Revenue. Specifically, it clarifies the conditions for claiming a refundable income tax credit for certain businesses, ensuring the list of requirements is correctly formatted. It also updates incorrect cross-references in statutes related to the collection of gas and special fuels tax, as well as the road usage fee and bridge and tunnel impact fee. Additionally, the bill clarifies how property tax, rent assistance, and heat or fuel expenses grants are calculated based on the year the claim is made. Finally, it removes definitions for "battery electric motor vehicle" and "plug-in hybrid electric motor vehicle" from a statute concerning a high-performance transportation enterprise, as these terms are no longer used within that specific law.
Committee Categories
Military Affairs and Security
Sponsors (7)
Michael Carter (D)*,
Tony Exum (D)*,
Stephanie Luck (R)*,
Janice Rich (R)*,
Brandi Bradley (R),
James Coleman (D),
Cecelia Espenoza (D),
Last Action
Senate Third Reading Passed - No Amendments (on 04/07/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://leg.colorado.gov/bills/HB26-1216 |
| BillText | https://leg.colorado.gov/bill_files/114216/download |
| BillText | https://leg.colorado.gov/bill_files/114151/download |
| BillText | https://leg.colorado.gov/bill_files/113043/download |
| BillText | https://leg.colorado.gov/bill_files/113001/download |
| Fiscal Note FN1 | https://leg.colorado.gov/bill_files/112758/download |
| BillText | https://leg.colorado.gov/bill_files/112079/download |
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