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First Regular Session | 75th General Assembly
Colorado General Assembly
HB23-1111

Unauthorized Insurance Premium Tax Rate

Type Bill
Session 2023 Regular Session
Subjects
Fiscal Policy & Taxes State Revenue & Budget

Concerning harmonization of the unauthorized insurance premium tax rate with the surplus lines insurance premium tax rate.

Bill Summary:

The act increases the unauthorized insurance premium tax rate from 2.25% to 3% in parity with the surplus lines insurance tax rate.

APPROVED by Governor March 31, 2023

EFFECTIVE January 1, 2024

NOTE: This act was passed without a safety clause.
(Note: This summary applies to this bill as enacted.)

Prime Sponsors

Representative Shannon Bird

Representative

Shannon Bird

Senator Chris Hansen

Senator

Chris Hansen

Committees

House

Finance

Senate

Finance

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
03/31/2023 Signed Act PDF
03/22/2023 Final Act PDF
03/10/2023 Rerevised PDF
03/09/2023 Revised PDF
02/13/2023 Reengrossed PDF
02/10/2023 Engrossed PDF
01/23/2023 Introduced PDF
Date Version Documents
08/23/2023 FN2 PDF
02/07/2023 FN1 PDF
Activity Vote Documents
Refer House Bill 23-1111 to the Committee of the Whole. The motion passed on a vote of 4-2. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Refer House Bill 23-1111 to the Committee of the Whole. The motion passed on a vote of 9-0. Vote summary
Hearing Summary
|
Committee Report:  PDF
Date Calendar Motion Vote Vote Document
03/10/2023 Third Reading BILL
25
AYE
10
NO
0
OTHER
 		Vote record
Date Calendar Motion Vote Vote Document
02/13/2023 Third Reading BILL
59
AYE
4
NO
2
OTHER
 		Vote record
Date Location Action
03/31/2023 Governor Governor Signed
03/23/2023 Governor Sent to the Governor
03/22/2023 Senate Signed by the President of the Senate
03/21/2023 House Signed by the Speaker of the House
03/10/2023 Senate Senate Third Reading Passed - No Amendments
03/09/2023 Senate Senate Second Reading Passed - No Amendments
03/07/2023 Senate Senate Committee on Finance Refer Unamended to Senate Committee of the Whole
02/13/2023 Senate Introduced In Senate - Assigned to Finance
02/13/2023 House House Third Reading Passed - No Amendments
02/10/2023 House House Second Reading Special Order - Passed - No Amendments
02/09/2023 House House Committee on Finance Refer Unamended to House Committee of the Whole
01/23/2023 House Introduced In House - Assigned to Finance
Effective Date Chapter # Title Documents
01/01/2024 46 Unauthorized Insurance Premium Tax Rate PDF

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