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First Regular Session | 75th General Assembly
Colorado General Assembly
HB23-1272

Tax Policy That Advances Decarbonization

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

Concerning tax policy that advances decarbonization, and, in connection therewith, extending tax credits for the purchase or lease of electric vehicles; creating tax credits for industrial facilities to implement greenhouse gas emissions reduction improvements, for expenditures made in connection with geothermal energy projects, for production of geothermal electricity generation, for the deployment of heat pump technology, for retail sales of electric bicycles, and for construction of sustainable aviation fuel production facilities; creating a temporary specific ownership tax rate reduction on a portion of the sale of electric medium- and heavy-duty trucks; temporarily decreasing the severance tax credit for oil and gas production, requiring the revenue that is attributable to the decrease be deposited in the decarbonization tax credits administration cash fund, and creating the cash fund; and making an appropriation.

Bill Summary:

The length of the bill summary for this bill requires it to be published on a separate page here:

https://leg.colorado.gov/hb23-1272-bill-summary

APPROVED by Governor May 11, 2023

EFFECTIVE May 11, 2023
(Note: This summary applies to this bill as enacted.)

Prime Sponsors

Senator Mike Weissman

Representative

Mike Weissman

Representative Junie Joseph

Representative

Junie Joseph

Senator Stephen Fenberg

Senator

Stephen Fenberg

Senator Lisa Cutter

Senator

Lisa Cutter

Committees

House

Energy & Environment

Finance

Appropriations

Senate

Finance

Appropriations

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
05/11/2023 Signed Act PDF
05/05/2023 Final Act PDF
05/01/2023 Rerevised PDF
04/28/2023 Revised PDF
04/24/2023 Reengrossed PDF
04/21/2023 Engrossed PDF
03/30/2023 Introduced PDF
Date Version Documents
04/28/2023 PA4 PDF
04/21/2023 PA3 PDF
04/17/2023 PA2 PDF
04/10/2023 PA1 PDF
Date Version Documents
07/18/2023 FN8 PDF
05/02/2023 FN7 PDF
04/28/2023 FN6 PDF
04/26/2023 FN5 PDF
04/21/2023 FN4 PDF
04/20/2023 FN3 PDF
04/12/2023 FN2 PDF
04/05/2023 FN1 PDF
Date Version Documents
04/21/2023 SA1 PDF
Date Version Documents
09/14/2023 GHG2 PDF
04/25/2023 GHG1 PDF
Activity Vote Documents
Refer House Bill 23-1272 to the Committee of the Whole. The motion passed on a vote of 4-3. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Adopt amendment L.058 (Attachment B) The motion passed without objection. Vote summary
Adopt amendment L.059 (Attachment C) The motion passed without objection. Vote summary
Adopt amendment L.060 (Attachment D) The motion passed without objection. Vote summary
Refer House Bill 23-1272, as amended, to the Committee on Appropriations. The motion passed on a vote of 4-3. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Adopt amendment L.017 The motion passed without objection. Vote summary
Adopt amendment L.018 The motion passed without objection. Vote summary
Adopt amendment L.019 The motion passed without objection. Vote summary
Adopt amendment L.020 The motion passed without objection. Vote summary
Adopt amendment L.026 The motion passed without objection. Vote summary
Adopt amendment J.001 The motion passed without objection. Vote summary
Refer House Bill 23-1272, as amended, to the Committee of the Whole. The motion passed on a vote of 6-4. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Adopt amendment L.009 (Attachment D). The motion passed without objection. Vote summary
Adopt amendment L.010 (Attachment E). The motion passed without objection. Vote summary
Adopt amendment L.011 (Attachment F). The motion passed without objection. Vote summary
Adopt amendment L.012 (Attachment G). The motion passed without objection. Vote summary
Adopt amendment L.014 (Attachment H). The motion passed without objection. Vote summary
Adopt amendment L.015 (Attachment I). The motion passed without objection. Vote summary
Adopt amendment L.013 (Attachment J). The motion passed without objection. Vote summary
Adopt amendment L.016 (Attachment K). The motion failed on a vote of 5-6. Vote summary
Refer House Bill 23-1272, as amended, to the Committee on Appropriations. The motion passed on a vote of 6-5. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Adopt amendment L.001 (Attachment B) The motion passed without objection. Vote summary
Adopt amendment L.002 (Attachment C) The motion passed without objection. Vote summary
Adopt amendment L.003 (Attachment D) The motion passed without objection. Vote summary
Adopt amendment L.004 (Attachment E) The motion passed without objection. Vote summary
Adopt amendment L.005 (Attachment F) The motion passed without objection. Vote summary
Adopt amendment L.006 (Attachment G) The motion passed without objection. Vote summary
Adopt amendment L.007 (Attachment H) The motion passed without objection. Vote summary
Adopt amendment L.008 (Attachment I) The motion passed without objection. Vote summary
Refer House Bill 23-1272, as amended, to the Committee on Finance. The motion passed on a vote of 8-3. Vote summary
Hearing Summary
|
Committee Report:  PDF
Date Calendar Motion Vote Vote Document
05/02/2023 Senate Amendments REPASS
46
AYE
19
NO
0
OTHER
 		Vote record
05/02/2023 Senate Amendments CONCUR
46
AYE
19
NO
0
OTHER
 		Vote record
04/24/2023 Third Reading BILL
43
AYE
20
NO
2
OTHER
 		Vote record
Date Calendar Motion Vote Vote Document
05/01/2023 Third Reading BILL
23
AYE
12
NO
0
OTHER
 		Vote record
Date Amendment Number Committee/ Floor Hearing Status Documents
04/28/2023 L.065 Second Reading Lost [**] PDF
04/28/2023 L.064 Second Reading Lost [**] PDF
04/28/2023 L.063 Second Reading Lost [**] PDF
04/28/2023 L.067 Second Reading Passed [**] PDF
04/28/2023 L.066 Second Reading Passed [**] PDF
04/27/2023 L.060 SEN Finance Passed [*] PDF
04/27/2023 L.059 SEN Finance Passed [*] PDF
04/27/2023 L.058 SEN Finance Passed [*] PDF
04/21/2023 L.029 Second Reading Lost [**] PDF
04/21/2023 L.027 Second Reading Lost [**] PDF
04/21/2023 L.028 Second Reading Lost [**] PDF
04/21/2023 L.034 Second Reading Lost [**] PDF
04/21/2023 L.030 Second Reading Lost [**] PDF
04/21/2023 L.025 Second Reading Lost [**] PDF
04/21/2023 L.039 Second Reading Passed [**] PDF
04/21/2023 L.038 Second Reading Passed [**] PDF
04/21/2023 L.042 Second Reading Lost [**] PDF
04/21/2023 L.041 Second Reading Lost [**] PDF
04/21/2023 L.040 Second Reading Lost [**] PDF
04/21/2023 L.052 Second Reading Lost [**] PDF
04/21/2023 L.045 Second Reading Lost [**] PDF
04/21/2023 L.044 Second Reading Lost [**] PDF
04/21/2023 L.043 Second Reading Lost [**] PDF
04/21/2023 L.046 Second Reading Passed [**] PDF
04/21/2023 J.001 HOU Appropriations Passed [*] PDF
04/21/2023 L.026 HOU Appropriations Passed [*] PDF
04/21/2023 L.020 HOU Appropriations Passed [*] PDF
04/21/2023 L.019 HOU Appropriations Passed [*] PDF
04/21/2023 L.018 HOU Appropriations Passed [*] PDF
04/21/2023 L.017 HOU Appropriations Passed [*] PDF
04/13/2023 L.016 HOU Finance Lost PDF
04/13/2023 L.013 HOU Finance Passed [*] PDF
04/13/2023 L.015 HOU Finance Passed [*] PDF
04/13/2023 L.014 HOU Finance Passed [*] PDF
04/13/2023 L.012 HOU Finance Passed [*] PDF
04/13/2023 L.011 HOU Finance Passed [*] PDF
04/13/2023 L.010 HOU Finance Passed [*] PDF
04/13/2023 L.009 HOU Finance Passed [*] PDF
04/06/2023 L.008 HOU Energy & Environment Passed [*] PDF
04/06/2023 L.007 HOU Energy & Environment Passed [*] PDF
04/06/2023 L.006 HOU Energy & Environment Passed [*] PDF
04/06/2023 L.005 HOU Energy & Environment Passed [*] PDF
04/06/2023 L.004 HOU Energy & Environment Passed [*] PDF
04/06/2023 L.003 HOU Energy & Environment Passed [*] PDF
04/06/2023 L.002 HOU Energy & Environment Passed [*] PDF
04/06/2023 L.001 HOU Energy & Environment Passed [*] PDF

* Amendments passed in committee are not incorporated into the measure unless adopted by the full House or Senate.

** The status of Second Reading amendments may be subsequently affected by the adoption of an amendment to the Committee of the Whole Report. Refer to the House or Senate Journal for additional information.

Date Location Action
05/11/2023 Governor Governor Signed
05/05/2023 Governor Sent to the Governor
05/05/2023 Senate Signed by the President of the Senate
05/04/2023 House Signed by the Speaker of the House
05/02/2023 Senate House Considered Senate Amendments - Result was to Concur - Repass
05/01/2023 Senate Senate Third Reading Passed - No Amendments
04/28/2023 Senate Senate Second Reading Special Order - Passed with Amendments - Committee, Floor
04/28/2023 Senate Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
04/27/2023 Senate Senate Committee on Finance Refer Amended to Appropriations
04/25/2023 Senate Introduced In Senate - Assigned to Finance
04/24/2023 House House Third Reading Passed - No Amendments
04/21/2023 House House Second Reading Special Order - Passed with Amendments - Committee, Floor
04/21/2023 House House Committee on Appropriations Refer Amended to House Committee of the Whole
04/13/2023 House House Committee on Finance Refer Amended to Appropriations
04/06/2023 House House Committee on Energy & Environment Refer Amended to Finance
03/30/2023 House Introduced In House - Assigned to Energy & Environment
Effective Date Chapter # Title Documents
05/11/2023 167 Tax Policy That Advances Decarbonization PDF

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