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HB 23-1272

signed

Tax Policy That Advances Decarbonization

Plain-English Summary

AI-generated

House Bill 23-1272, which has been approved and is now in effect, aims to support the reduction of carbon emissions by adjusting Colorado’s tax policies. It provides tax credits for businesses and individuals who invest in projects that help decarbonize the state's economy, such as renewable energy initiatives or energy-efficient building upgrades. This bill affects anyone involved in or interested in supporting clean energy and sustainability efforts in Colorado. Since it has been signed into law, these new tax incentives are available to those who qualify starting from May 11, 2023.

Official 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.)

Details

Chamber
House
First action
2023-05-11
Latest action
2023-03-30
Last action desc.
Introduced In House - Assigned to Energy & Environment
OpenStates
View source ↗

Sponsors

Votes

REPASS
2023-05-02 · House · passYes: 46 · No: 19 · Other:
CONCUR
2023-05-02 · House · passYes: 46 · No: 19 · Other:
BILL
2023-05-01 · Senate · passYes: 23 · No: 12 · Other:
BILL
2023-04-24 · House · passYes: 43 · No: 20 · Other: