HB 26-1362
signedRepeal Decarbonization Tax Credits Administration Fund
Plain-English Summary
AI-generatedHouse Bill 26-1362 is a Colorado law that plans to end funding for certain tax credits aimed at reducing carbon emissions on July 1, 2027. This bill will only take effect if another related bill (House Bill 26-1405) also becomes law, which would transfer any leftover funds from the decarbonization program to the state’s general fund by June 30, 2027. The bill affects how money is allocated for environmental programs and could impact businesses and individuals who rely on these tax credits to reduce their carbon footprint. Since it has been signed into law, the bill will proceed as planned unless there are further legislative changes.
Official Summary
On July 1, 2027, the act repeals the decarbonization tax credits administration cash fund, which is subject to annual appropriation to the department of revenue and the Colorado energy office to pay for the direct and indirect costs associated with the implementation and administration of various decarbonization tax credits.(Note: This summary applies to this bill as enacted.)
Details
- Chamber
- House
- First action
- 2026-05-28
- Latest action
- 2026-04-02
- Last action desc.
- Introduced In House - Assigned to Appropriations
- OpenStates
- View source ↗
Related Legislation
This bill affects (148)
amendsHB 24-1183(2024A)· signedDepartment of Education Supplemental
amendsHB 24-1339(2024A)· signedDisproportionately Impact Community Air Pollution
amendsHB 26-1153(2026A)· signedDepartment of Education Supplemental
amendsSB 25-264(2025A)· signedCash Fund Transfers to the General Fund
amendsHB 25-1277(2025A)· signedIncreasing Transparency Impact of Fuel Products
amendsSB 25-091(2025A)· signedDept of Education Supplemental
amendsSB 25-156(2025A)· signedReducing Costs of State Regulation
amendsSB 22-193(2022A)· signedAir Quality Improvement Investments
relatesSB 25-102(2025A)· signedDepartment of Natural Resources Supplemental
relatesSB 22-013(2022A)· signedBoards And Commissions
relatesSB 24-135(2024A)· signedModification of State Agency & Department Reporting Requirements
relatesSB 24-174(2024A)· signedSustainable Affordable Housing Assistance
relatesSB 25-100(2025A)· signedDepartment of Local Affairs Supplemental
relatesHB 26-1387(2026A)· signedSeverance Tax Fund Expenditures
relatesHB 23-1251(2023A)· signedRepeal Of Obsolete Provisions In Title 39
relatesSB 24-214(2024A)· signedImplement State Climate Goals
relatesSB 25-256(2025A)· signedFunds for Support of Digital Trunked Radio System
relatesHB 25-1061(2025A)· signedCommunity Schoolyards Grant Program
relatesHB 26-1200(2026A)· signedArmed Services Member Motor Vehicle Taxes & Fees
relatesHB 26-1102(2026A)· signedFunding for Colorado DRIVES Account
relatesSB 25-037(2025A)· signedCoal Transition Grants
relatesHB 22-1174(2022A)· signedDepartment of Higher Education Supplemental
relatesSB 23-250(2023A)· signedTransfer From Severance Tax Operations Cash Fund
relatesSB 17-301(2017A)· signedEnergy-related Statutes
relatesSB 24-127(2024A)· signedRegulate Dredged & Fill Material State Waters
relatesSB 25-156(2025A)· signedReducing Costs of State Regulation
relatesHB 24-1435(2024A)· signedColorado Water Conservation Board Projects
relatesSB 25-088(2025A)· signedDepartment of Agriculture Supplemental
relatesHB 26-1150(2026A)· signedDepartment of Agriculture Supplemental
relatesHB 26-1156(2026A)· signedDepartment of Higher Education Supplemental
relatesSB 26-142(2026A)· signedDevelopment of Thermal Energy Resources
relatesSB 24-150(2024A)· signedProcessing of Municipal Solid Waste
relatesSB 23-112(2023A)· signedDepartment of Agriculture Supplemental
relatesSB 23-139(2023A)· signedState Severance Tax Trust Fund Allocation
relatesHB 24-1379(2024A)· signedRegulate Dredge & Fill Activities in State Waters
relatesSB 17-176(2017A)· signedMotor Vehicle License Plate Appropriation
relatesHB 17-1107(2017A)· signedDivision Of Motor Vehicles Colorado Driver's License Record Identification And Vehicle Enterprise System
relatesHB 22-1339(2022A)· signedMerge Department Of Revenue Division Of Motor Vehicles Cash Funds
relatesSB 23-055(2023A)· signedCar Sharing Program Sales Use And Ownership Tax
relatesSB 25-117(2025A)· signedReduce Transportation Costs Imposed by Government
relatesHB 18-1338(2018A)· signedReduced Revenue Severance Tax Operational Fund Transfers
relatesHB 22-1133(2022A)· signedFamily And Medical Leave Insurance Fund
relatesSB 17-260(2017A)· signedSeverance Tax Cash Fund Transfers To General Fund
relatesSB 17-188(2017A)· signedRepeal Income Tax Credit Innovative Motor Vehicles
relatesSB 18-218(2018A)· signedColorado Water Conservation Board Construction Fund Project
relatesSB 23-118(2023A)· signedDepartment of Higher Education Supplemental
relatesSB 25-094(2025A)· signedDepartment of Higher Education Supplemental
relatesHB 24-1192(2024A)· signedDepartment of Local Affairs Supplemental
relatesHB 17-1257(2017A)· signedReporting Requirements By Department Of Natural Resources To General Assembly
relatesHB 23-1103(2023A)· signedSeverance Tax Revenue Distribution
relatesSB 23-285(2023A)· signedEnergy And Carbon Management Regulation In Colorado
relatesSB 23-177(2023A)· signed2023 Colorado Water Conservation Board Water Projects Appropriations
relatesSB 25-040(2025A)· signedFuture of Severance Taxes & Water Funding Task Force
relatesSB 25-317(2025A)· signedTransfer Cash Fund Investment Earnings to General Fund
relatesHB 26-1163(2026A)· signedDepartment of Natural Resources Supplemental
relatesHB 23-1272(2023A)· signedTax Policy That Advances Decarbonization
relatesHB 26-1405(2026A)· signedCash Fund Transfers to General Fund
relatesHB 26-1166(2026A)· signedDepartment of Public Safety Supplemental
relatesHB 26-1161(2026A)· signedDepartment of Local Affairs Supplemental
relatesSB 18-047(2018A)· signedRepeal Tax Credits Innovative Vehicles
relatesHB 24-1367(2024A)· signedRepeal Severance Tax Exemption for Stripper Wells
relatesHB 24-1194(2024A)· signedDepartment of Natural Resources Supplemental
relatesSB 25-283(2025A)· signedFunding Water Conservation Board Projects
relatesHB 22-1043(2022A)· signedMotorcycle And Autocycle Definitions
relatesHB 22-1388(2022A)· signedVehicle Registration And Certificate Of Title
relatesSB 23-049(2023A)· signedSpecial Mobile Machinery Registration Exemption
relatesHB 24-1172(2024A)· signedCounty Revitalization Authorities
relatesSB 25-182(2025A)· signedEmbodied Carbon Reduction
relatesSB 25-258(2025A)· signedTemporarily Reduce Road Safety Surcharge
relatesSB 24-184(2024A)· signedSupport Surface Transportation Infrastructure Development
relatesHB 22-1177(2022A)· signedDepartment of Natural Resources Supplemental
relatesHB 24-1186(2024A)· signedDepartment of Higher Education Supplemental
relatesHB 17-1248(2017A)· signedColorado Water Conservation Board Construction Fund Project
relatesSB 23-126(2023A)· signedDepartment of Natural Resources Supplemental
relatesHB 24-1352(2024A)· signedAppliance Requirements & Incentives
relatesHB 24-1370(2024A)· signedReduce Cost of Use of Natural Gas
relatesHB 24-1180(2024A)· signedDepartment of Agriculture Supplemental
relatesSB 23-238(2023A)· signedSmall Communities Water and Wastewater Grant Fund
relatesHB 17-1047(2017A)· signedReporting Requirements By Department of Local Affairs To General Assembly
relatesHB 22-1179(2022A)· signedDepartment of Public Health & Environment Supplemental
relatesSB 23-128(2023A)· signedDepartment of Public Health & Environment Supplemental
relatesSB 23-016(2023A)· signedGreenhouse Gas Emission Reduction Measures
relatesHB 24-1196(2024A)· signedDepartment of Public Health & Environment Supplemental
relatesSB 25-104(2025A)· signedDepartment of Public Health & Environment Supplemental
relatesSB 25-264(2025A)· signedCash Fund Transfers to the General Fund
relatesHB 26-1165(2026A)· signedDepartment of Public Health & Environment Supplemental
relatesHB 26-1289(2026A)· signedModification of Certain Tax Expenditures
relatesHB 18-1204(2018A)· signedFinancial Responsibility Drivers Motor Vehicles
relatesSB 18-253(2018A)· signedCSTARS Account Transfer To DRIVES Account Effective Date
relatesHB 25-1121(2025A)· signedPermanent Trailer Registration
relatesSB 23-124(2023A)· signedDepartment of Local Affairs Supplemental
repealsSB 23-186(2023A)· signedOil And Gas Commission Study Methane Seepage Raton Basin
repealsSB 24-212(2024A)· signedLocal Govs Renewable Energy Projects
repealsSB 25-102(2025A)· signedDepartment of Natural Resources Supplemental
repealsHB 23-1294(2023A)· signedPollution Protection Measures
repealsSB 22-138(2022A)· signedReduce Greenhouse Gas Emissions In Colorado
repealsHB 17-1248(2017A)· signedColorado Water Conservation Board Construction Fund Project
repealsHB 22-1394(2022A)· signedFund Just Transition Community And Worker Supports
repealsHB 26-1112(2026A)· failedRegulation of Underground Injection Control Wells
repealsSB 25-307(2025A)· signedDecarbonization Tax Credits Administration Cash Fund
repealsHB 18-1338(2018A)· signedReduced Revenue Severance Tax Operational Fund Transfers
repealsSB 23-126(2023A)· signedDepartment of Natural Resources Supplemental
repealsSB 23-285(2023A)· signedEnergy And Carbon Management Regulation In Colorado
repealsHB 22-1391(2022A)· signedModifications To Severance Tax
repealsSB 18-003(2018A)· signedColorado Energy Office
repealsSB 25-317(2025A)· signedTransfer Cash Fund Investment Earnings to General Fund
repealsHB 26-1165(2026A)· signedDepartment of Public Health & Environment Supplemental
repealsHB 24-1346(2024A)· signedEnergy & Carbon Management Regulation
repealsHB 22-1133(2022A)· signedFamily And Medical Leave Insurance Fund
repealsHB 24-1196(2024A)· signedDepartment of Public Health & Environment Supplemental
repealsSB 24-214(2024A)· signedImplement State Climate Goals
repealsSB 17-260(2017A)· signedSeverance Tax Cash Fund Transfers To General Fund
repealsSB 17-301(2017A)· signedEnergy-related Statutes
repealsHB 23-1121(2023A)· signedRepeal Of Infrequently Used Tax Expenditures
repealsHB 22-1348(2022A)· signedOversight Of Chemicals Used In Oil & Gas
repealsHB 26-1163(2026A)· signedDepartment of Natural Resources Supplemental
repealsHB 23-1272(2023A)· signedTax Policy That Advances Decarbonization
repealsHB 24-1410(2024A)· signedChanges to Just Transition Office
repealsSB 25-094(2025A)· signedDepartment of Higher Education Supplemental
repealsHB 22-1177(2022A)· signedDepartment of Natural Resources Supplemental
repealsHB 17-1373(2017A)· failedGeneral Fund Transfers For CO Colorado Energy Office Cash Funds
repealsSB 25-040(2025A)· signedFuture of Severance Taxes & Water Funding Task Force
repealsHB 23-1069(2023A)· signedStudy Biochar In Plugging Of Oil And Gas Wells
repealsSB 24-229(2024A)· signedOzone Mitigation Measures
repealsSB 18-218(2018A)· signedColorado Water Conservation Board Construction Fund Project
repealsSB 23-016(2023A)· signedGreenhouse Gas Emission Reduction Measures
repealsHB 18-1098(2018A)· signedRoll Over Year-end Balance Envtl Response Account
repealsSB 23-128(2023A)· signedDepartment of Public Health & Environment Supplemental
repealsHB 26-1387(2026A)· signedSeverance Tax Fund Expenditures
repealsHB 24-1419(2024A)· signedTransfer to Stationary Sources Control Fund
repealsHB 23-1103(2023A)· signedSeverance Tax Revenue Distribution
repealsSB 18-063(2018A)· signedOil Gas Higher Financial Assurance Reclamation Requirements
repealsHB 22-1179(2022A)· signedDepartment of Public Health & Environment Supplemental
repealsHB 23-1242(2023A)· signedWater Conservation In Oil And Gas Operations
repealsHB 24-1194(2024A)· signedDepartment of Natural Resources Supplemental
repealsSB 24-185(2024A)· signedProtections Mineral Interest Owners Forced Pooling
repealsSB 25-104(2025A)· signedDepartment of Public Health & Environment Supplemental
repealsSB 25-283(2025A)· signedFunding Water Conservation Board Projects
Affected by (9)
amendsHB 26-1289(2026A)· signedModification of Certain Tax Expenditures
relatesHB 26-1200(2026A)· signedArmed Services Member Motor Vehicle Taxes & Fees
relatesHB 26-1112(2026A)· failedRegulation of Underground Injection Control Wells
relatesHB 26-1102(2026A)· signedFunding for Colorado DRIVES Account
relatesSB 26-142(2026A)· signedDevelopment of Thermal Energy Resources
relatesHB 26-1387(2026A)· signedSeverance Tax Fund Expenditures
repealsHB 26-1405(2026A)· signedCash Fund Transfers to General Fund
Votes
BILL
2026-04-16 · House · pass — Yes: — · No: — · Other: —
Refer House Bill 26-1362 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
2026-04-14 · Senate · pass — Yes: — · No: — · Other: —
Refer House Bill 26-1362 to the Committee of the Whole.
2026-04-07 · House · pass — Yes: — · No: — · Other: —