CatallaxCore
← Back to bills

HB 26-1362

signed

Repeal Decarbonization Tax Credits Administration Fund

Plain-English Summary

AI-generated

House 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 ↗

Sponsors

Topics

State GovernmentState Revenue & Budget

Related Legislation

This bill affects (31)

amends
HB 24-1339(2024A)· signed
Disproportionately Impact Community Air Pollution
amends
HB 25-1277(2025A)· signed
Increasing Transparency Impact of Fuel Products
amends
HB 23-1272(2023A)· signed
Tax Policy That Advances Decarbonization
amends
HB 24-1450(2024A)· signed
Revisor's Bill
amends
SB 25-104(2025A)· signed
Department of Public Health & Environment Supplemental
amends
SB 22-138(2022A)· signed
Reduce Greenhouse Gas Emissions In Colorado
amends
SB 22-193(2022A)· signed
Air Quality Improvement Investments
amends
SB 25-264(2025A)· signed
Cash Fund Transfers to the General Fund
amends
HB 26-1165(2026A)· signed
Department of Public Health & Environment Supplemental
amends
HB 26-1153(2026A)· signed
Department of Education Supplemental
amends
HB 24-1183(2024A)· signed
Department of Education Supplemental
amends
SB 25-091(2025A)· signed
Dept of Education Supplemental
amends
SB 19-096(2019A)· signed
Collect Long-term Climate Change Data
amends
SB 24-214(2024A)· signed
Implement State Climate Goals
amends
HB 24-1346(2024A)· signed
Energy & Carbon Management Regulation
amends
SB 25-156(2025A)· signed
Reducing Costs of State Regulation
amends
SB 23-016(2023A)· signed
Greenhouse Gas Emission Reduction Measures
amends
HB 23-1294(2023A)· signed
Pollution Protection Measures
relates
SB 25-040(2025A)· signed
Future of Severance Taxes & Water Funding Task Force
relates
SB 25-182(2025A)· signed
Embodied Carbon Reduction
relates
SB 24-214(2024A)· signed
Implement State Climate Goals
relates
HB 23-1251(2023A)· signed
Repeal Of Obsolete Provisions In Title 39
relates
HB 24-1450(2024A)· signed
Revisor's Bill
relates
SB 18-047(2018A)· signed
Repeal Tax Credits Innovative Vehicles
relates
HB 23-1272(2023A)· signed
Tax Policy That Advances Decarbonization
relates
HB 24-1352(2024A)· signed
Appliance Requirements & Incentives
relates
SB 17-188(2017A)· signed
Repeal Income Tax Credit Innovative Motor Vehicles
relates
HB 19-1159(2019A)· signed
Modify Innovative Motor Vehicle Income Tax Credits
relates
SB 17-301(2017A)· signed
Energy-related Statutes
relates
HB 22-1391(2022A)· signed
Modifications To Severance Tax
relates
HB 24-1367(2024A)· signed
Repeal Severance Tax Exemption for Stripper Wells

Affected by (2)

amends
HB 26-1289(2026A)· signed
Modification of Certain Tax Expenditures
repeals
SB 26-169(2026A)· signed
Revisor's Bill

Votes

BILL
2026-04-16 · House · passYes: · 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 · passYes: · No: · Other:
Refer House Bill 26-1362 to the Committee of the Whole.
2026-04-07 · House · passYes: · No: · Other: