HB 22-1026

  • Colorado House Bill
  • 2022 Regular Session
  • Introduced in House May 04, 2022
  • Passed House May 04, 2022
  • Passed Senate May 10, 2022
  • Signed by Governor Jun 07, 2022

Alternative Transportation Options Tax Credit

Abstract

The act replaces an existing income tax deduction for expenses incurred by employers when providing alternative transportation options to employees with a refundable income tax credit of 50% of such expenses for such employers, including local government employers, subject to the limitations that the maximum amount spent in any income tax year for which an employer may claim a credit is $250,000 and that the maximum amount spent in any income tax year for any one employee for which an employer may claim a credit is $2,000 dollars. For purposes of the act, alternative transportation options means free or partially subsidized, generally accepted transportation demand management strategies, including but not limited to ridesharing arrangements, provision of ridesharing vans or low-speed conveyances such as human-powered or electric bicycles, shared micromobility options such as bikesharing and electric scooter sharing programs, carsharing programs, and guaranteed ride home programs. The credit is allowed for income tax years beginning on or after January 1, 2023, but before January 1, 2025. $93,758 is appropriated from the general fund to the department of revenue for implementation of the act. (Note: This summary applies to this bill as enacted.)

Bill Sponsors (4)

Votes


Actions


Jun 07, 2022

Office of the Governor

Governor Signed

May 31, 2022

Office of the Governor

Sent to the Governor

Senate

Signed by the President of the Senate

May 26, 2022

House

Signed by the Speaker of the House

May 11, 2022

House

House Considered Senate Amendments - Result was to Concur - Repass

May 10, 2022

Senate

Senate Third Reading Passed - No Amendments

May 09, 2022

Senate

Senate Second Reading Special Order - Passed with Amendments - Committee

Senate

Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole

  • Committee-Passage
  • Referral-Committee
Appropriations Senate Committee of the Whole

Senate

Senate Committee on Finance Refer Amended to Appropriations

  • Referral-Committee
Appropriations Finance

May 04, 2022

Senate

Introduced In Senate - Assigned to Finance

  • Introduction
Finance

House

House Third Reading Passed - No Amendments

May 03, 2022

House

House Second Reading Passed with Amendments - Committee, Floor

May 02, 2022

House

House Second Reading Special Order - Laid Over Daily - No Amendments

Apr 29, 2022

House

House Committee on Appropriations Refer Amended to House Committee of the Whole

  • Committee-Passage
  • Referral-Committee
House Committee of the Whole Appropriations

Feb 03, 2022

House

House Committee on Finance Refer Amended to Appropriations

  • Referral-Committee
Appropriations Finance

Jan 12, 2022

House

Introduced In House - Assigned to Finance

  • Introduction
Finance

Bill Text

Bill Text Versions Format
Signed Act (06/07/2022) PDF
Final Act (05/31/2022) PDF
Rerevised (05/10/2022) PDF
Revised (05/09/2022) PDF
Reengrossed (05/04/2022) PDF
Engrossed (05/03/2022) PDF
Introduced (01/12/2022) PDF
PA3 (05/09/2022) PDF
PA2 (04/30/2022) PDF
PA1 (02/04/2022) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note SA1 (04/29/2022) PDF
Fiscal Note SA2 (05/09/2022) PDF
Fiscal Note FN1 (01/20/2022) PDF
Fiscal Note FN2 (05/06/2022) PDF
Fiscal Note FN3 (08/23/2022) PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.