Shannon Bird
- Democratic
- Representative
- District 29
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.)
Governor Signed
Sent to the Governor
Signed by the President of the Senate
Signed by the Speaker of the House
House Considered Senate Amendments - Result was to Concur - Repass
Senate Third Reading Passed - No Amendments
Senate Second Reading Special Order - Passed with Amendments - Committee
Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
Senate Committee on Finance Refer Amended to Appropriations
House Third Reading Passed - No Amendments
House Second Reading Passed with Amendments - Committee, Floor
House Second Reading Special Order - Laid Over Daily - No Amendments
House Committee on Appropriations Refer Amended to House Committee of the Whole
House Committee on Finance Refer Amended to Appropriations
Bill Text Versions | Format |
---|---|
Signed Act (06/07/2022) | |
Final Act (05/31/2022) | |
Rerevised (05/10/2022) | |
Revised (05/09/2022) | |
Reengrossed (05/04/2022) | |
Engrossed (05/03/2022) | |
Introduced (01/12/2022) | |
PA3 (05/09/2022) | |
PA2 (04/30/2022) | |
PA1 (02/04/2022) | |
Committee Amendment |
Document | Format |
---|---|
Fiscal Note SA1 (04/29/2022) | |
Fiscal Note SA2 (05/09/2022) | |
Fiscal Note FN1 (01/20/2022) | |
Fiscal Note FN2 (05/06/2022) | |
Fiscal Note FN3 (08/23/2022) |
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.