Julie McCluskie
- Democratic
- Representative
- District 13
Primary
As approved by voters in 2019, a tax of 10% is imposed on net sports betting proceeds. For the purpose of calculating its net sports betting proceeds, a sports betting operator or internet sports betting operator (sports betting operator) has been allowed to deduct all payments to players, all federal excise taxes paid, and a certain percentage of free bets placed by players as follows: Between July 1, 2025, and June 30, 2026, no more than 2% of total free bets placed each month; and On and after July 1, 2026, no more than 1.75% of total free bets placed each month. The act alters the percentage of free bets that a sports betting operator is allowed to deduct so that: Between July 1, 2025, and December 31, 2025, no more than 2% of total free bets placed each month may be deducted; and Between January 1, 2026, and June 30, 2026, no more than 1% of total free bets placed each month may be deducted. Beginning on July 1, 2026, the act removes the deduction for all free bets placed. For the 2025-2026 state fiscal year, $17,135 is appropriated from the sports betting fund to the department of revenue for personal services and tax administration IT system support. (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
House Considered Senate Amendments - Result was to Laid Over Daily
Senate Third Reading Passed - No Amendments
Senate Third Reading Laid Over Daily - 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 Special Order - Passed with Amendments - Committee
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 (05/15/2025) | |
| Final Act (05/12/2025) | |
| Rerevised (05/06/2025) | |
| Revised (05/02/2025) | |
| Reengrossed (04/28/2025) | |
| Engrossed (04/25/2025) | |
| Introduced (03/28/2025) | |
| PA3 (05/01/2025) | |
| PA2 (04/25/2025) | |
| PA1 (04/23/2025) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note SA1 (04/24/2025) | |
| Fiscal Note SA2 (05/01/2025) | |
| Fiscal Note FN1 (04/03/2025) | |
| Fiscal Note FN2 (04/23/2025) | |
| Fiscal Note FN3 (04/30/2025) | |
| Fiscal Note FN4 (07/14/2025) |
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.