Dylan Roberts
- Democratic
- Senator
- District 8
Primary
The act creates the future of severance taxes and water funding task force (task force). The department of natural resources is required to contract with a third party to conduct a study on severance taxes and water funding and develop recommendations for ways to continue funding water needs and energy impact grants in the face of decreasing severance tax revenue (study). The study must focus on identifying ways to alleviate the need to transfer revenues derived from severance taxes to the general fund and to replace severance tax revenue that was previously transferred to the general fund. The purpose of the task force is to work with the third party to conduct the study and develop recommendations. No later than January 15, 2026, the third party must submit a draft report, detailing the results of the study and any recommendations, to the department of natural resources and the task force for review. The task force is required to provide input on the draft report. No later than July 15, 2026, the third party must submit a final report, which incorporates the input of the task force, to the water resources and agriculture review committee (committee). The task force must present the final report to the committee during the 2026 legislative interim. The act changes the manner in which a credit allowed against severance tax in taxable years commencing January 1, 2026, but prior to January 1, 2028, is calculated. For the 2025-26 state fiscal year, $198,592 is appropriated from the severance tax operational fund to the department of natural resources to implement the act. (Note: This summary applies to this bill as enacted.)
Governor Signed
Signed by the Speaker of the House
Sent to the Governor
Signed by the President of the Senate
Senate Considered House Amendments - Result was to Concur - Repass
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Floor
House Committee on Appropriations Refer Unamended to House Committee of the Whole
House Committee on Agriculture, Water & Natural Resources Refer Unamended to Appropriations
Introduced In House - Assigned to Agriculture, Water & Natural Resources
Senate Third Reading Passed - No Amendments
Senate Second Reading Special Order - Passed with Amendments - Committee, Floor
Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole
Senate Committee on Agriculture & Natural Resources Refer Amended to Appropriations
Introduced In Senate - Assigned to Agriculture & Natural Resources
| Bill Text Versions | Format |
|---|---|
| Signed Act (05/15/2025) | |
| Final Act (05/12/2025) | |
| Rerevised (05/02/2025) | |
| Revised (05/01/2025) | |
| Reengrossed (04/15/2025) | |
| Engrossed (04/14/2025) | |
| Introduced (01/08/2025) | |
| PA2 (04/11/2025) | |
| PA1 (01/30/2025) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note SA1 (04/09/2025) | |
| Fiscal Note SA2 (04/30/2025) | |
| Fiscal Note FN1 (01/13/2025) | |
| Fiscal Note FN2 (03/06/2025) | |
| Fiscal Note FN3 (04/23/2025) | |
| Fiscal Note FN4 (08/04/2025) |
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.