Judy Amabile
- Democratic
- Senator
- District 18
Primary
For state fiscal years 2023-24 through 2026-27, current law requires the state treasurer to credit to the decarbonization tax credits administration cash fund (fund) oil and gas severance tax revenue equal to the amount attributable to the decreased severance tax credit allowed for oil and gas production for tax years 2024 through 2026. For state fiscal years 2024-25 and 2025-26, section 2 of the act specifies that the amount of oil and gas severance tax revenue credited to the fund shall not exceed the net revenue from the oil and gas severance tax collection. Section 3 requires the state treasurer to transfer $2,500,000 from the energy and carbon management cash fund to the fund on June 30, 2025. Section 1 requires the state treasurer to transfer $2,500,000 from the fund to the energy and carbon management cash fund on January 1, 2026. (Note: This summary applies to this bill as enacted.)
Governor Signed
Signed by the Speaker of the House
Signed by the President of the Senate
Sent to the Governor
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed - No Amendments
House Committee on Appropriations Refer Unamended to House Committee of the Whole
Senate Third Reading Passed - No Amendments
Senate Second Reading Special Order - Passed - No Amendments
Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
| Bill Text Versions | Format |
|---|---|
| Signed Act (06/03/2025) | |
| Final Act (05/13/2025) | |
| Rerevised (05/01/2025) | |
| Revised (04/30/2025) | |
| Reengrossed (04/28/2025) | |
| Engrossed (04/25/2025) | |
| Introduced (04/23/2025) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note SA1 (04/24/2025) | |
| Fiscal Note SA2 (04/29/2025) | |
| Fiscal Note FN1 (04/29/2025) |
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.