Repeal Decarbonization Tax Credits Administration Fund
Summary
Colorado Governor signed HB1362 into law on April 2, 2026, repealing the decarbonization tax credits administration cash fund. The bill was sponsored by bipartisan legislators including Representatives Sirota, Taggart, and Brown, and referred to the Appropriations Committee. This action eliminates the state fund used to administer decarbonization tax credit programs.
What changed
HB1362 repeals the decarbonization tax credits administration cash fund established under prior Colorado law. The bill was introduced in the 2026 Regular Session and signed by the Governor on April 2, 2026. Sponsors include Representatives Emily Sirota, Rick Taggart, Kyle Brown, and Senator Jeff Bridges.
Entities that previously utilized or planned to utilize decarbonization tax credits should verify whether existing credits remain valid or if alternative state incentive programs exist. The repeal removes the administrative funding mechanism for these credits rather than the credits themselves.
What to do next
- Review current decarbonization projects for alternative funding sources
- Verify status of any pending tax credit applications under the repealed fund
Source document (simplified)
ChangeBridge / Colorado / HB1362 Signed by Governor HB1362 House Bill Signed by Governor 2026-04-02
Repeal Decarbonization Tax Credits Administration Fund
Concerning the repeal of the decarbonization tax credits administration cash fund.
Bill Details
State Colorado
Session 2026 Regular Session
Chamber House
Committee Appropriations
Official Source leg.colorado.gov/bills/HB26-1362
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Sponsors
Emily Sirota (Rep - D) Rick Taggart (Rep - R) Jeff Bridges (Sen - D) Barbara Kirkmeyer (Sen - R) Kyle Brown (Rep - D) Judith Amabile (Sen - D)
Action History
2026-04-02 H Introduced In House - Assigned to Appropriations
Committee Referrals
2026-04-02 H Appropriations
Bill Text Versions
1969-12-31 Introduced
Subjects
State Government State Revenue & Budget Legislative data powered by LegiScan (CC BY 4.0)
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