Colorado Bill Corrects Technical Defects in Revenue Statutes

Detected March 10th, 2026

Summary

Colorado HB26-1216 corrects technical defects and incorrect cross-references in statutes administered by the Department of Revenue. The bill clarifies conditions for tax credits, updates cross-references for fuel taxes and fees, and adjusts grant amounts for property tax and rent assistance.

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What changed

Colorado House Bill 26-1216, introduced in the 2026 Regular Session, aims to correct technical defects and outdated cross-references within statutes managed by the Department of Revenue. Key amendments include refining the conditions for claiming refundable income tax credits for certain businesses, updating statutory references related to gas and special fuels tax collection, and clarifying the amounts claimable for property tax/rent assistance and heat/fuel expenses grants based on the claim year. Additionally, definitions for electric and hybrid vehicles will be removed from the high-performance transportation enterprise statute as they are not utilized.

This bill represents a minor technical correction to existing statutes. While it does not introduce new obligations or penalties, regulated entities and taxpayers should be aware of the clarifications to tax credits, fee statutes, and grant assistance programs. The changes are intended to improve statutory conformity and drafting practices. No specific compliance deadline is mentioned as these are technical corrections to existing law.

What to do next

Review amendments to conditions for refundable income tax credits.
Note updated cross-references for gas and special fuels tax statutes.
Clarify eligibility for property tax/rent assistance and heat/fuel expense grants based on claim year.

Source document (simplified)

HB26-1216

Correcting Defects in Statutes Administered by Department of Revenue

| Type | Bill |
| --- | --- |
| Session | 2026 Regular Session |
| Subjects | Business & Economic Development Energy State Government State Revenue & Budget Transportation & Motor Vehicles |
Concerning the correction of technical defects in certain statutes administered by the department of revenue.

Recent Bill (PDF) Recent Fiscal Note (PDF) Bill Summary:

Statutory Revision Committee. Current law in certain statutes administered by the department of revenue contains several technical defects and incorrect statutory cross-references. The bill corrects these technical defects and incorrect cross-references as follows:

Section 1 of the bill amends the list of conditions a taxpayer must meet to claim a refundable income tax credit for certain businesses located in the state so that the list of conditions terminates correctly and conforms with standard drafting practices;
Sections 2 and 4 correct outdated cross-references in the statute governing the collection of gas and special fuels tax and the statute governing the road usage fee and bridge and tunnel impact fee;
Section 3 clarifies the amount that can be claimed for a property tax or rent assistance grant and a heat or fuel expenses assistance grant based on the year the claim was made; and
Section 5 removes the definitions for "battery electric motor vehicle" and "plug-in hybrid electric motor vehicle" from the statute that creates the high-performance transportation enterprise, as those defined terms do not otherwise appear in the statute. (Note: This summary applies to this bill as introduced.)