CO HB1056

Requires third-party analysts reviewing regional tourism project applications to assess revenue assumptions, calculate total sales tax increments, determine individual county/municipality tax increment eligibility in multi-party applications, and evaluate project viability without tax increment financing.

Changes the threshold for sales tax revenue attribution from "nonresidents of the regional tourism zone" to "nonresidents of the state," broadening the scope of qualifying transactions.

Shifts application fee payment from applicants paying analysts directly to the Office of State Planning and Budgeting charging an application fee to cover analyst costs.

Requires the Colorado Office of Economic Development director to solicit and consider input from the Colorado Tourism Office and relevant counties and municipalities when reviewing and recommending regional tourism project applications.

Directs the commission to consider the third-party analyst report, applicant data, public comments, and testimony when making final approval decisions on applications.