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CO HB1269

Bill

Status

Passed

5/20/2025

Primary Sponsor

Alex Valdez

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Creates the Building Decarbonization Enterprise within the Colorado Energy Office to provide technical assistance, financing, and support for covered building owners to meet energy benchmarking and performance standard requirements

  • Imposes a $400 annual building decarbonization fee on covered building owners beginning November 1, 2025, with future adjustments allowed only for inflation; public building owners are exempt from the fee

  • Establishes a 9-member Board of Directors to administer the enterprise, with 6 members appointed by the Governor including representatives from residential buildings, commercial buildings, energy efficiency experts, local government, and utilities

  • Requires a task force to be convened by July 1, 2027 to review benchmarking data and recommend 2040 performance standards to the Division by July 1, 2028, aligned with Colorado's net-zero greenhouse gas emission reduction goals

  • Appropriates $3,000,000 from the Building Decarbonization Enterprise Cash Fund to the Colorado Energy Office for FY 2025-26 to implement the enterprise

Legislative Description

Building Decarbonization Measures

Energy

Last Action

Governor Signed

5/20/2025

Committee Referrals

Appropriations4/29/2025
Finance4/24/2025
Committee of the Whole4/11/2025
Appropriations3/27/2025
Finance3/6/2025
Energy & Environment2/18/2025

Full Bill Text

No bill text available