CO SB026

Eliminates excise tax refunds/credits for alcohol beverages rendered unsalable due to destruction or damage after December 31, 2025, with the entire provision repealing December 31, 2030

Extends the 10% income tax credit for residential energy storage system installations from January 1, 2025 to January 1, 2027, with full repeal delayed from January 1, 2028 to January 1, 2030

Expands the wholesale sale definition to include agricultural compounds (soil conditioners, plant amendments, mulches, compost, manure, fish/fish eggs) for tax years beginning January 1, 2026, exempting these from sales tax when used in agricultural production

Extends the biotechnology sales and use tax refund program from January 1, 2026 to January 1, 2027 for qualified taxpayers using tangible personal property in biotechnology research and development

Removes the "sufficient excess state revenues" condition for qualified-senior primary residence property tax valuation assessments for property tax years 2025-2027, and appropriates $13,137 to the Department of Revenue for implementation