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CO SB307

Bill

Status

Passed

6/3/2025

Primary Sponsor

Judith Amabile

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Transfers $2.5 million from the Energy and Carbon Management Cash Fund to the Decarbonization Tax Credits Administration Cash Fund on June 30, 2025

  • Transfers $2.5 million back from the Decarbonization Tax Credits Administration Cash Fund to the Energy and Carbon Management Cash Fund on January 1, 2026

  • Caps money credited to the Decarbonization Tax Credits Administration Cash Fund at the net revenue from oil and gas severance tax collection for fiscal years 2024-25 and 2025-26

  • Severance tax revenue allocation provisions repeal effective December 31, 2036

Legislative Description

Decarbonization Tax Credits Administration Cash Fund

Fiscal Policy & Taxes

Last Action

Governor Signed

6/3/2025

Committee Referrals

Appropriations4/28/2025
Appropriations4/23/2025

Full Bill Text

No bill text available