HB 22-1026 CO

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Became Law

The act replaces an existing income tax deduction for expenses incurred by employers when providing alternative transportation options to employees with a refundable income tax credit of 50% of such expenses for such employers, including local government employers, subject to the limitations that the maximum amount spent in any income tax year for which an employer may claim a credit is $250,000 and that the maximum amount spent in any income tax year for any one employee for which an employer may claim a credit is $2,000 dollars. For purposes of the act, alternative transportation options means free or partially subsidized, generally accepted transportation demand management strategies, including but not limited to ridesharing arrangements, provision of ridesharing vans or low-speed conveyances such as human-powered or electric bicycles, shared micromobility options such as bikesharing and electric scooter sharing programs, carsharing programs, and guaranteed ride home programs. The credit is allowed for income tax years beginning on or after January 1, 2023, but before January 1, 2025. $93,758 is appropriated from the general fund to the department of revenue for implementation of the act. (Note: This summary applies to this bill as enacted.)

• Shannon Bird · primary
• Dan Woog Republican · primary
• Chris Hansen · primary
• Larry Liston Republican · primary

1. Jun 7, 2022 Governor Signed · executive
2. May 31, 2022 Sent to the Governor · executive
3. May 31, 2022 Signed by the President of the Senate · upper
4. May 26, 2022 Signed by the Speaker of the House · lower
5. May 11, 2022 House Considered Senate Amendments - Result was to Concur - Repass · lower
6. May 10, 2022 Senate Third Reading Passed - No Amendments · upper
7. May 9, 2022 Senate Second Reading Special Order - Passed with Amendments - Committee · upper
8. May 9, 2022 Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole · upper
9. May 9, 2022 Senate Committee on Finance Refer Amended to Appropriations · upper
10. May 4, 2022 Introduced In Senate - Assigned to Finance · upper
11. May 4, 2022 House Third Reading Passed - No Amendments · lower
12. May 3, 2022 House Second Reading Passed with Amendments - Committee, Floor · lower
13. May 2, 2022 House Second Reading Special Order - Laid Over Daily - No Amendments · lower
14. Apr 29, 2022 House Committee on Appropriations Refer Amended to House Committee of the Whole · lower
15. Feb 3, 2022 House Committee on Finance Refer Amended to Appropriations · lower
16. Jan 12, 2022 Introduced In House - Assigned to Finance · lower

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

• Signed Act (06/07/2022) · PDF
• Final Act (05/31/2022) · PDF
• Rerevised (05/10/2022) · PDF
• Revised (05/09/2022) · PDF
• Reengrossed (05/04/2022) · PDF
• Engrossed (05/03/2022) · PDF
• Introduced (01/12/2022) · PDF
• PA3 (05/09/2022) · PDF
• PA2 (04/30/2022) · PDF
• PA1 (02/04/2022) · PDF
• Committee Amendment · PDF