SB 2 CO

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Became Law

The act requires an investor-owned utility (utility) to establish a percentage-of-income payment plan program (PIPP program) to assist income-qualified residential utility customers with utility costs. An income-qualified utility customer is eligible for the PIPP program if the customer meets the income eligibility criteria, lives in the service area of the utility, and either submits an application to the utility or is referred by another income-eligible assistance program offered by the department of human services, the Colorado energy office, or another energy assistance program approved by the public utilities commission (commission). A utility must approve or deny a customer's application for participation in the PIPP program within 30 days.     The utility bill for a customer enrolled in a utility's PIPP program is capped at a specific percentage of the customer's household income, typically ranging from 2% to 6% of the customer's household income depending on the heating source provided and the size of the utility. The difference between a customer's actual utility bill and their PIPP program bill is covered by a fixed credit, which can be an up-front annual credit or an equal monthly credit to the customer's utility bill. The act also establishes arrearage credits for customers in the PIPP program, which are applied to eliminate a customer's preexisting debt prior to the customer's enrollment in the PIPP program.     A utility's PIPP program is funded through a 'PIPP charge' itemized on all customer bills. The amount of the PIPP charge is established by the commission by rule for the utility. A utility must submit an annual report related to the utility's PIPP program to the commission. The report must include the following information:The PIPP charge revenue collected by the utility;Any amount contributed to the PIPP program by the utility from shareholder profits;A calculation of administrative costs associated with implementing and administering the PIPP program;The amount of fixed monthly or annual credits provided to customers in the utility's PIPP program; andThe amount of arrearage credits provided to customers in the PIPP program.      The act exempts products fueled by propane and products used exclusively for installation in manufactured homes from emissions standards adopted by the Colorado department of public health and environment related to heating and water heating appliances until January 1, 2031.     The act extends the deadline by which money in the 'Infrastructure Investment and Jobs Act' cash fund may be appropriated from July 1, 2028, until July 1, 2031.(Note: This summary applies to this bill as enacted.)

• T. Exum Democratic · sponsor
• C. Kipp Democratic · sponsor
• E. Velasco Democratic · sponsor
• J. Willford Democratic · sponsor

1. Jun 2, 2026 Governor Signed · executive
2. May 21, 2026 Sent to the Governor · executive
3. May 21, 2026 Signed by the Speaker of the House · lower
4. May 21, 2026 Signed by the President of the Senate · upper
5. May 13, 2026 Senate Considered House Amendments - Result was to Concur - Repass · upper
6. May 12, 2026 House Third Reading Passed - No Amendments · lower
7. May 11, 2026 House Second Reading Special Order - Passed with Amendments - Floor · lower
8. May 5, 2026 House Second Reading Laid Over Daily - No Amendments · lower
9. Apr 30, 2026 House Committee on Energy & Environment Refer Unamended to House Committee of the Whole · lower
10. Apr 20, 2026 Introduced In House - Assigned to Energy & Environment · lower
11. Apr 17, 2026 Senate Third Reading Passed - No Amendments · upper
12. Apr 16, 2026 Senate Second Reading Passed with Amendments - Committee, Floor · upper
13. Apr 14, 2026 Senate Second Reading Laid Over to 04/16/2026 - No Amendments · upper
14. Apr 10, 2026 Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole · upper
15. Mar 11, 2026 Senate Committee on Transportation & Energy Refer Amended to Appropriations · upper
16. Jan 14, 2026 Introduced In Senate - Assigned to Transportation & Energy · upper