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Transfer of Unsold Insurance Premium Tax Credits

It became law on Jun 1, 2026.

CO HB 1346 · House Bill · 2026A

Stage
Became law
Started in
House
Sponsors
15
Latest action
Jun 1, 2026

What it does

In 2025, the general assembly authorized the department of the treasury (department) to sell insurance premium tax credits (tax credits) to insurance companies that incur state premium tax liability.     The act allows the department, following the department's application process for insurance companies to purchase tax credits from the department, to sell tax credits to other entities that contract with the department. An entity that contracts with the department to purchase tax credits may transfer the tax credits once to an insurance company. The insurance company is not permitted to further transfer the tax credits following the transfer to the insurance company.(Note: This summary…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jun 1, 2026

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Colorado.

Work with this bill

Transfer of Unsold Insurance Premium Tax Credits | 52