Colorado · 2025 Regular Session · Bill
HB 25-1311: Deductions for Net Sports Betting Proceeds
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 25-1311 is a bill introduced in the Colorado House on March 28, 2025. According to its official title, it concerns: Deductions for Net Sports Betting Proceeds. Primary sponsor: Dylan Roberts (Democratic), Matt Soper (Republican), Julie McCluskie (Democratic). It lists 13 additional sponsors. Most recent recorded action (May 15, 2025): Governor Signed.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
As approved by voters in 2019, a tax of 10% is imposed on net sports betting proceeds. For the purpose of calculating its net sports betting proceeds, a sports betting operator or internet sports betting operator (sports betting operator) has been allowed to deduct all payments to players, all federal excise taxes paid, and a certain percentage of free bets placed by players as follows: Between July 1, 2025, and June 30, 2026, no more than 2% of total free bets placed each month; and On and after July 1, 2026, no more than 1.75% of total free bets placed each month. The act alters the percentage of free bets that a sports betting operator is allowed to deduct so that: Between July 1, 2025, and December 31, 2025, no more than 2% of total free bets placed each month may be deducted; and Between January 1, 2026, and June 30, 2026, no more than 1% of total free bets placed each month may be deducted. Beginning on July 1, 2026, the act removes the deduction for all free bets placed. For the 2025-2026 state fiscal year, $17,135 is appropriated from the sports betting fund to the department of revenue for personal services and tax administration IT system support. (Note: This summary applies to this bill as enacted.)
Sponsors
Sponsors by party (alphabetical): Democratic 15 · Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Dylan Roberts | Primary sponsor | Democratic | Senate | 8 |
| Matt Soper | Primary sponsor | Republican | House | 54 |
| Julie McCluskie | Primary sponsor | Democratic | House | 13 |
| Judy Amabile | Co-sponsor | Democratic | Senate | 18 |
| Jennifer Bacon | Co-sponsor | Democratic | House | 7 |
| Andy Boesenecker | Co-sponsor | Democratic | House | 53 |
| Jeff Bridges | Co-sponsor | Democratic | Senate | 26 |
| Chad Clifford | Co-sponsor | Democratic | House | 37 |
| Monica Duran | Co-sponsor | Democratic | House | 23 |
| Cathy Kipp | Co-sponsor | Democratic | Senate | 14 |
| Karen McCormick | Co-sponsor | Democratic | House | 11 |
| Lesley Smith | Co-sponsor | Democratic | House | 49 |
| Marc Snyder | Co-sponsor | Democratic | Senate | 12 |
| Mike Weissman | Co-sponsor | Democratic | Senate | 28 |
| Steven Woodrow | Co-sponsor | Democratic | House | 2 |
| Yara Zokaie | Co-sponsor | Democratic | House | 52 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Governor Signed
- Signed by the Speaker of the House
- Signed by the President of the Senate
- Sent to the Governor
- House Considered Senate Amendments - Result was to Concur - Repass
- Senate Third Reading Passed - No Amendments
- House Considered Senate Amendments - Result was to Laid Over Daily
- Senate Third Reading Laid Over Daily - No Amendments
- Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
- Senate Second Reading Special Order - Passed with Amendments - Committee
- Senate Committee on Finance Refer Amended to Appropriations
- Introduced In Senate - Assigned to Finance
Showing 12 most recent of 17 actions. Full history