Colorado · 2025 Regular Session · Bill
SB 25-307: Decarbonization Tax Credits Administration Cash Fund
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 25-307 is a bill introduced in the Colorado Senate on April 23, 2025. According to its official title, it concerns: Decarbonization Tax Credits Administration Cash Fund. Primary sponsor: Shannon Bird, Emily Sirota (Democratic), Jeff Bridges (Democratic), Judy Amabile (Democratic). It lists 5 additional sponsors. Most recent recorded action (June 3, 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.
For state fiscal years 2023-24 through 2026-27, current law requires the state treasurer to credit to the decarbonization tax credits administration cash fund (fund) oil and gas severance tax revenue equal to the amount attributable to the decreased severance tax credit allowed for oil and gas production for tax years 2024 through 2026. For state fiscal years 2024-25 and 2025-26, section 2 of the act specifies that the amount of oil and gas severance tax revenue credited to the fund shall not exceed the net revenue from the oil and gas severance tax collection. Section 3 requires the state treasurer to transfer $2,500,000 from the energy and carbon management cash fund to the fund on June 30, 2025. Section 1 requires the state treasurer to transfer $2,500,000 from the fund to the energy and carbon management cash fund on January 1, 2026. (Note: This summary applies to this bill as enacted.)
Sponsors
Sponsors by party (alphabetical): Democratic 6 · Republican 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Shannon Bird | Primary sponsor | Not applicable (committee) | — | — |
| Emily Sirota | Primary sponsor | Democratic | House | 9 |
| Jeff Bridges | Primary sponsor | Democratic | Senate | 26 |
| Judy Amabile | Primary sponsor | Democratic | Senate | 18 |
| Kyle Brown | Co-sponsor | Democratic | House | 12 |
| Junie Joseph | Co-sponsor | Democratic | House | 10 |
| Barbara Kirkmeyer | Co-sponsor | Republican | Senate | 23 |
| Julie McCluskie | Co-sponsor | Democratic | House | 13 |
| Rick Taggart | Co-sponsor | Republican | House | 55 |
“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
- Sent to the Governor
- Signed by the President of the Senate
- Signed by the Speaker of the House
- House Third Reading Passed - No Amendments
- House Committee on Appropriations Refer Unamended to House Committee of the Whole
- House Second Reading Special Order - Passed - No Amendments
- Senate Third Reading Passed - No Amendments
- Introduced In House - Assigned to Appropriations
- Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
- Senate Second Reading Special Order - Passed - No Amendments
- Introduced In Senate - Assigned to Appropriations