Senate Committee of Reference Report
Committee on Finance
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All text that will be removed from the bill will be indicated by strikethrough as follows:
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This is text that is removed from law. -
Text that is added to a bill will be indicated by either all capitals or bold & italic as follows:
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- This all capitals text would be added to law.
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May 7, 2026
After consideration on the merits, the Committee recommends the following:
HB26-1289 be amended as follows, and as so amended, be referred to the Committee on Appropriations with favorable recommendation:
Page 1, Line 1Amend reengrossed bill, page 47, line 9, after "percent," insert "but no
Page 1, Line 2greater than one hundred percent,".
Page 1, Line 3Page 67, line 2, strike "Curacºao," and substitute "Curaçao,".
Page 1, Line 4Page 70, strike lines 23 through 27.
Page 1, Line 5Strike pages 71 and 72.
Page 1, Line 6Page 73, strike lines 1 through 3.
Page 1, Line 7Renumber succeeding sections accordingly.
Page 1, Line 8Page 73, after line 3 insert:
Page 1, Line 9"SECTION 37. In Colorado Revised Statutes, 39-22-546, amend
Page 1, Line 10(3)(a) introductory portion and (7) as follows:
Page 1, Line 1139-22-546. Credit against tax - residential energy storage
Page 1, Line 12systems - tax preference performance statement - legislative
Page 1, Line 13declaration - definition - repeal.
Page 1, Line 14(3) (a) For income tax years commencing on or after January 1,
Page 1, Line 152023, but before January 1, 2027 January 1, 2030, any purchaser that
Page 1, Line 16installs an energy storage system in a residential dwelling in this state is
Page 1, Line 17allowed a credit against the tax imposed by this article 22 in an amount
Page 1, Line 18equal to ten percent of the purchase price paid by the purchaser for the
Page 1, Line 19energy storage system.
Page 1, Line 20(7) This section is repealed, effective January 1, 2030 January
Page 1, Line 211, 2033.
Page 2, Line 1SECTION 38. In Colorado Revised Statutes, 39-22-571, amend
Page 2, Line 2(3)(a) as follows:
Page 2, Line 339-22-571. Film festival incentive tax credit - tax preference
Page 2, Line 4performance statement - legislative declaration - definitions - repeal.
Page 2, Line 5(3) (a) Subject to subsection (3)(e) of this section, for tax years
Page 2, Line 6commencing on or after January 1, 2027 January 1, 2026, but before
Page 2, Line 7January 1, 2037 January 1, 2036, there is allowed a credit with respect
Page 2, Line 8to income taxes imposed pursuant to this article 22 to any global film
Page 2, Line 9festival entity or existing or small Colorado film festival entity that
Page 2, Line 10receives a tax credit certificate pursuant to this section in the amount of
Page 2, Line 11the tax credit certificate.".
Page 2, Line 12Renumber succeeding sections accordingly.