House Committee of Reference Report

Committee on Finance

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April 7, 2025

After consideration on the merits, the Committee recommends the following:

HB25-1303   be amended as follows, and as so amended, be referred to the Committee on Appropriations with favorable recommendation:

Page 1, Line 1Amend the Transportation, Housing, and Local Government Committee

Page 1, Line 2Report, dated April 1, 2025, page 1, strike line 1 and substitute:

Page 1, Line 3"Amend printed bill, page 7, line 16, strike "automobile insurance

Page 1, Line 4policies" and substitute "each motor vehicle, with specified

Page 1, Line 5exclusions, insured under an automobile insurance policy".

Page 1, Line 6Page 9, strike line 13 and substitute "enterprise".".

Page 1, Line 7Page 1 of the report, line 6, strike "that provides coverage" and

Page 1, Line 8substitute "to the extent that it provides coverage for a motor

Page 1, Line 9vehicle that weighs twenty-six thousand pounds or more or".

Page 1, Line 10Page 1 of the report, line 15, strike "policies"" and substitute "policies

Page 1, Line 11on a per policy"".

Page 1, Line 12Page 1 of the report, line 16, strike "state"." and substitute "state on a

Page 1, Line 13per vehicle insured under a policy".".

Page 1, Line 14Page 18 of the bill, line 13, strike "January" and substitute "July".

Page 1, Line 15Page 2 of the report, after line 14 insert:

Page 1, Line 16"Page 18, line 15, after "per" insert "vehicle insured under a

Page 1, Line 17policy".".

Page 1, Line 18Page 18 of the bill, line 21, strike "the following maximum".

Page 1, Line 19

Page 2, Line 1Page 18 of the bill, strike lines 22 through 27.

Page 2, Line 2Page 19 of the bill, strike lines 1 through 19 and substitute "three

Page 2, Line 3dollars per insured vehicle per year.

Page 2, Line 4(c)  No later than March 15, 2026, the enterprise, directly

Page 2, Line 5or in collaboration with and through the division, shall publish

Page 2, Line 6and provide notice to each insurer that issues an automobile

Page 2, Line 7insurance policy in the state of the amount of the fee to be

Page 2, Line 8collected beginning July 1, 2026. Thereafter, if the enterprise

Page 2, Line 9adjusts the fee to a lower amount pursuant to subsection (1)(d)

Page 2, Line 10of this section or otherwise adjusts the amount of the fee at or

Page 2, Line 11below the maximum fee limit set forth in subsection (7)(b) of this

Page 2, Line 12section, the enterprise, directly or in collaboration with and

Page 2, Line 13through the division, shall publish and provide notice to each

Page 2, Line 14insurer that issues an automobile insurance policy in the state

Page 2, Line 15of the amount of the adjusted fee to be collected no later than

Page 2, Line 16two months before the date on which the adjusted fee takes

Page 2, Line 17effect.".

Page 2, Line 18Page 19 of the bill, lines 20 and 21, strike "for each state fiscal

Page 2, Line 19year".

Page 2, Line 20Page 20 of the bill, line 24, strike "2026," and substitute "2027,".

Page 2, Line 21Page 21 of the bill, line 20, strike "eighty" and substitute "seventy".

Page 2, Line 22Page 21 of the bill, line 27, strike "twenty" and substitute "thirty".

Page 2, Line 23Page 23 of the bill, line 25, strike "2030-31" and substitute "2035-36".

Page 2, Line 24Page 24 of the bill, line 3, strike "five-year" and substitute "ten-year".

Page 2, Line 25Page 24 of the bill, line 6, strike "and".

Page 2, Line 26Page 24 of the bill, line 17, strike "indefinitely." and substitute

Page 2, Line 27"indefinitely; and

Page 2, Line 28(IV)  In addition to the annual report required by

Page 2, Line 29subsection (9)(a)(III) of this section, no later than January 31,

Page 2, Line 302031, the enterprise shall present a report to the

Page 2, Line 31transportation, housing, and local government and energy and

Page 2, Line 32environment committees of the house of representatives and the

Page 2, Line 33transportation and energy committee of the senate, or any

Page 2, Line 34successor committees, that includes any recommendations that

Page 3, Line 1the enterprise may have for statutory policy changes with

Page 3, Line 2respect to the imposition of the crash prevention fee and the

Page 3, Line 3funding of eligible projects pursuant to this part 16. The report

Page 3, Line 4shall include, at a minimum:

Page 3, Line 5(A)  An assessment as to whether the definition of

Page 3, Line 6"vulnerable road user" used for purposes of this part 16 remains

Page 3, Line 7appropriate;

Page 3, Line 8(B)  An assessment as to whether the crash prevention fee

Page 3, Line 9continues to be imposed on the correct types of motor vehicles;

Page 3, Line 10and

Page 3, Line 11(C)  A cumulative accounting of the enterprise's revenue;

Page 3, Line 12grants applied for, including the amount requested for each

Page 3, Line 13grant; grants awarded, including the amount of each grants;

Page 3, Line 14and projects funded and completed between July 1, 2026, and

Page 3, Line 15June 30, 2030.".

Page 3, Line 16Page 2 of the report, after line 28 insert:

Page 3, Line 17"Page 25, after line 17 insert:

Page 3, Line 18"SECTION 3.  In Colorado Revised Statutes, 43-4-206, amend

Page 3, Line 19(3) introductory portion as follows:

Page 3, Line 2043-4-206.  State allocation. (3)  The revenue allocated to the state

Page 3, Line 21highway fund pursuant to section 43-4-205 (6)(b)(I) and (6.3) must be

Page 3, Line 22expended by the department of transportation only for road safety

Page 3, Line 23projects, as defined in section 43-4-803 (21); except that the department

Page 3, Line 24shall, in furtherance of its duty to supervise state highways and as a

Page 3, Line 25consequence in compliance with section 43-4-810:".

Page 3, Line 26Renumber succeeding section accordingly.".