ColoradoWorkforce Housing & Housing Tax Credit
What it does
The act allows a board of county commissioners and the governing body of a municipality to sell and dispose of property owned by the county or municipality, as applicable, to provide for affordable housing and allows a municipality to enter into a long-term rental or lease agreement for the development of affordable housing. The act allows for the approval of a mutijurisdictional housing authority at a biennial local election instead of only during a general election or an election held on the first Tuesday in November of an odd-numbered year. The ballot question about establishing the authority may be combined with a question about a tax, impact fee, multiple-fiscal year debt, or other financial obligation.
More detail
The act allows a board of county commissioners to use ad valorem tax revenue for housing authorities, housing programs, and workforce housing. The act entitles an entity subject to income tax to which a middle-income housing tax credit is transferred by a governmental entity or quasi-governmental entity to claim the credit without owning an interest in a qualified project. The sale and use of construction materials by contractors is exempt from taxation if the materials are used by the state in its governmental capacity only. The act provides that 'governmental capacity' includes the construction of workforce housing projects undertaken by counties.(Note: This summary applies to this bill as enacted.)
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Mar 25Governor Jared Polis SignedBecame Law
- Mar 18Signed by the Speaker of the HouseMajor
- Mar 18Sent to the GovernorTo Governor
- Mar 17Signed by the President of the SenateMajor
- Mar 11Senate Considered House Amendments - Result was to Concur - Repass
- Vote recorded REPASS. Result: pass.Upper
- Vote recorded CONCUR. Result: pass.Upper
- Mar 10House Third Reading Passed - No AmendmentsPassed House
- Vote recorded BILL. Result: pass.Lower
- Mar 9House Second Reading Special Order - Passed with Amendments - Floor
- Mar 4House Committee on Transportation, Housing & Local Government Refer Unamended to House Committee of the WholeMinor
- Vote recorded Refer Senate Bill 26-001 to the Committee of the Whole. Result: pass.Lower
- Feb 4Senate Third Reading Passed - No AmendmentsPassed Senate
- Vote recorded BILL. Result: pass.Upper
- Feb 4Introduced In House - Assigned to Transportation, Housing & Local GovernmentMinor
- Feb 3Senate Second Reading Passed with Amendments - Committee, FloorMinor
- Jan 29Senate Committee on Local Government & Housing Refer Amended to Senate Committee of the WholeMinor
- Vote recorded Refer Senate Bill 26-001, as amended, to the Committee of the Whole. Result: pass.Upper
- Vote recorded Adopt amendment L.001. Result: pass.Upper
- Vote recorded Adopt amendment L.004. Result: pass.Upper
- Vote recorded Adopt amendment L.002. Result: pass.Upper
- Vote recorded Adopt amendment L.003. Result: pass.Upper
- Jan 14Introduced In Senate - Assigned to Local Government & HousingIntroduced