---
type: "Bill"
title: "Employee-Owned Business Office & Income Tax Credit"
description: "The act creates the employee ownership office (office), which was originally created administratively by the governor in 2020 as a statutory entity within the office of economic development (OED)."
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2024A"
identifier: "HB 24-1157"
citation: "Colorado HB 24-1157 (2024A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Chris Kolker", "Jeff Bridges", "Stephanie Vigil", "William Lindstedt"]
version_count: 12
action_count: 16
vote_count: 6
first_action: "2024-01-30T07:00:00+00:00"
last_action: "2024-06-04T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/d5c6f45d-e36d-4564-abe1-17365123f849"
source_url: "https://leg.colorado.gov/bills/hb24-1157"
source_hash: "c2bf58c882d327d05dd1f5a7101b9af4fddde31d271bb61b4fb05fbf844b75a1"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-co"]
---

# Colorado HB 24-1157 (2024A) — Employee-Owned Business Office & Income Tax Credit

The act creates the employee ownership office (office), which was originally created administratively by the governor in 2020 as a statutory entity within the office of economic development (OED).

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Committee Amendment** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2024a_hb1157_s_app_003.pdf)
2. **Engrossed (04/25/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1157_eng.pdf)
3. **Final Act (05/23/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1157_enr.pdf)
4. **Introduced (01/30/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1157_01.pdf)
5. **PA1 (02/29/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1157_h_bus_01.pdf)
6. **PA2 (03/20/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1157_h_bus_fin_01.pdf)
7. **PA3 (04/25/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1157_h_bus_fin_app_01.pdf)
8. **PA4 (05/04/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1157_s_app_01.pdf)
9. **Reengrossed (04/26/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1157_ren.pdf)
10. **Rerevised (05/07/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1157_rer.pdf)
11. **Revised (05/06/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2024A/bills/2024a_1157_rev.pdf)
12. **Signed Act (06/04/2024)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2024a_1157_signed.pdf)

## Votes

- REPASS — **46–17** (pass) · lower
- CONCUR — **54–9** (pass) · lower
- BILL — **25–10** (pass) · upper
- BILL — **48–15** (pass) · lower
- PERM — **57–6** (pass) · lower
- AMD — **62–1** (pass) · lower

## Sponsors

- Chris Kolker — primary (person)
- Jeff Bridges — primary (person)
- Stephanie Vigil — primary (person)
- William Lindstedt — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-06-04T06:00:00+00:00** Governor Signed `executive-signature`
- **2024-05-23T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2024-05-23T06:00:00+00:00** Signed by the President of the Senate
- **2024-05-23T06:00:00+00:00** Signed by the Speaker of the House
- **2024-05-08T06:00:00+00:00** House Considered Senate Amendments - Result was to Concur - Repass
- **2024-05-07T06:00:00+00:00** Senate Third Reading Passed - No Amendments `passage, reading-3`
- **2024-05-06T06:00:00+00:00** Senate Second Reading Special Order - Passed with Amendments - Committee
- **2024-05-04T06:00:00+00:00** Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole `committee-passage, referral-committee`
- **2024-05-02T06:00:00+00:00** Senate Committee on Finance Refer Unamended to Appropriations `referral-committee`
- **2024-04-29T06:00:00+00:00** Introduced In Senate - Assigned to Finance `introduction`
- **2024-04-26T06:00:00+00:00** House Third Reading Passed with Amendments - Floor `passage, reading-3`
- **2024-04-25T06:00:00+00:00** House Second Reading Special Order - Passed with Amendments - Committee
- **2024-04-25T06:00:00+00:00** House Committee on Appropriations Refer Amended to House Committee of the Whole `committee-passage, referral-committee`
- **2024-03-18T06:00:00+00:00** House Committee on Finance Refer Amended to Appropriations `referral-committee`
- **2024-02-28T07:00:00+00:00** House Committee on Business Affairs & Labor Refer Amended to Finance `referral-committee`
- **2024-01-30T07:00:00+00:00** Introduced In House - Assigned to Business Affairs & Labor `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d5c6f45d-e36d-4564-abe1-17365123f849`. Confidence: reported (aggregated from official Colorado legislature records).