---
type: "Bill"
title: "Unauthorized Insurance Premium Tax Rate"
description: "The act increases the unauthorized insurance premium tax rate from 2.25% to 3% in parity with the surplus lines insurance tax rate."
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2023A"
identifier: "HB 23-1111"
citation: "Colorado HB 23-1111 (2023A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Chris Hansen", "Shannon Bird"]
version_count: 8
action_count: 12
vote_count: 2
first_action: "2023-01-23T07:00:00+00:00"
last_action: "2023-03-31T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/31c36567-e143-40ab-8661-8d220b9a953d"
source_url: "https://leg.colorado.gov/bills/hb23-1111"
source_hash: "f0ee6c54cacdf53e8461cea06f2440933f6296a898fda512f758298a889db5da"
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 23-1111 (2023A) — Unauthorized Insurance Premium Tax Rate

The act increases the unauthorized insurance premium tax rate from 2.25% to 3% in parity with the surplus lines insurance tax rate.

## 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/2023a_hb1111_s_fin_001.pdf)
2. **Engrossed (02/10/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1111_eng.pdf)
3. **Final Act (03/22/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1111_enr.pdf)
4. **Introduced (01/23/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1111_01.pdf)
5. **Reengrossed (02/13/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1111_ren.pdf)
6. **Rerevised (03/10/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1111_rer.pdf)
7. **Revised (03/09/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1111_rev.pdf)
8. **Signed Act (03/31/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2023a_1111_signed.pdf)

## Votes

- BILL — **25–10** (pass) · upper
- BILL — **59–4** (pass) · lower

## Sponsors

- Chris Hansen — primary (person)
- Shannon Bird — primary (person)

## Timeline

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

- **2023-03-31T06:00:00+00:00** Governor Signed `executive-signature`
- **2023-03-23T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2023-03-22T06:00:00+00:00** Signed by the President of the Senate
- **2023-03-21T06:00:00+00:00** Signed by the Speaker of the House
- **2023-03-10T07:00:00+00:00** Senate Third Reading Passed - No Amendments `passage, reading-3`
- **2023-03-09T07:00:00+00:00** Senate Second Reading Passed - No Amendments `reading-2`
- **2023-03-07T07:00:00+00:00** Senate Committee on Finance Refer Unamended to Senate Committee of the Whole `committee-passage, referral-committee`
- **2023-02-13T07:00:00+00:00** Introduced In Senate - Assigned to Finance `introduction`
- **2023-02-13T07:00:00+00:00** House Third Reading Passed - No Amendments `passage, reading-3`
- **2023-02-10T07:00:00+00:00** House Second Reading Special Order - Passed - No Amendments
- **2023-02-09T07:00:00+00:00** House Committee on Finance Refer Unamended to House Committee of the Whole `committee-passage, referral-committee`
- **2023-01-23T07:00:00+00:00** Introduced In House - Assigned to Finance `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/31c36567-e143-40ab-8661-8d220b9a953d`. Confidence: reported (aggregated from official Colorado legislature records).