republic-os/legislation/us/states/co/2019a/sb-19-233.md

---
type: "Bill"
title: "Holding Company Income Tax Combined Report"
description: "Income tax - combined reporting. Two or more corporations controlled by the same interests are required to file a combined report in certain instances for apportioning income for Colorado income tax purposes. The Colorado court of appeals recently interpreted existing law to exclude all holding companies purportedly without property or payroll from combined reports. The act clarifies that only corporations with property and payroll located outside the United States are excluded from a combined report. The act further clarifies when the treatment of the activities of a partnership is treated as the activity of a member of an affiliated group of corporations. The act requires the department of revenue to convene a stakeholder working group to discuss and report on issues related to combined tax reporting.(Note: This summary applies to this bill as enacted.)"
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2019A"
identifier: "SB 19-233"
citation: "Colorado SB 19-233 (2019A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Marc Snyder", "Matt Gray", "Pete Lee"]
version_count: 8
action_count: 15
vote_count: 4
first_action: "2019-04-02T06:00:00+00:00"
last_action: "2019-05-31T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/c22d2dbe-de1b-4eef-80a1-7aad0da8bf6a"
source_url: "http://leg.colorado.gov/bills/sb19-233"
source_hash: "b5582dabd50c50d9051fc50feb811568e7994270feb13ac25c46bcffc6100170"
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 SB 19-233 (2019A) — Holding Company Income Tax Combined Report

Income tax - combined reporting. Two or more corporations controlled by the same interests are required to file a combined report in certain instances for apportioning income for Colorado income tax purposes. The Colorado court of appeals recently interpreted existing law to exclude all holding companies purportedly without property or payroll from combined reports. The act clarifies that only corporations with property and payroll located outside the United States are excluded from a combined report. The act further clarifies when the treatment of the activities of a partnership is treated as the activity of a member of an affiliated group of corporations. The act requires the department of revenue to convene a stakeholder working group to discuss and report on issues related to combined tax reporting.(Note: This summary applies to this bill as enacted.)

## Version chain

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

1. **Committee Amendment** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/2019a_sb233_h_app_001.pdf)
2. **Engrossed (04/26/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_233_eng.pdf)
3. **Final Act (05/21/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_233_enr.pdf)
4. **Introduced (04/02/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_233_01.pdf)
5. **Reengrossed (04/27/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_233_ren.pdf)
6. **Rerevised (05/02/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_233_rer.pdf)
7. **Revised (05/01/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2019A/bills/2019a_233_rev.pdf)
8. **Signed Act (05/31/2019)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/2019a_233_signed.pdf)

## Votes

- REPASS — **19–16** (pass) · lower
- BILL — **39–24** (pass) · lower
- CONCUR — **35–0** (pass) · lower
- BILL — **19–15** (pass) · lower

## Sponsors

- Marc Snyder — primary (person)
- Matt Gray — primary (person)
- Pete Lee — primary (person)

## Timeline

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

- **2019-05-31T06:00:00+00:00** Governor Signed `executive-signature`
- **2019-05-21T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2019-05-21T06:00:00+00:00** Signed by the Speaker of the House
- **2019-05-21T06:00:00+00:00** Signed by the President of the Senate
- **2019-05-02T06:00:00+00:00** Senate Considered House Amendments - Result was to Concur - Repass
- **2019-05-02T06:00:00+00:00** House Third Reading Passed - No Amendments `passage, reading-3`
- **2019-05-01T06:00:00+00:00** House Second Reading Special Order - Passed with Amendments - Committee, Floor
- **2019-04-30T06:00:00+00:00** House Second Reading Laid Over Daily - No Amendments
- **2019-04-30T06:00:00+00:00** House Committee on Appropriations Refer Unamended to House Committee of the Whole `referral-committee, committee-passage`
- **2019-04-29T06:00:00+00:00** Introduced In House - Assigned to Appropriations `introduction`
- **2019-04-27T06:00:00+00:00** Senate Third Reading Passed - No Amendments `passage, reading-3`
- **2019-04-26T06:00:00+00:00** Senate Second Reading Passed - No Amendments `reading-2`
- **2019-04-23T06:00:00+00:00** Senate Committee on Finance Refer Unamended to Senate Committee of the Whole `referral-committee, committee-passage`
- **2019-04-16T06:00:00+00:00** Senate Committee on Finance Lay Over Unamended - Amendment(s) Failed
- **2019-04-02T06:00:00+00:00** Introduced In Senate - 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/c22d2dbe-de1b-4eef-80a1-7aad0da8bf6a`. Confidence: reported (aggregated from official Colorado legislature records).