republic-os/legislation/us/states/co/2022a/sb-22-124.md

---
type: "Bill"
title: "SALT Parity Act"
description: "The \"SALT Parity Act\" was enacted in 2021 and, for income tax years commencing on or after January 1, 2022, it allowed pass-through entities to elect to pay state income tax at the entity level, which allows the entity to claim an unlimited deduction at the federal level for state and local taxes paid. While this election reduces federal taxable income for the pass-through entity, it does not reduce or increase Colorado taxable income under current law based on additions and subtractions (deductions) to the state income tax."
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2022A"
identifier: "SB 22-124"
citation: "Colorado SB 22-124 (2022A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Chris Kolker", "David Ortiz", "Kevin Van Winkle", "Rob Woodward"]
version_count: 12
action_count: 16
vote_count: 6
first_action: "2022-02-03T07:00:00+00:00"
last_action: "2022-05-16T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/8127e046-e04d-48e2-84e3-b0aa8e4873f5"
source_url: "https://leg.colorado.gov/bills/sb22-124"
source_hash: "1f007966cc39854b3971d0a613fa4683bb50bd1b6ef8ea458703690f3061bba1"
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 22-124 (2022A) — SALT Parity Act

The "SALT Parity Act" was enacted in 2021 and, for income tax years commencing on or after January 1, 2022, it allowed pass-through entities to elect to pay state income tax at the entity level, which allows the entity to claim an unlimited deduction at the federal level for state and local taxes paid. While this election reduces federal taxable income for the pass-through entity, it does not reduce or increase Colorado taxable income under current law based on additions and subtractions (deductions) to the state income tax.

## 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/2022a_sb124_h_app_004.pdf)
2. **Engrossed (04/26/2022)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2022A/bills/2022a_124_eng.pdf)
3. **Final Act (05/11/2022)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2022A/bills/2022a_124_enr.pdf)
4. **Introduced (02/03/2022)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2022A/bills/2022a_124_01.pdf)
5. **PA1 (02/24/2022)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2022A/bills/2022a_124sfin_01.pdf)
6. **PA2 (04/26/2022)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2022A/bills/2022a_124_s_fin_app_01.pdf)
7. **PA3 (05/04/2022)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2022A/bills/2022a_124_h_bus_01.pdf)
8. **PA4 (05/05/2022)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2022A/bills/2022a_124_h_bus_app_01.pdf)
9. **Reengrossed (04/27/2022)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2022A/bills/2022a_124_ren.pdf)
10. **Rerevised (05/10/2022)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2022A/bills/2022a_124_rer.pdf)
11. **Revised (05/05/2022)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2022A/bills/2022a_124_rev.pdf)
12. **Signed Act (05/16/2022)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2022a_124_signed.pdf)

## Votes

- REPASS — **35–0** (pass) · upper
- AMD — **64–1** (pass) · lower
- PERM — **62–3** (pass) · lower
- CONCUR — **35–0** (pass) · upper
- BILL — **59–6** (pass) · lower
- BILL — **33–0** (pass) · upper

## Sponsors

- Chris Kolker — primary (person)
- David Ortiz — primary (person)
- Kevin Van Winkle — primary (person)
- Rob Woodward — primary (person)

## Timeline

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

- **2022-05-16T06:00:00+00:00** Governor Signed `executive-signature`
- **2022-05-11T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2022-05-11T06:00:00+00:00** Signed by the Speaker of the House
- **2022-05-11T06:00:00+00:00** Signed by the President of the Senate
- **2022-05-10T06:00:00+00:00** Senate Considered House Amendments - Result was to Concur - Repass
- **2022-05-10T06:00:00+00:00** House Third Reading Passed with Amendments - Floor `passage, reading-3`
- **2022-05-06T06:00:00+00:00** House Third Reading Laid Over Daily - No Amendments
- **2022-05-05T06:00:00+00:00** House Second Reading Special Order - Passed with Amendments - Committee
- **2022-05-05T06:00:00+00:00** House Committee on Appropriations Refer Amended to House Committee of the Whole `committee-passage, referral-committee`
- **2022-05-04T06:00:00+00:00** House Committee on Business Affairs & Labor Refer Amended to Appropriations `referral-committee`
- **2022-04-27T06:00:00+00:00** Introduced In House - Assigned to Business Affairs & Labor `introduction`
- **2022-04-27T06:00:00+00:00** Senate Third Reading Passed - No Amendments `passage, reading-3`
- **2022-04-26T06:00:00+00:00** Senate Second Reading Special Order - Passed with Amendments - Committee, Floor
- **2022-04-26T06:00:00+00:00** Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole `committee-passage`
- **2022-02-23T07:00:00+00:00** Senate Committee on Finance Refer Amended to Appropriations `referral-committee`
- **2022-02-03T07:00:00+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/8127e046-e04d-48e2-84e3-b0aa8e4873f5`. Confidence: reported (aggregated from official Colorado legislature records).