republic-os/legislation/us/states/co/2023a/hb-23-1260.md

---
type: "Bill"
title: "Advanced Industry and Semiconductor Manufacturing Incentives"
description: "The act creates new and modifies existing state income tax credits to maximize federal government funding for taxpayers engaged in semiconductor and advanced manufacturing in Colorado. Specifically, the act creates a refund mechanism, available from fiscal year 2023-24 through fiscal year 2028-29, that allows a taxpayer engaged in semiconductor or advanced manufacturing to apply for conditional approval of one or more types of income tax credits based on a specified project in the state and includes the maximum amount of credit for which the taxpayer may claim a refund of 80% (refund mechanism). The income tax credit types that may be the basis for such a refund are:"
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2023A"
identifier: "HB 23-1260"
citation: "Colorado HB 23-1260 (2023A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Alex Valdez", "Kevin Priola", "Mark Baisley", "Matt Soper"]
version_count: 10
action_count: 16
vote_count: 4
first_action: "2023-03-26T06:00:00+00:00"
last_action: "2023-05-20T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/bf91f447-1170-404a-8a21-b39b863c45fc"
source_url: "https://leg.colorado.gov/bills/hb23-1260"
source_hash: "9dd6fdbc555032eeae991d9824897e602aef8cc033f59bbf127772ff53f4b2cf"
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 23-1260 (2023A) — Advanced Industry and Semiconductor Manufacturing Incentives

The act creates new and modifies existing state income tax credits to maximize federal government funding for taxpayers engaged in semiconductor and advanced manufacturing in Colorado. Specifically, the act creates a refund mechanism, available from fiscal year 2023-24 through fiscal year 2028-29, that allows a taxpayer engaged in semiconductor or advanced manufacturing to apply for conditional approval of one or more types of income tax credits based on a specified project in the state and includes the maximum amount of credit for which the taxpayer may claim a refund of 80% (refund mechanism). The income tax credit types that may be the basis for such a refund are:

## 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_hb1260_s_app_004.pdf)
2. **Engrossed (05/02/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1260_eng.pdf)
3. **Final Act (05/12/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1260_enr.pdf)
4. **Introduced (03/26/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1260_01.pdf)
5. **PA1 (04/18/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1260_h_app_01.pdf)
6. **PA2 (05/05/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1260_s_app_01.pdf)
7. **Reengrossed (05/03/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1260_ren.pdf)
8. **Rerevised (05/06/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1260_rer.pdf)
9. **Revised (05/05/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/documents/2023A/bills/2023a_1260_rev.pdf)
10. **Signed Act (05/20/2023)** (committee substitute) — [source](https://leg.colorado.gov/sites/default/files/2023a_1260_signed.pdf)

## Votes

- BILL — **33–1** (pass) · upper
- CONCUR — **58–6** (pass) · lower
- REPASS — **56–8** (pass) · lower
- BILL — **54–9** (pass) · lower

## Sponsors

- Alex Valdez — primary (person)
- Kevin Priola — primary (person)
- Mark Baisley — primary (person)
- Matt Soper — primary (person)

## Timeline

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

- **2023-05-20T06:00:00+00:00** Governor Signed `executive-signature`
- **2023-05-12T06:00:00+00:00** Sent to the Governor `executive-receipt`
- **2023-05-12T06:00:00+00:00** Signed by the President of the Senate
- **2023-05-11T06:00:00+00:00** Signed by the Speaker of the House
- **2023-05-07T06:00:00+00:00** House Considered Senate Amendments - Result was to Concur - Repass
- **2023-05-06T06:00:00+00:00** Senate Third Reading Passed - No Amendments `passage, reading-3`
- **2023-05-05T06:00:00+00:00** Senate Second Reading Special Order - Passed with Amendments - Committee
- **2023-05-05T06:00:00+00:00** Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole `committee-passage, referral-committee`
- **2023-05-04T06:00:00+00:00** Senate Committee on Finance Refer Unamended to Appropriations `referral-committee`
- **2023-05-03T06:00:00+00:00** Introduced In Senate - Assigned to Finance `introduction`
- **2023-05-03T06:00:00+00:00** House Third Reading Passed - No Amendments `passage, reading-3`
- **2023-05-02T06:00:00+00:00** House Second Reading Special Order - Passed with Amendments - Committee, Floor
- **2023-04-20T06:00:00+00:00** House Second Reading Laid Over Daily - No Amendments
- **2023-04-18T06:00:00+00:00** House Committee on Appropriations Refer Amended to House Committee of the Whole `committee-passage, referral-committee`
- **2023-04-03T06:00:00+00:00** House Committee on Finance Refer Unamended to Appropriations `referral-committee`
- **2023-03-26T06:00:00+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/bf91f447-1170-404a-8a21-b39b863c45fc`. Confidence: reported (aggregated from official Colorado legislature records).