republic-os/legislation/us/states/co/2025a/hb-25-1021.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Tax Incentives for Employee-Owned Businesses	The act creates 2 income tax subtractions for income tax years commencing on or after January 1, 2027, but before January 1, 2038. The first subtraction is for an amount equal to state capital gains that are realized by a taxpayer, who is the owner of a qualified business, during the taxable year for the conversion by an increment of at least 20% ownership to a qualified employee-owned business. The taxpayers that are eligible for this subtraction are the same taxpayers that would be eligible for the tax credit for conversion costs for employee business ownership. The total amount of capital gains that a taxpayer may subtract is set by and may be annually adjusted by the Colorado office of economic development (office), and is required to be posted on the office's website. The second subtraction is allowed to worker-owned cooperatives in an amount equal to the worker-owned cooperative's federal taxable income for the tax year not to exceed $1 million.	us/states/co	Colorado General Assembly	2025A	HB 25-1021	Colorado HB 25-1021 (2025A)	bill		enacted	Jeff Bridges Mark Baisley Rick Taggart William Lindstedt	11	16	4	2025-01-08T07:00:00+00:00	2025-05-30T06:00:00+00:00	openstates	ocd-bill/4115d66a-9e80-44f8-84fa-ce7e1308ef86	https://leg.colorado.gov/bills/hb25-1021	2f976dea1944626052290590b052c5bd34e05a54e4995c6417086ccd641889e2	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-co

Colorado HB 25-1021 (2025A) — Tax Incentives for Employee-Owned Businesses

The act creates 2 income tax subtractions for income tax years commencing on or after January 1, 2027, but before January 1, 2038. The first subtraction is for an amount equal to state capital gains that are realized by a taxpayer, who is the owner of a qualified business, during the taxable year for the conversion by an increment of at least 20% ownership to a qualified employee-owned business. The taxpayers that are eligible for this subtraction are the same taxpayers that would be eligible for the tax credit for conversion costs for employee business ownership. The total amount of capital gains that a taxpayer may subtract is set by and may be annually adjusted by the Colorado office of economic development (office), and is required to be posted on the office's website. The second subtraction is allowed to worker-owned cooperatives in an amount equal to the worker-owned cooperative's federal taxable income for the tax year not to exceed $1 million.

Version chain

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

1. Committee Amendment (committee substitute) — source
2. Engrossed (04/25/2025) (committee substitute) — source
3. Final Act (05/19/2025) (committee substitute) — source
4. Introduced (01/08/2025) (committee substitute) — source
5. PA1 (02/21/2025) (committee substitute) — source
6. PA2 (03/06/2025) (committee substitute) — source
7. PA3 (05/01/2025) (committee substitute) — source
8. Reengrossed (04/28/2025) (committee substitute) — source
9. Rerevised (05/05/2025) (committee substitute) — source
10. Revised (05/02/2025) (committee substitute) — source
11. Signed Act (05/30/2025) (committee substitute) — source

Votes

• REPASS — 57–7 (pass) · lower
• BILL — 56–8 (pass) · lower
• BILL — 34–1 (pass) · upper
• CONCUR — 61–3 (pass) · lower

Sponsors

• Jeff Bridges — primary (person)
• Mark Baisley — primary (person)
• Rick Taggart — primary (person)
• William Lindstedt — primary (person)
• A. Boesenecker — cosponsor (person)
• A. Paschal — cosponsor (person)
• B. Titone — cosponsor (person)
• C. Clifford — cosponsor (person)
• D. Michaelson Jenet — cosponsor (person)
• D. Roberts — cosponsor (person)
• F. Winter — cosponsor (person)
• I. Jodeh — cosponsor (person)
• J. Amabile — cosponsor (person)
• J. Jackson — cosponsor (person)
• J. McCluskie — cosponsor (person)
• K. Mullica — cosponsor (person)
• K. Stewart — cosponsor (person)
• L. Daugherty — cosponsor (person)
• L. Liston — cosponsor (person)
• M. Carter — cosponsor (person)
• M. Catlin — cosponsor (person)
• M. Duran — cosponsor (person)
• M. Lukens — cosponsor (person)
• M. Snyder — cosponsor (person)
• M. Soper — cosponsor (person)
• M. Weissman — cosponsor (person)
• N. Hinrichsen — cosponsor (person)
• N. Ricks — cosponsor (person)
• R. English — cosponsor (person)
• R. Gonzalez — cosponsor (person)
• S. Bird — cosponsor (person)
• S. Camacho — cosponsor (person)
• S. Lieder — cosponsor (person)
• T. Exum — cosponsor (person)

Timeline

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

• 2025-05-30T06:00:00+00:00 Governor Signed executive-signature
• 2025-05-19T06:00:00+00:00 Sent to the Governor executive-receipt
• 2025-05-19T06:00:00+00:00 Signed by the President of the Senate
• 2025-05-19T06:00:00+00:00 Signed by the Speaker of the House
• 2025-05-05T06:00:00+00:00 House Considered Senate Amendments - Result was to Concur - Repass
• 2025-05-05T06:00:00+00:00 Senate Third Reading Passed - No Amendments passage, reading-3
• 2025-05-02T06:00:00+00:00 Senate Second Reading Special Order - Passed with Amendments - Committee
• 2025-05-02T06:00:00+00:00 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole committee-passage
• 2025-05-01T06:00:00+00:00 Senate Committee on Finance Refer Amended to Appropriations referral-committee
• 2025-04-29T06:00:00+00:00 Introduced In Senate - Assigned to Finance introduction
• 2025-04-28T06:00:00+00:00 House Third Reading Passed - No Amendments passage, reading-3
• 2025-04-25T06:00:00+00:00 House Second Reading Special Order - Passed with Amendments - Committee, Floor
• 2025-04-25T06:00:00+00:00 House Committee on Appropriations Refer Unamended to House Committee of the Whole committee-passage, referral-committee
• 2025-03-03T07:00:00+00:00 House Committee on Finance Refer Amended to Appropriations referral-committee
• 2025-02-19T07:00:00+00:00 House Committee on Business Affairs & Labor Refer Amended to Finance referral-committee
• 2025-01-08T07:00:00+00:00 Introduced In House - Assigned to Business Affairs & Labor introduction

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/4115d66a-9e80-44f8-84fa-ce7e1308ef86. Confidence: reported (aggregated from official Colorado legislature records).