CO SB 129
died on adjournmentMitigate Impacts of Tax Increment Financing
Colorado · 2026 Regular Session · upper
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Quick answers
Did CO SB 129 pass?
No. CO SB 129 died when the 2026 Regular Session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2026-03-19): Senate Committee on Local Government & Housing Postpone Indefinitely
What is CO SB 129 about?
Current law requires county revitalization authorities and urban renewal authorities to, in certain instances, submit impact reports that detail the potential impacts of a proposed urban renewal or county revitalization plan on local services and infrastructure. The bill requires taxing entities that would be subject to tax increment financing pursuant to a proposed urban renewal or county revitalization plan to file either a certification of or a technical rebuttal to an impact report. If a taxing entity does not file either a certification or a technical rebuttal within 45 days after a county revitalization authority or urban renewal authority's submission of an urban renewal or county revitalization impact report, the impact report is presumed certified. The bill also requires taxing entities that would be subject to tax increment financing pursuant to a downtown development authority's proposed plan of development to file either a certification of or a technical rebuttal to a downtown development authority's impact report.On or before October 1, 2027, and on or before October 1 of each year thereafter, the legislative council staff is required to prepare a report or issue brief on the impact of tax increment financing on the state and local shares of education funding.(Note: This summary applies to this bill as introduced.)
Who sponsors CO SB 129?
A. Boesenecker, J. Marchman are the primary sponsors of CO SB 129.
Description
Current law requires county revitalization authorities and urban renewal authorities to, in certain instances, submit impact reports that detail the potential impacts of a proposed urban renewal or county revitalization plan on local services and infrastructure. The bill requires taxing entities that would be subject to tax increment financing pursuant to a proposed urban renewal or county revitalization plan to file either a certification of or a technical rebuttal to an impact report. If a taxing entity does not file either a certification or a technical rebuttal within 45 days after a county revitalization authority or urban renewal authority's submission of an urban renewal or county revitalization impact report, the impact report is presumed certified. The bill also requires taxing entities that would be subject to tax increment financing pursuant to a downtown development authority's proposed plan of development to file either a certification of or a technical rebuttal to a downtown development authority's impact report.On or before October 1, 2027, and on or before October 1 of each year thereafter, the legislative council staff is required to prepare a report or issue brief on the impact of tax increment financing on the state and local shares of education funding.(Note: This summary applies to this bill as introduced.)
- Introduced
- 2026-02-25
- Latest action
- 2026-03-19 — Senate Committee on Local Government & Housing Postpone Indefinitely
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- A. Boeseneckersponsor
- J. Marchmansponsor
Committees
Not provided by source.
Action timeline
Newest first
2026-03-19
Senate Committee on Local Government & Housing Postpone Indefinitely
2026-02-25
Introduced In Senate - Assigned to Local Government & Housing
introduction
Versions
Documents
Votes
Postpone Senate Bill 26-129 indefinitely.
2026-03-19 · pass · 0-0
Member-level votes (7)
- Mark Baisley: yes
- William Lindstedt: yes
- Larry Liston: yes
- Janice Marchman: yes
- Janice Rich: yes
- Marc Snyder: yes
- Tony Exum: yes
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T03:52:26.466301Z
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