Bill Commons

CO SB 133

enacted

Colorado Artist Companies

Colorado · 2026 Regular Session · upper

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Quick answers

Did CO SB 133 pass?

Yes. CO SB 133 has been enacted into law. Latest recorded action (2026-06-02): Governor Signed

What is CO SB 133 about?

The act creates the 'Colorado Artist Company Act', which authorizes a person in the state to create a limited liability company with a stated artistic mission (artist company), which artist company is subject to state law applicable to limited liability companies except where specified in the act.     An artist company must state its artistic mission in its articles of organization or operating agreement and be formed and owned by one or more individuals that create works of authorship or artistic expression comprising written, oral, visual, graphic, literary, musical, audiovisual, digital, or performing art in any medium (artists). Artists must own not less than 51% of all voting securities of the artist company at all times (required ownership percentage).     A limited liability company that meets the required ownership percentage may elect to become an artist company by amending its articles of organization or its operating agreement to state its artistic mission and by complying with certain other requirements.     A person may form an artist company by filing with the Colorado secretary of state articles of organization. The articles of organization may specify certain ownership, governance, artistic work distribution, tax treatment, and dissolution structures.     An artist company may accept capital in any form and its members and managers have certain duties specified in the artist company's articles of organization or operating agreement along with the duties imposed by state law applicable to limited liability companies.     Members of an artist company may assign or exclusively license intellectual property to an artist company as an in-kind capital contribution. An artist company's articles of organization or operating agreement may require artist-members to assign or exclusively license to the artist company artistic work created during membership that relates to the artistic mission of the artist company. An artist company's articles of organization or operating agreement may provide for certain procedures and terms regarding the admission and departure of members.     An artist company may elect at formation, or at the time of election to become an artist company, to be a public benefit artist company (public benefit artist company) by stating in its articles of organization or operating agreement, if any, that it is a public benefit artist company and setting forth in its articles of organization or operating agreement, if any, one or more specific public benefits to be promoted by the artist company. The members and managers of a public benefit artist company are subject to certain additional duties. A public benefit artist company must provide its members and donors with an annual statement specifying certain information as to the public benefits and artistic mission of the public benefit artist company.     Upon the dissolution of an artist company or public benefit artist company, artistic work assigned or licensed by artist-members to the artist company or created by artist-members of the artist company reverts to the artist-member, except as specified in the articles of organization or operating agreement and subject to certain security interests, licenses, and obligations. After giving effect to artistic work reversionary rights, the assets of the artist company must be distributed in accordance with the articles of organization or operating agreement or, if not specified in the articles of organization or operating agreement, pro rata to members based on ownership percentages.     $93,878 is appropriated from the department of state cash fund to the department of state. To implement this act, the department of state may use the appropriation as follows:$5,478 for use by the business and licensing division for personal services; and$88,400 for use by the information technology division for personal services.(Note: This summary applies to this bill as enacted.)

Who sponsors CO SB 133?

R. Taggart, M. Martinez, M. Catlin and 1 others are the primary sponsors of CO SB 133, joined by 38 cosponsors.

Description

The act creates the 'Colorado Artist Company Act', which authorizes a person in the state to create a limited liability company with a stated artistic mission (artist company), which artist company is subject to state law applicable to limited liability companies except where specified in the act.     An artist company must state its artistic mission in its articles of organization or operating agreement and be formed and owned by one or more individuals that create works of authorship or artistic expression comprising written, oral, visual, graphic, literary, musical, audiovisual, digital, or performing art in any medium (artists). Artists must own not less than 51% of all voting securities of the artist company at all times (required ownership percentage).     A limited liability company that meets the required ownership percentage may elect to become an artist company by amending its articles of organization or its operating agreement to state its artistic mission and by complying with certain other requirements.     A person may form an artist company by filing with the Colorado secretary of state articles of organization. The articles of organization may specify certain ownership, governance, artistic work distribution, tax treatment, and dissolution structures.     An artist company may accept capital in any form and its members and managers have certain duties specified in the artist company's articles of organization or operating agreement along with the duties imposed by state law applicable to limited liability companies.     Members of an artist company may assign or exclusively license intellectual property to an artist company as an in-kind capital contribution. An artist company's articles of organization or operating agreement may require artist-members to assign or exclusively license to the artist company artistic work created during membership that relates to the artistic mission of the artist company. An artist company's articles of organization or operating agreement may provide for certain procedures and terms regarding the admission and departure of members.     An artist company may elect at formation, or at the time of election to become an artist company, to be a public benefit artist company (public benefit artist company) by stating in its articles of organization or operating agreement, if any, that it is a public benefit artist company and setting forth in its articles of organization or operating agreement, if any, one or more specific public benefits to be promoted by the artist company. The members and managers of a public benefit artist company are subject to certain additional duties. A public benefit artist company must provide its members and donors with an annual statement specifying certain information as to the public benefits and artistic mission of the public benefit artist company.     Upon the dissolution of an artist company or public benefit artist company, artistic work assigned or licensed by artist-members to the artist company or created by artist-members of the artist company reverts to the artist-member, except as specified in the articles of organization or operating agreement and subject to certain security interests, licenses, and obligations. After giving effect to artistic work reversionary rights, the assets of the artist company must be distributed in accordance with the articles of organization or operating agreement or, if not specified in the articles of organization or operating agreement, pro rata to members based on ownership percentages.     $93,878 is appropriated from the department of state cash fund to the department of state. To implement this act, the department of state may use the appropriation as follows:$5,478 for use by the business and licensing division for personal services; and$88,400 for use by the information technology division for personal services.(Note: This summary applies to this bill as enacted.)

Introduced
2026-03-04
Latest action
2026-06-02 — Governor Signed
Bill type
bill
Last updated
—

Subjects

Sponsors

  • R. Taggartsponsor
  • M. Martinezsponsor
  • M. Catlinsponsor
  • J. Bridgessponsor
  • L. Smithcosponsor
  • E. Sirotacosponsor
  • G. Rydincosponsor
  • M. Rutinelcosponsor
  • A. Paschalcosponsor
  • K. Nguyencosponsor
  • K. McCormickcosponsor
  • J. McCluskiecosponsor
  • T. Maurocosponsor
  • M. Lindsaycosponsor
  • J. Josephcosponsor
  • J. Jacksoncosponsor
  • E. Hamrickcosponsor
  • R. Gonzalezcosponsor
  • M. Froelichcosponsor
  • M. Durancosponsor
  • K. Browncosponsor
  • A. Boeseneckercosponsor
  • J. Baconcosponsor
  • K. Wallacecosponsor
  • M. Snydercosponsor
  • C. Simpsoncosponsor
  • J. Marchmancosponsor
  • W. Lindstedtcosponsor
  • B. Kirkmeyercosponsor
  • C. Kippcosponsor
  • J. Gonzalescosponsor
  • L. Frizellcosponsor
  • J. Danielsoncosponsor
  • L. Cuttercosponsor
  • J. Colemancosponsor
  • S. Brightcosponsor
  • S. Woodrowcosponsor
  • J. Amabilecosponsor
  • A. Benavidezcosponsor
  • B. Titonecosponsor
  • K. Stewartcosponsor
  • M. Sopercosponsor

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-06-02

    Governor Signed

    executive-signature

  2. 2026-05-21

    Signed by the President of the Senate

    passage

  3. 2026-05-21

    Signed by the Speaker of the House

    passage

  4. 2026-05-21

    Sent to the Governor

    executive-receipt

  5. 2026-05-13

    Senate Considered House Amendments - Result was to Concur - Repass

  6. 2026-05-11

    House Third Reading Passed - No Amendments

    passage,reading-3

  7. 2026-05-09

    House Third Reading Laid Over Daily - No Amendments

  8. 2026-05-08

    House Committee on Appropriations Refer Unamended to House Committee of the Whole

    committee-passage,referral-committee

  9. 2026-05-08

    House Second Reading Special Order - Passed with Amendments - Committee

  10. 2026-05-06

    House Committee on Business Affairs & Labor Refer Amended to Appropriations

    referral-committee

  11. 2026-04-22

    Senate Third Reading Passed - No Amendments

    passage,reading-3

  12. 2026-04-22

    Introduced In House - Assigned to Business Affairs & Labor

    introduction

  13. 2026-04-21

    Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole

    committee-passage

  14. 2026-04-21

    Senate Second Reading Special Order - Passed with Amendments - Committee

  15. 2026-04-21

    Senate Second Reading Special Order - Passed with Amendments - No Amendments

  16. 2026-04-21

    Senate Second Reading Special Order - Passed - No Amendments

  17. 2026-04-09

    Senate Committee on Business, Labor, & Technology Refer Unamended to Appropriations

    referral-committee

  18. 2026-03-04

    Introduced In Senate - Assigned to Business, Labor, & Technology

    introduction

Versions

Documents

Votes

  • Refer Senate Bill 26-133 to the Committee on Finance.

    2026-04-09 · fail · 0-0

  • Refer Senate Bill 26-133 to the Committee on Appropriations.

    2026-04-09 · pass · 0-0

    Member-level votes (5)
    • John Carson: yes
    • Marc Catlin: yes
    • Iman Jodeh: yes
    • Nick Hinrichsen: yes
    • Jessie Danielson: yes
  • Adopt amendment L.003

    2026-04-21 · pass · 0-0

  • Refer Senate Bill 26-133, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.

    2026-04-21 · pass · 0-0

    Member-level votes (7)
    • Scott Bright: yes
    • Julie Gonzales: yes
    • Barbara Kirkmeyer: yes
    • Chris Kolker: yes
    • Larry Liston: yes
    • Jeff Bridges: yes
    • Judy Amabile: yes
  • Adopt amendment J.002

    2026-04-21 · pass · 0-0

  • BILL

    2026-04-22 · pass · 0-0

    Member-level votes (36)
    • Amabile: yes
    • Baisley: no
    • Ball: yes
    • Benavidez: yes
    • Bridges: yes
    • Bright: yes
    • Carson: yes
    • Catlin: excused
    • Cutter: yes
    • Danielson: yes
    • Daugherty: yes
    • Exum: yes
    • Frizell: yes
    • Gonzales J.: yes
    • Hinrichsen: yes
    • Jodeh: yes
    • Kipp: yes
    • Kirkmeyer: yes
    • Kolker: yes
    • Lindstedt: yes
    • Liston: yes
    • Marchman: yes
    • Mullica: yes
    • Pelton B.: no
    • Pelton R.: yes
    • Rich: yes
    • Roberts: yes
    • Rodriguez: yes
    • Simpson: yes
    • Snyder: yes
    • Sullivan: yes
    • Wallace: yes
    • Weissman: yes
    • Zamora Wilson: no
    • Coleman: yes
    • President: yes
  • Refer Senate Bill 26-133, as amended, to the Committee on Appropriations.

    2026-05-06 · pass · 0-0

    Member-level votes (13)
    • Max Brooks: no
    • Regina English: yes
    • Ryan Gonzalez: yes
    • Rebecca Keltie: yes
    • Sheila Lieder: yes
    • Javier Mabrey: yes
    • Tisha Mauro: yes
    • Gretchen Rydin: yes
    • Bob Marshall: no
    • Chris Richardson: yes
    • Larry Don Suckla: yes
    • Sean Camacho: no
    • Naquetta Ricks: yes
  • Adopt amendment L.005

    2026-05-06 · pass · 0-0

  • Adopt amendment L.004

    2026-05-06 · pass · 0-0

  • Refer Senate Bill 26-133 to the Committee of the Whole.

    2026-05-08 · pass · 0-0

    Member-level votes (11)
    • Andrew Boesenecker: yes
    • Scott Bottoms: no
    • Junie Joseph: yes
    • Karen McCormick: yes
    • Chris Richardson: yes
    • Rick Taggart: yes
    • Brianna Titone: yes
    • Elizabeth Velasco: yes
    • Yara Zokaie: yes
    • Emily Sirota: yes
    • Kyle Brown: yes
  • CONCUR

    2026-05-13 · pass · 0-0

    Member-level votes (36)
    • Amabile: yes
    • Baisley: yes
    • Ball: yes
    • Benavidez: yes
    • Bridges: yes
    • Bright: yes
    • Carson: yes
    • Catlin: yes
    • Cutter: yes
    • Danielson: yes
    • Daugherty: yes
    • Exum: yes
    • Frizell: yes
    • Gonzales J.: yes
    • Hinrichsen: yes
    • Jodeh: yes
    • Kipp: yes
    • Kirkmeyer: yes
    • Kolker: yes
    • Lindstedt: yes
    • Liston: yes
    • Marchman: yes
    • Mullica: yes
    • Pelton B.: yes
    • Pelton R.: yes
    • Rich: yes
    • Roberts: yes
    • Rodriguez: yes
    • Simpson: yes
    • Snyder: yes
    • Sullivan: yes
    • Wallace: yes
    • Weissman: yes
    • Zamora Wilson: yes
    • Coleman: yes
    • President: yes
  • REPASS

    2026-05-13 · pass · 0-0

    Member-level votes (36)
    • Amabile: yes
    • Baisley: no
    • Ball: yes
    • Benavidez: yes
    • Bridges: yes
    • Bright: yes
    • Carson: yes
    • Catlin: yes
    • Cutter: yes
    • Danielson: yes
    • Daugherty: yes
    • Exum: yes
    • Frizell: yes
    • Gonzales J.: yes
    • Hinrichsen: yes
    • Jodeh: yes
    • Kipp: yes
    • Kirkmeyer: yes
    • Kolker: yes
    • Lindstedt: yes
    • Liston: yes
    • Marchman: yes
    • Mullica: yes
    • Pelton B.: yes
    • Pelton R.: yes
    • Rich: yes
    • Roberts: yes
    • Rodriguez: yes
    • Simpson: yes
    • Snyder: yes
    • Sullivan: yes
    • Wallace: yes
    • Weissman: yes
    • Zamora Wilson: no
    • Coleman: yes
    • President: yes

Related bills

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Official source

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T03:52:26.466301Z

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