2025 Regular SessionColorado Legislature

HB1021: Tax Incentives for Employee-Owned Businesses

Legislative Summary

Concerning tax incentives for businesses that transition to employee-owned businesses in whole or in part.

Demographic Impact

Overall analysis of equity impact

70% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

1/8/2025
Introduced In House - Assigned to Business Affairs & Labor
House of Representatives
2/19/2025
House Committee on Business Affairs & Labor Refer Amended to Finance
House of Representatives
3/3/2025
House Committee on Finance Refer Amended to Appropriations
House of Representatives
4/25/2025
House Committee on Appropriations Refer Unamended to House Committee of the Whole
House of Representatives
4/25/2025
House Second Reading Special Order - Passed with Amendments - Committee, Floor
House of Representatives
4/28/2025
House Third Reading Passed - No Amendments
House of Representatives
4/29/2025
Introduced In Senate - Assigned to Finance
Senate
5/1/2025
Senate Committee on Finance Refer Amended to Appropriations
Senate
5/2/2025
Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
Senate
5/2/2025
Senate Second Reading Special Order - Passed with Amendments - Committee
Senate
5/5/2025
Senate Third Reading Passed - No Amendments
Senate
5/5/2025
House Considered Senate Amendments - Result was to Concur - Repass
Senate
5/19/2025
Signed by the Speaker of the House
House of Representatives
5/19/2025
Signed by the President of the Senate
Senate
5/19/2025
Sent to the Governor

Amendments

Senate Finance Amendment L.006

Senate Finance Amendment L.006

5/1/2025Adopted

Second Reading Amendment L.004

Second Reading Amendment L.004

4/25/2025Adopted

Second Reading Amendment L.005

Second Reading Amendment L.005

4/25/2025Adopted

House Finance Amendment L.002

House Finance Amendment L.002

3/3/2025Adopted

House Business Affairs & Labor Amendment L.001

House Business Affairs & Labor Amendment L.001

2/19/2025Adopted

Roll Call Votes

House: Senate Amendments Concur
5/5/2025
61
Yea
3
Nay
0
Not Voting
1
Absent
Result: PASSED
House: Senate Amendments Repass
5/5/2025
57
Yea
7
Nay
0
Not Voting
1
Absent
Result: PASSED
Senate: Third Reading Bill
5/5/2025
34
Yea
1
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Appropriations: Refer House Bill 25-1021 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
5/2/2025
7
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Finance: Adopt amendment L.006 (Attachment H)
5/1/2025
9
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Finance: Refer House Bill 25-1021, as amended, to the Committee on Appropriations.
5/1/2025
7
Yea
0
Nay
0
Not Voting
2
Absent
Result: PASSED
House: Third Reading Bill
4/28/2025
56
Yea
8
Nay
0
Not Voting
1
Absent
Result: PASSED
House Appropriations: Refer House Bill 25-1021 to the Committee of the Whole.
4/25/2025
9
Yea
1
Nay
0
Not Voting
1
Absent
Result: PASSED
House Finance: Refer House Bill 25-1021, as amended, to the Committee on Appropriations.
3/3/2025
10
Yea
2
Nay
0
Not Voting
1
Absent
Result: PASSED
House Finance: Adopt amendment L.002 (Attachment A).
3/3/2025
13
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
House Business Affairs & Labor: Adopt amendment L.001
2/19/2025
13
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
House Business Affairs & Labor: Refer House Bill 25-1021, as amended, to the Committee on Finance.
2/19/2025
12
Yea
1
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Enrolled(5/5/2025)
Chamber
Senate

Documents

Enrolled
Bill Text5/19/2025169.1 KB
Amended
Bill Text5/5/2025219.7 KB
Amended
Bill Text5/2/2025219.8 KB
Engrossed
Bill Text4/28/2025219.3 KB
Engrossed
Bill Text4/25/2025219.3 KB
Introduced
Bill Text1/8/2025180.2 KB
Fiscal Note
Fiscal Note4/30/2025318.9 KB
Fiscal Note/Analysis
Fiscal Note/Analysis4/24/2025422.3 KB
Fiscal Note
Fiscal Note2/27/2025326.2 KB
Fiscal Note
Fiscal Note2/13/2025310.7 KB