Colorado House Bill 1065
Session 2026A
Transit and Housing Investment Zones
Became Law
Signed by Governor on May 27, 2026
Sponsors
15 Sponsors
J. McCluskie
S. Woodrow
T. Exum
D. Roberts
A. Boesenecker
S. Camacho
J. Jackson
M. Lindsay
A. Paschal
R. Stewart
E. Velasco
Y. Zokaie
N. Hinrichsen
I. Jodeh
C. Kipp
First Action
Jan 21, 2026
Latest Action
May 27, 2026
Origin Chamber
House
Type
Bill
Bill Number
1065
State
Colorado
Session
2026A
A. Boesenecker
grade
Sponsor
A. Paschal
grade
Sponsor
C. Kipp
grade
Sponsor
D. Roberts
grade
Sponsor
E. Velasco
grade
Sponsor
I. Jodeh
grade
Sponsor
J. Jackson
grade
Sponsor
J. McCluskie
grade
Sponsor
M. Lindsay
grade
Sponsor
N. Hinrichsen
grade
Sponsor
R. Stewart
grade
Sponsor
S. Camacho
grade
Sponsor
S. Woodrow
grade
Sponsor
T. Exum
grade
Sponsor
Y. Zokaie
grade
Sponsor
A. Valdez
Cosponsor
E. Hamrick
Cosponsor
G. Rydin
Cosponsor
J. Amabile
Cosponsor
J. Bacon
Cosponsor
J. Bridges
Cosponsor
J. Coleman
Cosponsor
J. Gonzales
Cosponsor
J. Phillips
Cosponsor
K. McCormick
Cosponsor
K. Nguyen
Cosponsor
K. Stewart
Cosponsor
K. Wallace
Cosponsor
L. Cutter
Cosponsor
L. Daugherty
Cosponsor
L. Smith
Cosponsor
M. Carter
Cosponsor
M. Duran
Cosponsor
M. Froelich
Cosponsor
M. Lukens
Cosponsor
M. Rutinel
Cosponsor
N. Ricks
Cosponsor
R. English
Cosponsor
S. Lieder
Cosponsor
W. Lindstedt
Cosponsor
Motion Text
BILL
House Roll Call Votes
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Garcia
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Summary
The act creates the 'Transit Investment Area Act' to facilitate the financing of transit and rail station infrastructure. Specifically, the act:Allows a local government and a transit agency to jointly undertake a transit investment project. To finance the project, the local government may apply to the Colorado economic development commission (commission) to designate a transit investment area and an approved financing entity;Authorizes the approved financing entity, which may be a newly created transit investment authority, a county revitalization authority, a metropolitan district, or an urban renewal authority, to receive state sales tax increment revenue. This revenue consists of the state sales tax collected in the designated area above a base amount, plus an additional 20% to account for out-of-area deliveries.Permits the financing entity to issue bonds and use the state sales tax increment revenue to finance eligible improvements related to the transit project;Prohibits the financing entity from using the state sales tax increment revenue to acquire property through eminent domain;Requires projects to comply with specified hiring, apprenticeship, and workforce standards;Caps the commission's approval authority at no more than 3 transit investment projects in any calendar year and no more than 6 in total and caps the total state sales tax increment revenue dedicated to all projects at $75 million per fiscal year; andAuthorizes the commission to revoke project approval if substantial work does not commence within 5 years and requires financing entities to submit annual reports and independent financial audits. The act requires the Colorado office of economic development, in consultation with the department of local affairs and the department of transportation, to publish a transit and housing investment zone map on or before October 30, 2026. The act creates the Colorado affordable housing in transit and housing investment zones tax credit (tax credit). The tax credit is administered in the same manner as the Colorado affordable housing in transit-oriented communities income tax credit; except that the tax credit is awarded in connection with housing projects in transit and housing zones. The act authorizes the Colorado Housing and Finance Authority to allocate up to $8,333,333 in tax credits each calendar year beginning in the 2027 calendar year through the 2033 calendar year. For the 2026-27 state fiscal year, the act appropriates $213,349 to the office of the governor for use by economic development programs.(Note: This summary applies to this bill as enacted.)
Committee Report for Appropriations on 05/11/2026
Committee Report for Finance on 05/07/2026
Committee Report for Appropriations on 05/01/2026
Committee Report for Finance on 02/23/2026
Sort by most recent
05/27/2026
Office of the Governor
Governor Signed
05/18/2026
Office of the Governor
Sent to the Governor
05/18/2026
Senate
Signed by the President of the Senate
05/18/2026
House
Signed by the Speaker of the House
05/13/2026
House
House Considered Senate Amendments - Result was to Concur - Repass
05/12/2026
Senate
Senate Third Reading Passed - No Amendments
05/11/2026
Senate
Senate Second Reading Special Order - Passed with Amendments - Committee
05/11/2026
Senate
Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole
05/07/2026
Senate
Senate Committee on Finance Refer Amended to Appropriations
05/04/2026
Senate
Introduced In Senate - Assigned to Finance
05/04/2026
House
House Third Reading Passed - No Amendments
05/01/2026
House
House Second Reading Special Order - Passed with Amendments - Committee, Floor
05/01/2026
House
House Committee on Appropriations Refer Amended to House Committee of the Whole
02/23/2026
House
House Committee on Finance Refer Amended to Appropriations
01/21/2026
House
Introduced In House - Assigned to Finance
Sources
CO Legislature
Record Created
Jan 22, 2026 12:49:00 AM
Record Updated
Jun 8, 2026 6:09:25 PM