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Archive #65971
Metadata
Bill Number
SB26-116
HTTP Status
200
Valid JSON
Valid
Archived At
2026-06-01 10:40:12 MDT
Created At
2026-06-01 10:40:12 MDT
Parsed JSON
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The act ends the qualified-senior primary residence real property classification for property tax years beginning on or after January 1, 2027, and changes related requirements for county assessors, county treasurers, and the property tax administrator so that the classification and all related administrative and reporting requirements end on dates that align with the end of the reduced valuation for assessment.<br/></p><p> The act changes the state property tax exemption for business personal property, commencing on and after January 1, 2027, by setting the exemption at $58,000, without an adjustment for inflation. The act also sets the reimbursement for property tax losses due to the exemption, for property tax years beginning on and after January 1, 2027, at the reimbursement amount for the 2026 property tax year.<br/><br/><br/><i>(Note: This summary applies to this bill as enacted.)</i></p></body></html>", "progress_bar": [ { "end": "F", "label": "Introduced", "position": 1 }, { "end": "F", "label": "Passed", "position": 2 } ], "special_type": "", "bill_category": "Taxation", "allow_testimony": "F", "amendment_files": [ { "url": "https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/DCB5FF101D65D59087258DE1005DAC39/SB116_L.007.pdf", "date": "04/24/2026 08:09:00 AM", "vote": "Passed*", "chamber": "Senate", "hearing": "SEN Appropriations", "url_html": "https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/DCB5FF101D65D59087258DE1005DAC39/SB116_L_007.html", "amendment": "L.007" }, { "url": "https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/3F36F316F00725CB87258DD8006112B5/SB116_L.005.pdf", "date": "04/14/2026 03:18:23 PM", "vote": "Passed*", "chamber": "Senate", "hearing": "SEN Finance", "url_html": "https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/3F36F316F00725CB87258DD8006112B5/SB116_L_005.html", "amendment": "L.005" } ], "full_bill_topic": "Property Tax Modifications", "long_bill_files": [], "GHG_report_files": [], "preamended_files": [ { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/B19E23551B90785287258D4D006E547B/$File/116_S_FIN_01.pdf", "date": "04/15/2026", "label": "PA1", "url_html": "", "lastModified": "04/15/2026 10:30:43 AM", "label_detailed": "Senate Finance Preamend" }, { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/B19E23551B90785287258D4D006E547B/$File/116_S_FIN_APP_01.pdf", "date": "04/24/2026", "label": "PA2", "url_html": "", "lastModified": "04/24/2026 09:31:11 AM", "label_detailed": "Senate Appropriations Preamend" } ], "bill_sub_category": "Property", "fiscal_note_files": [ { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/B19E23551B90785287258D4D006E547B/$File/SB116_00.pdf", "date": "03/11/2026", "label": "FN1", "url_html": "", "lastModified": "03/25/2026 01:37:57 PM", "label_detailed": "Initial Fiscal Note" }, { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/B19E23551B90785287258D4D006E547B/$File/SB116_r1.pdf", "date": "04/22/2026", "label": "FN2", "url_html": "", "lastModified": "05/20/2026 11:21:06 AM", "label_detailed": "First Revised Fiscal Note" }, { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/B19E23551B90785287258D4D006E547B/$File/SB116_r2.pdf", "date": "04/29/2026", "label": "FN3", "url_html": "", "lastModified": "05/18/2026 11:10:37 AM", "label_detailed": "Second Revised Fiscal Note" } ], "is_budget_package": "No", "session_laws_files": "", "summarized_history": [ { "date": "05/21/2026", "action": "Sent to the Governor", "location": "Governor" }, { "date": "05/21/2026", "action": "Signed by the Speaker of the House", "location": "House" }, { "date": "05/21/2026", "action": "Signed by the President of the Senate", "location": "Senate" }, { "date": "05/11/2026", "action": "House Third Reading Passed - 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Raw Response
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