SB 25-079
Fiscal Note
Legislative Council Staff
Nonpartisan Services for Colorado’s Legislature
SB 25-079: COLORADO VENDING OF DIGITAL ASSETS ACT
Prime Sponsors:
Sen. Rich; Roberts
Rep. Taggart; Jackson
Published for: House Second Reading
Drafting number: LLS 25-0363
Fiscal Analyst:
Kristine McLaughlin, 303-866-4776
kristine.mclaughlin@coleg.gov
Version: First Revised Note
Date: April 15, 2025
Fiscal note status: The fiscal note reflects the reengrossed bill as amended by the House Finance
Committee.
Summary Information
Overview. The bill regulates virtual currency kiosk transactions.
No fiscal impact. The bill has no fiscal impact on state or local government.
Appropriations. No appropriation is required
Table 1
State Fiscal Impacts
Type of Impact
Budget Year
FY 2025-26
Out Year
FY 2026-27
State Revenue $0 $0
State Expenditures $0 $0
Transferred Funds $0 $0
Change in TABOR Refunds $0 $0
Change in State FTE 0.0 FTE 0.0 FTE
Page 2
April 15, 2025 SB 25-079
Summary of Legislation
The bill regulates virtual currency kiosk transactions by:
setting a daily transaction limit of $2,000 for new customers and $10,500 for existing
customers;
requiring a full refund for a customer’s first international transaction if law enforcement
officials determine it to be fraudulent within 60 days; and
requiring kiosk owners to disclose certain information to customers.
Assessment of No Fiscal Impact
The bill involves transactions between private parties in virtual currency transactions and places
requirements on the owner of a virtual currency kiosk. The bill does not task any specific agency
with enforcement of these regulations and it is assumed that any workload for local law
enforcement to investigate fraudulent transactions or for the courts to resolve disputes involving
virtual currency transactions could potentially arise both under this bill and under current law.
Thus, this bill has no fiscal impact on state or local government.
Effective Date
The bill takes effect 90 days following adjournment of the General Assembly sine die, assuming
no referendum petition is filed.
State and Local Government Contacts
Regulatory Agencies
The revenue and expenditure impacts in this fiscal note represent changes from current law under the bill for each
fiscal year. For additional information about fiscal notes, please visit the General Assembly website.