Colorado 2025 Regular Session

Colorado Senate Bill SB081

Introduced
1/23/25  
Refer
1/23/25  
Report Pass
2/18/25  
Refer
2/18/25  
Report Pass
3/7/25  
Refer
3/7/25  
Engrossed
3/12/25  
Refer
3/12/25  
Report Pass
4/21/25  
Refer
4/21/25  
Enrolled
4/28/25  
Engrossed
5/1/25  
Engrossed
5/2/25  
Enrolled
5/2/25  

Caption

Treasurer's Office

Impact

The establishment of the Authority is expected to have significant implications on state laws governing public financing. Key provisions include the ability to issue bonds specifically for financing infrastructure projects, which will be exempt from various taxes. This flexibility is anticipated to attract more investment in the state's infrastructure and support long-term development initiatives. Additionally, the legislation emphasizes the utilization of federal funding in alignment with federal statutes and regulations, further increasing the financial resources available for these projects.

Summary

Senate Bill 081, also known as the Colorado Build Authority Act, aims to address critical infrastructure challenges within the state of Colorado by establishing the Building Urgent Infrastructure and Leveraging Dollars Authority. This new entity is set to facilitate funding for vital infrastructure projects that span various sectors, including housing, transportation, water systems, and clean energy. The intent is to efficiently allocate resources toward infrastructure needs that bolster economic growth and enhance community resilience, while also offering innovative financing options such as security token offerings.

Sentiment

Overall, sentiment surrounding SB 081 appears to be optimistic among supporters, who view it as a proactive measure to address urgent infrastructure needs. Advocates argue that the Authority will enhance the state's capability to leverage funds effectively, create jobs, and promote sustainable development. However, there may be concerns regarding the implications of utilizing security token offerings and the overall governance of this new entity, specifically how it will operate within existing frameworks and ensure accountability.

Contention

While SB 081 is primarily focused on enhancing funding for infrastructure, it raises questions about governance and the prioritization of projects. Critics may express concerns over how projects are selected and financed, particularly regarding the equity of access to funding for underrepresented communities. Ensuring that projects comply with prevailing wage and labor standards, as articulated in the bill, will also be crucial to addressing potential opposition from labor advocates who seek assurances for workers involved in these infrastructure projects.

Companion Bills

No companion bills found.

Previously Filed As

CO HB1365

Opportunity Now Grants & Tax Credit

CO HB1157

Employee-Owned Business Office & Income Tax Credit

CO HB1466

Refinance Federal Coronavirus Recovery Funds

CO SB057

County Treasurer No Longer Ex Officio District Treasurer

CO HB1360

Colorado Disability Opportunity Office

CO HB1231

State Funding for Higher Education Projects

CO HB1453

Relocate Title 24 CLIMBER Act

CO SB184

Support Surface Transportation Infrastructure Development

CO SB241

Creation Of Office Of School Safety

CO HB1295

Creative Industry Community Revitalization Incentives

Similar Bills

AZ SB1740

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AZ HB2873

Water infrastructure financing; supply; augmentation.

AZ SB1740

Water infrastructure financing; supply; augmentation

AZ HB2952

Environment; 2025-2026

CO HB1232

Uniform Special Deposits Act

CO SB291

Utility Regulation

CO SB184

Support Surface Transportation Infrastructure Development