Colorado 2025 Regular Session

Colorado Senate Bill SB182 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1	1		First Regular Session
2	2		Seventy-fifth General Assembly
3	3		STATE OF COLORADO
4		-	~~REENGROSSED~~
5		-	This Version Includes All Amendments
6		-	~~Adopted~~ in the House of Introduction
	4	+	ENGROSSED
	5	+	This Version Includes All Amendments Adopted
	6	+	on Second Reading in the House of Introduction
7	7		LLS NO. 25-0872.01 Pierce Lively x2059
8	8		SENATE BILL 25-182
9	9		Senate Committees House Committees
10	10		Transportation & Energy
11	11		Appropriations
12	12		A BILL FOR AN ACT
13	13		C
14	14		ONCERNING ENCOURAGING THE RE DUCTION OF EMBODIED CARBON .101
15	15		Bill Summary
16	16		(Note: This summary applies to this bill as introduced and does
17	17		not reflect any amendments that may be subsequently adopted. If this bill
18	18		passes third reading in the house of introduction, a bill summary that
19	19		applies to the reengrossed version of this bill will be available at
20	20		http://leg.colorado.gov
21	21		.)
22	22		Embodied carbon is the carbon associated with greenhouse gas
23	23		emissions arising from the production, construction, use, and end-of-life
24	24		of products or systems used in the construction of buildings, roads, and
25	25		other infrastructure. An embodied carbon improvement is a real property
26	26		installation or modification that is completed in a manner that generates
27	27		relatively less embodied carbon.
28	28		Section 1 of the bill adds embodied carbon improvements to the
29	29		list of new energy improvements that are eligible for property-assessed
30	30		SENATE
31		-	3rd Reading Unamended
32		-	April 17, 2025
33		-	SENATE
34	31		Amended 2nd Reading
35	32		April 15, 2025
36	33		SENATE SPONSORSHIP
37		-	Ball and Simpson, ~~Amabile, Bridges, Cutter, Daugherty, Exum, Kipp, Winter F.~~
	34	+	Ball and Simpson,
38	35		HOUSE SPONSORSHIP
39	36		Brown and Weinberg,
40	37		Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
41	38		Capital letters or bold & italic numbers indicate new material to be added to existing law.
42	39		Dashes through the words or numbers indicate deletions from existing law. clean energy financing provided by the Colorado new energy
43	40		improvement district.
44	41		Section 2 modifies the industrial clean energy tax credit so that
45	42		embodied carbon improvements are greenhouse gas emissions reduction
46	43		improvements.
47	44		Be it enacted by the General Assembly of the State of Colorado:1
48	45		SECTION 1. Legislative declaration. (1) The general assembly
49	46		2
50	47		finds and declares that nothing in Senate Bill 25-182 impacts the ability3
51	48		of a local governmental entity to review or approve eligible materials for4
52	49		installations or modifications to real property.5
53	50		SECTION 2. In Colorado Revised Statutes, 32-20-103, amend6
54	51		the introductory portion and (7); and add (4.5) as follows:7
55	52		32-20-103. Definitions. As used in this article ARTICLE 20, unless8
56	53		the context otherwise requires:9
57	54		(4.5) "E
58	55		MBODIED CARBON IMPROVEMENT " MEANS ONE OR MORE10
59	56		INSTALLATIONS OR MODIFICATIONS TO REAL PROPERTY USING ELIGIBLE
60	57		11
61	58		MATERIALS, AS DEFINED IN SECTION 24-92-118 (2)(b), THAT RESULT IN12
62	59		THE REDUCTION OF THE INSTALLATION 'S OR MODIFICATION'S EMBODIED13
63	60		EMISSIONS AS ESTABLISHED IN POLICIES CREATED BY THE COLORADO14
64	61		ENERGY OFFICE, CREATED IN SECTION 24-38.5-101, AND IN CONSULTATION15
65	62		WITH THE OFFICE OF THE STATE ARCHITECT.16
66	63		(7) "New energy improvement" means one or more on-site energy17
67	64		efficiency improvements,
68	65		EMBODIED CARBON IMPROVEMENTS , renewable18
69	66		energy improvements, resiliency improvements, or water efficiency19
70	67		improvements made to eligible real property that will reduce the energy20
71	68		consumption of or add energy produced from renewable energy sources21
72	69		with regard to any portion of the eligible real property.22
73	70		SECTION 3.
74	71		In Colorado Revised Statutes, 39-22-551, amend23
75	72		182-2- (2)(e) introductory portion and (2)(e)(XVIII); and add (2)(e)(XVIII.5) as1
76	73		follows:2
77	74		39-22-551. Industrial clean energy tax credit - tax preference3
78	75		performance statement - definitions - report - repeal. (2) Definitions.4
79	76		As used in this section, unless the context otherwise requires:5
80	77		(e) "Greenhouse gas emissions reduction improvements" means6
81	78		improvements that help to measurably reduce greenhouse gas emissions.7
82	79		"Greenhouse gas emissions reduction improvements" may include one or8
83	80		more of the following equipment purchases, improvements, and retrofits9
84	81		RETROFITS, OR INVESTMENTS:10
85	82		(XVIII) Material substitutions within industrial processes to11
86	83		reduce industrial process greenhouse gas emissions by a minimum of12
87	84		fifteen percent when compared to existing production practices; and13
88	85		(XVIII.5) F
89	86		OR INCOME TAX YEARS COMMENCING ON OR AFTER14
90	87		J
91	88		ANUARY 1, 2026, EMBODIED CARBON INVESTMENTS , WHICH ARE
92	89		15
93	90		INVESTMENTS IN THE PRODUCTION OF ELIGIBLE MATERIALS , AS DEFINED16
94	91		IN SECTION 24-92-118 (2)(b), THAT RESULT IN THE REDUCTION OF THE17
95	92		ELIGIBLE MATERIALS' CRADLE-TO-GATE EMBODIED EMISSIONS , AS18
96	93		ESTABLISHED IN POLICIES CREATED BY THE COLORADO ENERGY OFFICE,19
97	94		CREATED IN SECTION 24-38.5-101, AND IN CONSULTATION WITH THE20
98	95		OFFICE OF THE STATE ARCHITECT. TO QUALIFY AS AN EMBODIED CARBON21
99	96		INVESTMENT, AN INVESTMENT MUST RESULT IN A FIFTEEN PERCENT OR22
100	97		GREATER REDUCTION IN CRADLE -TO-GATE EMBODIED EMISSIONS OF THE23
101	98		ELIGIBLE MATERIALS WHEN COMPARED TO THE ELIGIBLE MATERIALS '24
102	99		CRADLE-TO-GATE BASELINE AS ESTABLISHED IN STANDARDS AND25
103	100		GUIDELINES CREATED BY THE COLORADO ENERGY OFFICE AND IN26
104	101		CONSULTATION WITH THE OFFICE OF THE STATE ARCHITECT . A27
105	102		182
106	103		-3- CRADLE-TO-GATE MEASUREMENT OR BASELINE CONSIDERS THE LIFE CYCLE1
107	104		STAGES FOR A PRODUCT INCLUDING , BUT NOT LIMITED TO, THE RAW2
108	105		MATERIAL EXTRACTION AND PROCESSING RELATED TO THE PRODUCT , AND3
109	106		THE TRANSPORT TO THE MANUFACTURER AND MANUFACTURING OF THE4
110	107		PRODUCT.5
111	108		SECTION 4. Act subject to petition - effective date. This act6
112	109		takes effect at 12:01 a.m. on the day following the expiration of the7
113	110		ninety-day period after final adjournment of the general assembly; except8
114	111		that, if a referendum petition is filed pursuant to section 1 (3) of article V9
115	112		of the state constitution against this act or an item, section, or part of this10
116	113		act within such period, then the act, item, section, or part will not take11
117	114		effect unless approved by the people at the general election to be held in12
118	115		November 2026 and, in such case, will take effect on the date of the13
119	116		official declaration of the vote thereon by the governor.14
120	117		182
121	118		-4-