SB 1 Colorado Senate · 2026 Regular Session

Workforce Housing & Housing Tax Credit

Summary

The act allows a board of county commissioners and the governing body of a municipality to sell and dispose of property owned by the county or municipality, as applicable, to provide for affordable housing and allows a municipality to enter into a long-term rental or lease agreement for the development of affordable housing. The act allows for the approval of a mutijurisdictional housing authority at a biennial local election instead of only during a general election or an election held on the first Tuesday in November of an odd-numbered year. The ballot question about establishing the authority may be combined with a question about a tax, impact fee, multiple-fiscal year debt, or other financial obligation. The act allows a board of county commissioners to use ad valorem tax revenue for housing authorities, housing programs, and workforce housing. The act entitles an entity subject to income tax to which a middle-income housing tax credit is transferred by a governmental entity or quasi-governmental entity to claim the credit without owning an interest in a qualified project. The sale and use of construction materials by contractors is exempt from taxation if the materials are used by the state in its governmental capacity only. The act provides that 'governmental capacity' includes the construction of workforce housing projects undertaken by counties.(Note: This summary applies to this bill as enacted.)

Bill status signed all 5 stages cleared

Introduction

Jan 2026

Committee Review

Mar 2026

Senate Passage

Mar 2026

House Passage

Mar 2026

Signed into Law

Mar 2026

Introduced Jan 14, 2026 Signed Mar 25, 2026

Maddy AI version diff · 6 comparisons

What changed between versions

Final Act → Signed Act · 2 edits · Mar 26, 2026

MINOR

The bill was amended to correct formatting inconsistencies, specifically changing the letter 'l' to '1' in section references and adding extra spaces to text. These are technical corrections that do not alter the legal meaning, scope, or policy of the legislation.

TECHNICAL

Corrected section references from 'l' to '1' in multiple subsections to align with standard numbering conventions.

Adjusted spacing and capitalization in various text blocks to ensure consistent formatting across the document.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Mar 25, 2026

Signed into law

Governor Signed

executive

Mar 18, 2026

Lower · Passed

Signed by the Speaker of the House

lower

Mar 17, 2026

Upper · Passed

Signed by the President of the Senate

upper

Mar 11, 2026

Introduced

Senate Considered House Amendments - Result was to Concur - Repass

upper

Mar 10, 2026

Lower · Passed

House Third Reading Passed - No Amendments

lower

Mar 4, 2026

Lower · Passed

House Committee on Transportation, Housing & Local Government Refer Unamended to House Committee of the Whole

lower

Feb 4, 2026

Introduced

Introduced In House - Assigned to Transportation, Housing & Local Government

lower

Feb 4, 2026

Upper · Passed

Senate Third Reading Passed - No Amendments

upper

Jan 29, 2026

Upper · Passed

Senate Committee on Local Government & Housing Refer Amended to Senate Committee of the Whole

upper

Jan 14, 2026

Introduced

Introduced In Senate - Assigned to Local Government & Housing

upper

4 primary · 36 co-sponsors