Colorado Special Legislative Session Overview

Colorado Special Legislative Session Overview

On November 30, 2020, the Colorado General Assembly convened at the request of Governor
Polis to provide relief to individuals and businesses suffering from the COVID-19 pandemic.
Thirty-three bills were introduced with only ten ultimately making it through the legislative
process when the session adjourned on December 2nd. The ten bills will be signed by Governor
Polis and are summarized below:

SB20B-001 COVID-19 Relief Small and Minority Businesses Art Organizations
• Provides $37 million in direct relief to small businesses. Small businesses with
annual receipts of less than $2.5 million in calendar year 2019 qualify for the
program.
• Provides $7.5 million to arts and cultural organizations.
• Provides $4 million to minority-owned businesses.
• Suspends health inspection and liquor licensing fees for one year.

SB20B-002 Housing and Direct COVID-19 Emergency Assistance
• Creates the Emergency Direct Assistance Grant Program in the Division of
Housing which will provide grants to individuals who experience financial
need due to the COVID-19 pandemic and are not eligible for other types of
assistance.
• Allocates $5 million from the general fund to the grant program.
• Transfers $54.5 million from the General Fund to the Housing Development
Grant fund to provide housing assistance to landlords for rental replacement.
• Transfers $1 million from the general fund to the Eviction Legal Defense
Fund.

SB20B-003 Money for Energy Utility Bill Payment Assistance
• Transfers $5 million from the General Fund to the Colorado Energy Office for
energy bill payment assistance to low-income households and utilities.

HB 20B-1001 Grants to Improve Internet Access to P-12 Education
• Creates the connecting Colorado students grant program for increased
internet access for students, educators, and other staff.
• Allocates $20 million from the General Fund for the program.

HB20B-1002 Emergency Relief Programs for Child Care Sector
• Creates two emergency relief grant programs to allow the state to allocate
and quickly distribute money to existing licensed and start-up childcare
providers.
• Allocates $45.1 million for the programs.

HB 20B-1003 Food Pantry Assistance Grant Programs
• Expands the existing food pantry grant program and requires all grants to be
made by February 28, 2021.
• Food banks, food pantries and food delivery organizations are eligible to
apply for grants.

HB20B-1004 Qualified Retailer Retain Sales Tax for Assistance
• Allows qualifying retailers in the alcoholic beverages drinking places industry,
restaurant, mobile food services industry to temporarily deduct up to
$70,000 in net taxable sales from monthly state sales tax returns and retain
approximately $2,000 per retailer for up to 5 locations.
• Applies to sales made in November and December 2020 and January
and February of 2021.
• Does not impact local sales tax.

HB20B-1005 Local Authority to Impose Food Delivery Fee Restrictions
• Allows statutory cities and towns and counties to limit the fee that a third-party
food delivery service may charge a retail food establishment when
dining capacity is limited to 50% or less during the pandemic emergency.

HB20B-1006 Insurance Premium Tax Payments and Credits
• Modifies the insurance premium tax and how CLIMBER, AHTC and other tax
credit programs may be claimed.
• Adjusts how estimated quarterly taxes are calculated.
• Allows a company to claim a refund for overpayments of estimated premium
tax credit liability.