Colorado DOR Proposes Repealing Income Tax Regulation Regarding Wildfire Mitigation Measures Subtraction

May 29, 2025, 4:32 PM UTC

The Colorado Department of Revenue (DOR) is proposing to repeal a regulation regarding wildfire mitigation measures subtraction for income tax purposes due to House Bill 24-1036 disallowing taxpayers from claiming this subtraction, effective Jan. 1, 2025. A virtual hearing will be held on July 10 at 10:00 AM. [Colo. Dep’t of Revenue, Proposed Regs. Section 39-22-104 (4) (n.5), 05/27/25]

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