Skip to main content
First Regular Session | 75th General Assembly
Colorado General Assembly
HB25-1311

Deductions for Net Sports Betting Proceeds

Type Bill
Session 2025 Regular Session
Subjects
Gaming, Lottery, & Racing

Concerning the deduction for free bets allowed for the purpose of calculating net sports betting proceeds, and, in connection therewith, making an appropriation.

Bill Summary:

As approved by voters in 2019, a tax of 10% is imposed on net sports betting proceeds. For the purpose of calculating its net sports betting proceeds, a sports betting operator or internet sports betting operator (sports betting operator) has been allowed to deduct all payments to players, all federal excise taxes paid, and a certain percentage of free bets placed by players as follows:

  • Between July 1, 2025, and June 30, 2026, no more than 2% of total free bets placed each month; and
  • On and after July 1, 2026, no more than 1.75% of total free bets placed each month.
The act alters the percentage of free bets that a sports betting operator is allowed to deduct so that:

  • Between July 1, 2025, and December 31, 2025, no more than 2% of total free bets placed each month may be deducted; and
  • Between January 1, 2026, and June 30, 2026, no more than 1% of total free bets placed each month may be deducted.
Beginning on July 1, 2026, the act removes the deduction for all free bets placed.

For the 2025-2026 state fiscal year, $17,135 is appropriated from the sports betting fund to the department of revenue for personal services and tax administration IT system support.


(Note: This summary applies to this bill as enacted.)

Prime Sponsors

Representative Julie McCluskie

Representative

Julie McCluskie

Representative Matt Soper

Representative

Matt Soper

Senator Dylan Roberts

Senator

Dylan Roberts

Committees

House

Finance

Appropriations

Senate

Finance

Appropriations

Status

Became Law

Introduced

Passed

Became Law

Related Documents & Information

Date Version Documents
05/15/2025 Signed Act PDF
05/12/2025 Final Act PDF
05/06/2025 Rerevised PDF
05/02/2025 Revised PDF
04/28/2025 Reengrossed PDF
04/25/2025 Engrossed PDF
03/28/2025 Introduced PDF
Date Version Documents
05/01/2025 PA3 PDF
04/25/2025 PA2 PDF
04/23/2025 PA1 PDF
Date Version Documents
07/14/2025 FN4 PDF
04/30/2025 FN3 PDF
04/23/2025 FN2 PDF
04/03/2025 FN1 PDF
Date Version Documents
05/01/2025 SA2 PDF
04/24/2025 SA1 PDF
Activity Vote Documents
Refer House Bill 25-1311 to the Committee of the Whole. The motion passed on a vote of 5-2. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Adopt amendment L.006 (Attachment B) The motion passed without objection. Vote summary
Refer House Bill 25-1311, as amended, to the Committee on Appropriations. The motion passed on a vote of 9-0. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Adopt amendment L.004 The motion passed without objection. Vote summary
Adopt amendment J.003 The motion passed without objection. Vote summary
Refer House Bill 25-1311, as amended, to the Committee of the Whole. The motion passed on a vote of 8-3. Vote summary
Hearing Summary
|
Committee Report:  PDF
Activity Vote Documents
Adopt amendment L.003 (Attachment A). The motion passed without objection. Vote summary
Refer House Bill 25-1311, as amended, to the Committee on Appropriations. The motion passed on a vote of 9-4. Vote summary
Hearing Summary
|
Committee Report:  PDF
Date Calendar Motion Vote Vote Document
05/07/2025 Senate Amendments REPASS
52
AYE
11
NO
2
OTHER
 		Vote record
05/07/2025 Senate Amendments CONCUR
54
AYE
9
NO
2
OTHER
 		Vote record
04/28/2025 Third Reading BILL
52
AYE
13
NO
0
OTHER
 		Vote record
Date Calendar Motion Vote Vote Document
05/06/2025 Third Reading BILL
28
AYE
7
NO
0
OTHER
 		Vote record
Date Amendment Number Committee/ Floor Hearing Status Documents
05/01/2025 L.006 SEN Finance Passed [*] PDF
04/25/2025 J.003 HOU Appropriations Passed [*] PDF
04/25/2025 L.004 HOU Appropriations Passed [*] PDF
04/21/2025 L.003 HOU Finance Passed [*] PDF

* Amendments passed in committee are not incorporated into the measure unless adopted by the full House or Senate.

** The status of Second Reading amendments may be subsequently affected by the adoption of an amendment to the Committee of the Whole Report. Refer to the House or Senate Journal for additional information.

Date Location Action
05/15/2025 Governor Governor Signed
05/12/2025 Governor Sent to the Governor
05/12/2025 Senate Signed by the President of the Senate
05/12/2025 House Signed by the Speaker of the House
05/07/2025 Senate House Considered Senate Amendments - Result was to Concur - Repass
05/06/2025 Senate House Considered Senate Amendments - Result was to Laid Over Daily
05/06/2025 Senate Senate Third Reading Passed - No Amendments
05/05/2025 Senate Senate Third Reading Laid Over Daily - No Amendments
05/02/2025 Senate Senate Second Reading Special Order - Passed with Amendments - Committee
05/02/2025 Senate Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
05/01/2025 Senate Senate Committee on Finance Refer Amended to Appropriations
04/29/2025 Senate Introduced In Senate - Assigned to Finance
04/28/2025 House House Third Reading Passed - No Amendments
04/25/2025 House House Second Reading Special Order - Passed with Amendments - Committee
04/25/2025 House House Committee on Appropriations Refer Amended to House Committee of the Whole
04/21/2025 House House Committee on Finance Refer Amended to Appropriations
03/28/2025 House Introduced In House - Assigned to Finance
Effective Date Chapter # Title Documents
08/06/2025 195 Deductions for Net Sports Betting Proceeds PDF

Quick Links