Colorado § 44-30-1508 - Sports betting tax - rules.
Full text of Colorado Colorado Revised Statutes § 44-30-1508 — Sports betting tax - rules., with citation guidance and answers to common questions.
§ 44-30-1508. Sports betting tax - rules.
(1) There is hereby imposed a tax on sports betting activity, at the rate of ten percent of net sports betting proceeds. The commission shall establish by rule the form and manner in which the tax is collected.
(2) Except as provided in subsection (3) of this section, all proceeds of the sports betting tax shall be forwarded to the state treasurer, who shall credit them to the sports betting fund created in section 44-30-1509.
(3) Repealed.
Source: L. 2019: Entire part added, (HB 19-1327), ch. 347, p. 3228, § 12, effective May 1, 2020. L. 2024: (2) amended and (3) added, (HB 24-1436), ch. 212, p. 1297, § 2, effective May 20.
Editor's note: (1) Section 16(2) of chapter 347 (HB 19-1327), Session Laws of Colorado 2019, provides that this section takes effect May 1, 2020, only if, at the November 2019 statewide election, a majority of voters approve the ballot question submitted pursuant to § 44-30-1514. That ballot question, referred to the registered electors as proposition DD, was approved on November 5, 2019, and was proclaimed by the Governor on December 20, 2019. The vote count for the measure was as follows:
FOR: 800,745
AGAINST: 756,712
(2) Subsection (3)(b) provided for the repeal of subsection (3), effective January 1, 2025, if a majority of the electors voting in the November 5, 2024, election vote "Yes/For" the ballot issue referred to the voters pursuant to § 44-30-1517 (2). The ballot issue specified in § 44-30-1517 (2) was referred to the registered electors as Proposition JJ on November 5, 2024, see L. 2025, p. 3635. It was approved by the voters and proclaimed by the Governor on December 17, 2024, with the following vote count:
FOR: 2,340,370
AGAINST: 721,237
Cross references: For the legislative declaration in HB 24-1436, see section 1 of chapter 212, Session Laws of Colorado 2024.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 44-30-1508
What does Colorado Revised Statutes § 44-30-1508 cover?
Section 44-30-1508 ("Sports betting tax - rules.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 44-30-1508?
A common citation format is "Colorado Revised Statutes § 44-30-1508" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 44-30-1508 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
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