DENVER — President Donald Trump’s sweeping tax and spending legislation, dubbed the “Big, Beautiful Bill,” is set to bring major changes for Coloradans—from taxes and clean energy incentives to Medicaid and immigration enforcement.
Denver7 reviewed the nearly 900-page bill to break down when some of the key provisions will begin to affect residents.
Electric Vehicle and Solar Tax Credits Ending Early
If you’re considering buying an electric vehicle, now may be the time. The federal tax credit of up to $7,500—originally set to last until 2032—will now expire on September 30, 2025.
Homeowners looking to install solar panels also face a shortened deadline. The 30% federal tax credit for solar installation, also slated to expire in 2032, will now end on December 31, 2025.
Tax Changes Coming Soon
Coloradans will see the effects of new tax rules when filing returns next year.
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The 2017 tax cuts will continue, avoiding the increase previously expected this year.
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The standard deduction will rise by $750 for single filers and $1,500 for couples.
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Seniors aged 65 and older will benefit from a $6,000 increase in their bonus deduction.
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Workers can deduct up to $25,000 in tips and $12,500 in overtime pay on their federal taxes next year. These deductions will remain in place through 2028.
SNAP and Medicaid Changes Coming Later
No firm date has been given for the expansion of work requirements under SNAP (food stamps), but they could begin as early as this year.
Major changes to Medicaid, including new work requirements and potential funding cuts, are delayed until after the 2026 midterm elections. These provisions will require states like Colorado to design and implement complex systems—an effort many local officials are not looking forward to.
Immigration Enforcement Spending Through 2029
The bill allocates $150 billion for immigration enforcement, including $45 billion for U.S. Immigration and Customs Enforcement (ICE) to expand detention facilities. This funding will stretch through 2029.
Although the political fight over the bill is finished, Coloradans will continue to feel its effects for years as these wide-ranging policies are rolled out across the state.
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