Proceeds Will Go Toward Premium Assistance Among Other Statewide Efforts
Feb. 19, 2026 (DENVER) — Colorado State Treasurer Dave Young announced the launch of a new tax credit sale that will generate up to $100 million to bolster health insurance affordability following the lapse of federal subsidies.
“This tax credit sale allows us to take proactive steps to protect health coverage affordability for thousands of Coloradans,” said Colorado State Treasurer Dave Young. “With the collapse of federal support, we are doing everything we can to sustain programs that help working families access insurance and manage rising health care costs.”
Anticipating the expiration of enhanced federal Affordable Care Act premium tax credits, lawmakers passed HB25B-1006 during the 2025 Special Session. The legislation authorizes the State Treasurer to sell insurance premium and corporate tax credits to bolster the Health Insurance Affordability Cash Fund. The fund supports the Colorado Premium Assistance Program and other initiatives that reduce costs for individuals who purchase insurance through Colorado’s marketplace.
The Colorado Department of the Treasury will offer insurance premium tax credits and corporate tax credits to qualifying businesses for tax years 2026 through 2029. The Colorado Treasury has partnered with Advantage Capital to administer the sale on behalf of the State.
“Advantage Capital is proud to partner with the Colorado Department of the Treasury to administer this tax credit offering and support a smooth, efficient marketing process,” said Talmadge Singer, Managing Director and Head of Capital Markets at Advantage Capital. “We are excited by the success of the tax credit offering just completed for the State and are committed to delivering a transparent and competitive offering that connects qualified taxpayers with the opportunity to help the State advance its funding priorities and health coverage expansion.”
Advantage Capital and the State Treasury have opened the bidding process for eligible insurance companies and other qualifying taxpayers. Bidding will remain open until Friday, March 27 at 5 p.m. MST.
For more information about the tax credit offering and bidding process, visit Advantage Capital’s website or contact Advantage Capital at COtaxcredits@advantagecap.com.
Treasurer Young and a representative from Advantage Capital are available for comment. Please email Treasury communications director Lindsay Sandoval to reserve an interview.
###
About the Colorado Department of the Treasury
The Colorado Department of the Treasury is the constitutional guardian of the public’s funds. It is the Treasury’s duty to manage and account for the taxpayers’ dollars from the time they are received until the time they are disbursed. The Treasury’s staff is committed to safeguarding and managing the people’s monies with the same diligence and care as they do their own. For more information, visit colorado.gov/treasury.
About Advantage Capital
Advantage Capital is a leading syndicator of state and federal tax credits, with more than 30 years of experience structuring, placing, and managing state and federal tax credit investments on a national scale. As one of the nation’s largest impact investment firms focused on driving capital to underserved areas, the firm has invested more than $4.4 billion in more than 1,000 companies since its founding in 1992, supporting more than 77,000 quality jobs. Advantage Capital invests with intention in small businesses, affordable housing, and clean energy projects that strengthen economies and communities. Learn more at advantagecap.com.