Colorado ACH Payment Update

The SLAS Clearinghouse has issued the following update regarding the ACH tax payment setup for Colorado.

We are currently working with the Colorado Division of Insurance to set up ACH payment functionality for premium tax invoices. As of now, ACH payments for Colorado are not yet available. We are awaiting the necessary ACH Company ID and Company Name and will provide that information to customers as soon as it becomes available.

Quarterly premium tax invoices for Colorado were issued and made available in SLIP on April 1. These invoices include the first quarter 2025 SLAS transaction fees for Colorado filings. While SLAS transaction fee invoices can be paid in SLIP and are due by May 15, 2025, Colorado premium tax payments are not required until the ACH payment process has been finalized. Filers will not be penalized for 1Q2025 tax payments received after May 15 due to the delay in the ACH implementation.

We will notify all customers as soon as ACH payments are enabled and Colorado tax invoices can be paid through SLIP.

If you have any questions, please contact SLAS staff at 877-267-9855 or by email at info@slasclearinghouse.com.