House Bill 23-1272 made an additional change that will not take effect until 2025. For tax years commencing on or after January 1, 2025, financing entities and motor vehicle dealers that accept assignment of the credit can receive advance payment of the credit on a quarterly basis during the tax year. For tax years commencing prior to 2025, financing entities and motor vehicle dealers that accept assignment of the credit may not receive advance payment of the credit, but can take any allowable credit into account in calculating their required estimated payments throughout the tax year. Any allowable credit reduces the taxpayer’s tax liability for the tax year in which the qualifying vehicle is purchased or leased and thereby reduces the amount of their required estimated payments.