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AmeriCorps Education Award Tax Subtraction

It became law on Jun 3, 2024.

CO HB 24-1240 · House Bill · 2024A

Stage
Became law
Started in
House
Sponsors
4
Latest action
Jun 3, 2024

What it does

The act creates an income tax subtraction (deduction) for income tax years 2026 to 2033 for the amount of any Segal AmeriCorps Education Award received by a taxpayer for service in the AmeriCorps national service program, which is used by the taxpayer during the income tax year. APPROVED by Governor June 3, 2024 EFFECTIVE June 3, 2024(Note: This summary applies to this bill as enacted.)

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Jun 3, 2024

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Colorado.

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