Income Tax Credit Adjustment
This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.
- Stage
- Session ended
- Started in
- Senate
- Latest action
- Aug 21, 2025
Where it stands
Introduced (Current step)
Committee (Needs attention)
Floor (Not started)
Law (Not started)
What it does
Section 3 of the bill creates a mechanism for temporarily suspending or prorating all income tax credits, excluding the Colorado affordable housing tax credit and the earned income tax credits (income tax credits), based on estimates of the state's revenue. Beginning with the December 2025 quarterly revenue forecast, each quarterly revenue forecast in June, September, or December, and any interim revenue estimate given between quarterly forecasts, must include 2 estimates of the amount of excess state revenues in relation to the income tax credits available. Excess state revenues, for purposes of these estimates, means the total amount of revenue collected by the state during the state…
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- Barbara Kirkmeyer
- L. Garcia Sander
- R. Pugliese
- Scott Bright
In the news
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