Lois Landgraf
- Republican
Primary
The starting point for determining state income tax liability is federal taxable income. This number is adjusted for additions and subtractions (deductions) that are used to determine Colorado taxable income, which amount is multiplied by the state's 4.63% income tax rate. The bill allows an individual who is under 55 years old and whose military retirement benefits are less than $40,000 to claim a deduction in the following amount: For the 2019 income tax year, 25% of the individual's military retirement benefits; For the 2020 income tax year, 50% of the individual's military retirement benefits or $10,000, whichever is less; and For the 2021 and 2022 income tax years, the individual's military retirement benefits or $10,000, whichever is less. The bill also requires the department of revenue, as part of its tax profile and expenditure report, to estimate the number of individuals who claim the new deduction for the 2019 income tax year, and of those, the number who are first-time filers in the state. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
Governor Signed
Sent to the Governor
Signed by the President of the Senate
Signed by the Speaker of the House
House Considered Senate Amendments - Result was to Concur - Repass
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed with Amendments - Committee
Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole
Senate Committee on Finance Refer Unamended to Appropriations
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee
House Committee on Appropriations Refer Amended to House Committee of the Whole
House Committee on Finance Refer Amended to Appropriations
Introduced In House - Assigned to Finance + Appropriations
| Bill Text Versions | Format |
|---|---|
| Committee Amendment | |
| PA1 (02/08/2018) | |
| PA2 (05/04/2018) | |
| PA3 (05/08/2018) | |
| Introduced (01/10/2018) | |
| Engrossed (05/04/2018) | |
| Reengrossed (05/07/2018) | |
| Revised (05/08/2018) | |
| Rerevised (05/09/2018) | |
| Final Act (05/22/2018) | |
| Signed Act (05/29/2018) |
| Document | Format |
|---|---|
| Fiscal Note SA1 (05/04/2018) | |
| Fiscal Note SA2 (05/08/2018) | |
| Fiscal Note FN1 (01/25/2018) | |
| Fiscal Note FN2 (04/03/2018) | |
| Fiscal Note FN3 (05/07/2018) | |
| Fiscal Note FN4 (05/08/2018) | |
| Fiscal Note FN5 (09/13/2018) |
Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.