Donald Valdez
- Democratic
Primary
Statutory Revision Committee. Under current law, the income tax deduction for previously taxed income or gain for C corporations allows C corporations, when calculating their Colorado taxable income, to deduct from their federal taxable income any income or gain that was taxed by Colorado prior to 1965, to the extent that such income or gain is included in their current federal taxable income. The bill repeals this income tax deduction.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Senate Committee on Business, Labor, & Technology Postpone Indefinitely
Introduced In Senate - Assigned to Business, Labor, & Technology
House Third Reading Passed - No Amendments
House Second Reading Passed - No Amendments
House Committee on Business Affairs & Labor Refer Unamended to House Committee of the Whole
Introduced In House - Assigned to Business Affairs & Labor
| Bill Text Versions | Format |
|---|---|
| Reengrossed (03/03/2020) | |
| Engrossed (03/02/2020) | |
| Introduced (01/30/2020) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note FN1 (02/19/2020) | |
| Fiscal Note FN2 (07/10/2020) |
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.