HB 21-1164

  • Colorado House Bill
  • 2021 Regular Session
  • Introduced in House Mar 18, 2021
  • Passed House Mar 16, 2021
  • Passed Senate May 24, 2021
  • Signed by Governor Jun 11, 2021

Total Program Mill Levy Tax Credit

Abstract

For the 2020 property tax year, the existing statute corrects the total program mill levies for school districts that are not subject to constitutional property tax revenue restrictions but whose mill levies were erroneously reduced. Each school district that levies a higher number of mills as a result of the correction must grant a tax credit for the number of mills by which the levy is increased.The act requires the department of education to adopt a correction schedule to begin phasing out the tax credits in the 2021 property tax year. The correction schedule must apply consistently to each affected school district; must require each district's tax credit to phase out as quickly as possible, but by no more than one mill per year; and must ensure that the tax credits are fully phased out in 19 years.The act specifies that, until the general assembly determines that stabilizing the state budget no longer requires a reduction in the appropriation for the state share of total program, the general assembly shall annually ensure that the savings to the state share that occurs as a result of the decrease in the temporary property tax credits is appropriated to fund a portion of the state share of total program.(Note: This summary applies to this bill as enacted.)

Bill Sponsors (4)

Votes


May 24, 2021

Mar 16, 2021

Actions


Jun 11, 2021

Office of the Governor

Governor Signed

Jun 09, 2021

Office of the Governor

Sent to the Governor

Jun 08, 2021

House

Signed by the Speaker of the House

Senate

Signed by the President of the Senate

May 24, 2021

Senate

Senate Third Reading Passed - No Amendments

May 20, 2021

Senate

Senate Third Reading Laid Over to 05/24/2021 - No Amendments

May 17, 2021

Senate

Senate Third Reading Laid Over to 05/20/2021 - No Amendments

Senate

Senate Third Reading Laid Over Daily - No Amendments

May 12, 2021

Senate

Senate Third Reading Laid Over to 05/14/2021 - No Amendments

May 07, 2021

Senate

Senate Third Reading Laid Over to 05/12/2021 - No Amendments

Apr 30, 2021

Senate

Senate Third Reading Laid Over to 05/7/2021 - No Amendments

Apr 26, 2021

Senate

Senate Third Reading Laid Over to 04/30/2021 - No Amendments

Apr 21, 2021

Senate

Senate Third Reading Laid Over to 04/26/2021 - No Amendments

Apr 05, 2021

Senate

Senate Third Reading Laid Over to 04/21/2021 - No Amendments

Mar 22, 2021

Senate

Senate Third Reading Laid Over to 04/05/2021 - No Amendments

Mar 19, 2021

Senate

Senate Second Reading Special Order - Passed - No Amendments

Senate

Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole

  • Committee-Passage
  • Referral-Committee
Senate Committee of the Whole Appropriations

Mar 18, 2021

Senate

Senate Committee on Education Refer Unamended to Appropriations

  • Referral-Committee
Education Appropriations

Senate

Introduced In Senate - Assigned to Education

  • Introduction
Education

Mar 16, 2021

House

House Third Reading Passed - No Amendments

Mar 12, 2021

House

House Second Reading Passed with Amendments - Floor

House

House Committee on Appropriations Refer Unamended to House Committee of the Whole

  • Committee-Passage
  • Referral-Committee
House Committee of the Whole Appropriations

Mar 10, 2021

House

House Committee on Education Refer Unamended to Appropriations

  • Referral-Committee
Education Appropriations

Mar 04, 2021

House

Introduced In House - Assigned to Education

  • Introduction
Education

Bill Text

Bill Text Versions Format
Signed Act (06/11/2021) PDF
Final Act (06/08/2021) PDF
Rerevised (05/24/2021) PDF
Revised (03/19/2021) PDF
Reengrossed (03/16/2021) PDF
Engrossed (03/12/2021) PDF
Introduced (03/04/2021) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note SA1 (03/11/2021) PDF
Fiscal Note FN1 (03/08/2021) PDF
Fiscal Note FN2 (03/11/2021) PDF
Fiscal Note FN3 (03/17/2021) PDF
Fiscal Note FN4 (07/12/2021) PDF

Sources

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.