Jenny Willford
- Democratic
- Representative
- District 34
Primary
The act creates a one-time TABOR refund mechanism for excess state revenues for the 2022-23 state fiscal year that are required to be refunded in the 2023-24 state fiscal year. The TABOR refund mechanism allows for an increase in the earned income tax credit that a resident individual, including a resident individual who does not have a social security number valid for employment, may claim on the resident individual's state income tax return from 25% to 50% of the federal credit claimed on the resident individual's federal income tax return or the federal credit that the resident individual would have been allowed but for the fact that the resident individual does not have a social security number that is valid for employment. For the 2023-24 state fiscal year, $51,483 is appropriated from the general fund to the department of revenue and $516 of that amount is reappropriated to the department of personnel for implementation of the act. APPROVED by Governor November 20, 2023 EFFECTIVE November 20, 2023(Note: This summary applies to this bill as enacted.)
Sent to the Governor
Signed by the Speaker of the House
Signed by the President of the Senate
Senate Third Reading Passed - No Amendments
Senate Second Reading Special Order - Passed - No Amendments
Senate Committee on Appropriations Refer Unamended 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
| Bill Text Versions | Format |
|---|---|
| Signed Act (11/21/2023) | |
| Final Act (11/20/2023) | |
| Rerevised (11/19/2023) | |
| Revised (11/18/2023) | |
| Reengrossed (11/18/2023) | |
| Engrossed (11/17/2023) | |
| Introduced (11/17/2023) | |
| PA1 (11/17/2023) | |
| PA2 (11/17/2023) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note FN2 (11/17/2023) | |
| Fiscal Note FN1 (11/17/2023) | |
| Fiscal Note FN3 (11/18/2023) | |
| Fiscal Note FN4 (11/29/2023) |
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.