Jenny Willford
- Democratic
- Representative
- District 34
The act repeals and reenacts law originally enacted by House Bill 23B-1002, concerning an increase in the earned income tax credit for income tax year 2023, and, in connection therewith, making an appropriation, to increase the amount of the earned income tax credit that a resident individual may claim on the resident individual's state income tax return for 2023 only from 25% to 50% of the federal credit claimed on the resident individual's federal income tax return. The increase in the amount of the credit is a one-time mechanism for refunding excess state revenues for the 2022-23 state fiscal year that are required to be refunded in the 2023-24 state fiscal year. For the 2023-24 state fiscal year, the act appropriates $51,483 from the general fund to the department of revenue and reappropriates $516 of that amount to the department of personnel for implementation of the act. APPROVED by Governor January 31, 2024 EFFECTIVE January 31, 2024(Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the President of the Senate
Signed by the Speaker of the House
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed - No Amendments
Senate Committee on Finance Refer Unamended to Senate Committee of the Whole
House Third Reading Passed with Amendments - Floor
House Second Reading Special Order - Passed - No Amendments
House Committee on Appropriations Refer Unamended to House Committee of the Whole
House Committee on Finance Refer Unamended to Appropriations
Bill Text Versions | Format |
---|---|
Signed Act (01/31/2024) | |
Final Act (01/26/2024) | |
Rerevised (01/24/2024) | |
Revised (01/23/2024) | |
Reengrossed (01/17/2024) | |
Engrossed (01/12/2024) | |
Introduced (01/10/2024) | |
Committee Amendment |
Document | Format |
---|---|
Fiscal Note SA1 (01/11/2024) | |
Fiscal Note FN1 (01/10/2024) | |
Fiscal Note FN2 (08/01/2024) |
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.