HB20B-1020
Tips And Gratuities Tax Deduction
| Type | Bill |
|---|---|
| Session | 2020 Extraordinary Session |
| Subjects |
Concerning the deduction of tips received by a taxpayer from the taxpayer's federal taxable income when calculating Colorado taxable income.
Bill Summary:
The bill allows a taxpayer to deduct the total amount of tips received by a taxpayer during the 2021 income tax year from the taxpayer's federal taxable income for purposes of calculating the taxpayer's 2021 Colorado taxable income.
(Note: This summary applies to this bill as introduced.)
Committees
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 11/30/2020 | Introduced |
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 20B-1020 to the Committee on Appropriations. | The motion failed on a vote of 4-6. | Vote summary |
| Postpone House Bill 20B-1020 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. | The motion passed on a vote of 6-4. | Vote summary |
| Date | Location | Action |
|---|---|---|
| 11/30/2020 | House | Introduced In House - Assigned to State, Veterans, & Military Affairs |
Prime Sponsor
Sponsor
Co-Sponsor
(None)