SB23-030
Eligible Educator Classroom Expenses Tax Credit
| Type | Bill |
|---|---|
| Session | 2023 Regular Session |
| Subjects |
Concerning a state income tax credit for an eligible educator's classroom expenses.
Bill Summary:
For 5 income tax years beginning in 2023, the bill creates a refundable state income tax credit for a Colorado teacher or classroom paraprofessional (eligible educator) for their classroom expenses. An eligible educator cannot claim the credit for an expense that the educator claims as a federal educator expense deduction for purposes of the educator's federal income tax, and the maximum amount of the credit per income tax year is $500.
(Note: This summary applies to this bill as introduced.)
Committees
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 01/10/2023 | Introduced |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 23-030 to the Committee on Finance. | The motion failed on a vote of 2-3. | Vote summary |
| Postpone Senate Bill 23-030 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 3-2. | Vote summary |
| Date | Location | Action |
|---|---|---|
| 01/26/2023 | Senate | Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely |
| 01/10/2023 | Senate | Introduced In Senate - Assigned to State, Veterans, & Military Affairs |