HB 23-1122 CO
Tax Credit For Purchase Long-term Care Insurance
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Summary
Legislative Oversight Committee Concerning Tax Policy. For income tax years beginning January 1, 2024, the bill both: Increases the amount of federal taxable income taxpayers may have and still qualify for the state income tax credit for purchasing long-term care insurance and annually adjusts that amount of federal taxable income for inflation; and Doubles the amount of the credit that a taxpayer may claim and annually adjusts the credit for inflation.(Note: This summary applies to this bill as introduced.)
Sponsors (3)
- Shannon Bird · primary
- Chris Hansen · primary
- Chris Kolker Democratic · primary
Action history (3)
- May 11, 2023 House Committee on Appropriations Lay Over Unamended - Amendment(s) Failed · lower
- Feb 13, 2023 House Committee on Finance Refer Unamended to Appropriations · lower
- Jan 27, 2023 Introduced In House - Assigned to Finance · lower
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