SB 23-196 CO Became Law
Income Tax Credit For Retrofitting A Home For Health Reasons
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Summary
The act extends for an additional 5 years the income tax credit for expenses incurred by an individual with a family income at or below $150,00, adjusted for inflation, (qualified individual) in retrofitting the individual's residence to increase its accessibility for persons with disabilities. The act also extends the credit carry-forward period from 5 to 8 years. APPROVED by Governor May 30, 2023 EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and takes effect 90 days after sine die. (Note: This summary applies to this bill as enacted.)
Sponsors (3)
- Faith Winter · primary
- Mary Young · primary
- Naquetta Ricks Democratic · primary
Action history (15)
- May 30, 2023 Governor Signed · executive
- May 4, 2023 Sent to the Governor · executive
- May 4, 2023 Signed by the Speaker of the House · lower
- May 3, 2023 Signed by the President of the Senate · upper
- Apr 26, 2023 House Third Reading Passed - No Amendments · lower
- Apr 25, 2023 House Third Reading Laid Over Daily - No Amendments · lower
- Apr 24, 2023 House Second Reading Special Order - Passed - No Amendments · lower
- Apr 21, 2023 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
- Apr 17, 2023 House Committee on Finance Refer Unamended to Appropriations · lower
- Apr 10, 2023 Introduced In House - Assigned to Finance · lower
- Apr 10, 2023 Senate Third Reading Passed - No Amendments · upper
- Apr 6, 2023 Senate Second Reading Special Order - Passed - No Amendments · upper
- Apr 6, 2023 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
- Mar 23, 2023 Senate Committee on Finance Refer Unamended to Appropriations · upper
- Mar 16, 2023 Introduced In Senate - Assigned to Finance · upper
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