HB 23-1208 CO

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Introduced

For income tax years commencing on or after January 1, 2023, but before January 1, 2027, the bill allows a refundable state income tax credit, which is intended to offset the various expenses that licensed teachers often incur throughout an academic year for classroom supplies, professional development costs, supplemental educational materials, field trips, and other items that improve the quality of the educational services that they provide, to a licensed teacher who is employed as a teacher in a public school on a full-time basis for at least one-half of an academic year (eligible teacher) during the income tax year for which the credit is claimed. The amount of the credit is $1,000 for an eligible teacher who is employed for the equivalent of an entire academic year and $500 for a teacher who is employed for one-half of an academic year. Two eligible teachers who file a joint income tax return may each claim the credit. (Note: This summary applies to this bill as introduced.)

• Bob Marshall Democratic · primary
• Matt Soper Republican · primary
• Janice Rich · primary

1. May 11, 2023 House Committee on Appropriations Lay Over Unamended - Amendment(s) Failed · lower
2. Apr 3, 2023 House Committee on Finance Refer Unamended to Appropriations · lower
3. Mar 23, 2023 House Committee on Education Refer Unamended to Finance · lower
4. Feb 17, 2023 Introduced In House - Assigned to Education · lower