HB 24-1240 CO Became Law
AmeriCorps Education Award Tax Subtraction
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Summary
The act creates an income tax subtraction (deduction) for income tax years 2026 to 2033 for the amount of any Segal AmeriCorps Education Award received by a taxpayer for service in the AmeriCorps national service program, which is used by the taxpayer during the income tax year. APPROVED by Governor June 3, 2024 EFFECTIVE June 3, 2024(Note: This summary applies to this bill as enacted.)
Sponsors (4)
- Junie Joseph Democratic · primary
- Ron Weinberg Republican · primary
- Janice Rich Republican · primary
- Tony Exum Democratic · primary
Action history (14)
- Jun 3, 2024 Governor Signed · executive
- May 29, 2024 Sent to the Governor · executive
- May 29, 2024 Signed by the President of the Senate · upper
- May 29, 2024 Signed by the Speaker of the House · lower
- May 6, 2024 Senate Third Reading Passed - No Amendments · upper
- May 4, 2024 Senate Second Reading Special Order - Passed - No Amendments · upper
- May 4, 2024 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
- May 3, 2024 Senate Committee on Finance Refer Unamended to Appropriations · upper
- May 1, 2024 Introduced In Senate - Assigned to Finance · upper
- May 1, 2024 House Third Reading Passed - No Amendments · lower
- Apr 30, 2024 House Second Reading Special Order - Passed with Amendments - Floor · lower
- Apr 30, 2024 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
- Mar 4, 2024 House Committee on Finance Refer Unamended to Appropriations · lower
- Feb 12, 2024 Introduced In House - Assigned to Finance · lower
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