CLICS Archive
Dashboard
Bill Archiver
Bill Runs
Bill Archives
Bills
Schedules
Schedule Runs
Schedules
Committees
Committee Runs
Committees
Meeting Runs
Meetings
Legislators
Legislator Runs
Legislators
CF Tester
Settings
Back to Archives
Archive #62224
Metadata
Bill Number
HB26-1221
HTTP Status
200
Valid JSON
Valid
Archived At
2026-05-09 13:09:12 MDT
Created At
2026-05-09 13:09:12 MDT
Parsed JSON
{ "votes": [ { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/cslVotes.nsf/0/12C9CFEEA8703F5C87258DED006D4DAE?OpenDocument", "date": "05/04/2026", "action": "Third Reading", "motion": "BILL", "chamber": "HOUSE", "vote_id": "736", "vote_no": 23, "vote_17C": 0, "vote_17D": 0, "vote_abs": 0, "vote_exc": 0, "vote_yes": 42, "voice_vote": "N", "vote_others": 0, "vote_result": "Aye: 42 No: 23 Other: 0", "member_votes": [ { "vote": "Y", "last_name": "Bacon" }, { "vote": "N", "last_name": "Barron" }, { "vote": "Y", "last_name": "Boesenecker" }, { "vote": "N", "last_name": "Bottoms" }, { "vote": "N", "last_name": "Bradfield" }, { "vote": "N", "last_name": "Bradley" }, { "vote": "N", "last_name": "Brooks" }, { "vote": "Y", "last_name": "Brown" }, { "vote": "N", "last_name": "Caldwell" }, { "vote": "Y", "last_name": "Camacho" }, { "vote": "Y", "last_name": "Carter" }, { "vote": "Y", "last_name": "Clifford" }, { "vote": "N", "last_name": "DeGraaf" }, { "vote": "Y", "last_name": "Duran" }, { "vote": "Y", "last_name": "English" }, { "vote": "Y", "last_name": "Espenoza" }, { "vote": "Y", "last_name": "Feret" }, { "vote": "N", "last_name": "Flanell" }, { "vote": "Y", "last_name": "Froelich" }, { "vote": "Y", "last_name": "Garcia" }, { "vote": "N", "last_name": "Garcia Sander" }, { "vote": "Y", "last_name": "Gilchrist" }, { "vote": "Y", "last_name": "Goldstein" }, { "vote": "N", "last_name": "Gonzalez R." }, { "vote": "Y", "last_name": "Hamrick" }, { "vote": "N", "last_name": "Hartsook" }, { "vote": "Y", "last_name": "Jackson" }, { "vote": "N", "last_name": "Johnson" }, { "vote": "Y", "last_name": "Joseph" }, { "vote": "N", "last_name": "Keltie" }, { "vote": "Y", "last_name": "Lieder" }, { "vote": "Y", "last_name": "Lindsay" }, { "vote": "N", "last_name": "Luck" }, { "vote": "Y", "last_name": "Lukens" }, { "vote": "Y", "last_name": "Mabrey" }, { "vote": "N", "last_name": "Marshall" }, { "vote": "Y", "last_name": "Martinez" }, { "vote": "Y", "last_name": "Mauro" }, { "vote": "Y", "last_name": "McCormick" }, { "vote": "Y", "last_name": "Nguyen" }, { "vote": "Y", "last_name": "Paschal" }, { "vote": "Y", "last_name": "Phillips" }, { "vote": "N", "last_name": "Richardson" }, { "vote": "Y", "last_name": "Ricks" }, { "vote": "Y", "last_name": "Rutinel" }, { "vote": "Y", "last_name": "Rydin" }, { "vote": "Y", "last_name": "Sirota" }, { "vote": "N", "last_name": "Slaugh" }, { "vote": "Y", "last_name": "Smith" }, { "vote": "N", "last_name": "Soper" }, { "vote": "Y", "last_name": "Stewart K." }, { "vote": "Y", "last_name": "Stewart R." }, { "vote": "Y", "last_name": "Story" }, { "vote": "N", "last_name": "Suckla" }, { "vote": "N", "last_name": "Taggart" }, { "vote": "Y", "last_name": "Titone" }, { "vote": "Y", "last_name": "Valdez" }, { "vote": "Y", "last_name": "Velasco" }, { "vote": "N", "last_name": "Weinberg" }, { "vote": "Y", "last_name": "Willford" }, { "vote": "N", "last_name": "Winter T." }, { "vote": "Y", "last_name": "Woodrow" }, { "vote": "N", "last_name": "Woog" }, { "vote": "Y", "last_name": "Zokaie" }, { "vote": "Y", "last_name": "McCluskie" } ], "lay_over_date": "", "vote_date_time": "05/04/2026 01:53:53 PM" } ], "active": "T", "origin": "House", "lls_num": "26-0488", "session": "2026A", "subject": [ "Fiscal Policy & Taxes" ], "bill_num": "HB26-1221", "sponsors": [ { "id": "YZ001", "title": "Representative", "s_type": "Prime Sponsor", "chamber": "House", "full_name": "Yara Zokaie", "last_name": "Zokaie", "first_name": "Yara", "sponsor_order": "1" }, { "id": "ES001", "title": "Representative", "s_type": "Prime Sponsor", "chamber": "House", "full_name": "Emily Sirota", "last_name": "Sirota", "first_name": "Emily", "sponsor_order": "2" }, { "id": "JB005", "title": "Representative", "s_type": "Co-sponsor", "chamber": "House", "full_name": "Jennifer Bacon", "last_name": "Bacon", "first_name": "Jennifer" }, { "id": "AB002", "title": "Representative", "s_type": "Co-sponsor", "chamber": "House", "full_name": "Andrew Boesenecker", "last_name": "Boesenecker", "first_name": "Andrew" }, { "id": "KB002", "title": "Representative", "s_type": "Co-sponsor", "chamber": "House", "full_name": "Kyle Brown", "last_name": "Brown", "first_name": "Kyle" }, { "id": "CC001", "title": "Representative", "s_type": "Co-sponsor", "chamber": "House", "full_name": "Chad Clifford", "last_name": "Clifford", "first_name": "Chad" }, { "id": "SL004", "title": "Representative", "s_type": "Co-sponsor", "chamber": "House", "full_name": "Sheila Lieder", "last_name": "Lieder", "first_name": "Sheila" }, { "id": "ML002", "title": "Representative", "s_type": "Co-sponsor", "chamber": "House", "full_name": "Mandy Lindsay", "last_name": "Lindsay", "first_name": "Mandy" }, { "id": "JM003", "title": "Representative", "s_type": "Co-sponsor", "chamber": "House", "full_name": "Javier Mabrey", "last_name": "Mabrey", "first_name": "Javier" }, { "id": "KM002", "title": "Representative", "s_type": "Co-sponsor", "chamber": "House", "full_name": "Karen McCormick", "last_name": "McCormick", "first_name": "Karen" }, { "id": "KN001", "title": "Representative", "s_type": "Co-sponsor", "chamber": "House", "full_name": "Kenny Nguyen", "last_name": "Nguyen", "first_name": "Kenny" }, { "id": "MR001", "title": "Representative", "s_type": "Co-sponsor", "chamber": "House", "full_name": "Manny Rutinel", "last_name": "Rutinel", "first_name": "Manny" }, { "id": "LS004", "title": "Representative", "s_type": "Co-sponsor", "chamber": "House", "full_name": "Lesley Smith", "last_name": "Smith", "first_name": "Lesley" }, { "id": "SW001", "title": "Representative", "s_type": "Co-sponsor", "chamber": "House", "full_name": "Steven Woodrow", "last_name": "Woodrow", "first_name": "Steven" }, { "id": "JA002", "title": "Senator", "s_type": "Prime Sponsor", "chamber": "Senate", "full_name": "Judy Amabile", "last_name": "Amabile", "first_name": "Judy", "sponsor_order": "3" }, { "id": "KW001", "title": "Senator", "s_type": "Prime Sponsor", "chamber": "Senate", "full_name": "Katie Wallace", "last_name": "Wallace", "first_name": "Katie", "sponsor_order": "4" } ], "bill_files": [ { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/1221_ren.pdf", "date": "05/04/2026", "label": "Reengrossed", "url_html": "", "lastModified": "05/04/2026 02:35:27 PM" }, { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/1221_eng.pdf", "date": "05/01/2026", "label": "Engrossed", "url_html": "", "lastModified": "05/02/2026 11:20:25 AM" }, { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/1221_01.pdf", "date": "02/17/2026", "label": "Introduced", "url_html": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/1221_01.html", "lastModified": "02/17/2026 01:50:49 PM" } ], "committees": [ { "id": "H_FIN_2026A", "name": "Finance", "chamber": "House" }, { "id": "H_APP_2026A", "name": "Appropriations", "chamber": "House" }, { "id": "S_FIN_2026A", "name": "Finance", "chamber": "Senate" } ], "long_title": "Concerning the adjustment of certain tax expenditures.", "bill_status": "In Committee - SEN Finance", "short_title": "Tax Expenditure Adjustments", "bill_summary": "<html><body><p> The bill adjusts <strike>3</strike> <i> 2</i> existing tax expenditures.<br/></p><p> <ul><li><strike></strike> <b><strike>Section 2</strike></b> <strike> of the bill limits the alternative minimum tax credit to income tax years commencing prior to January 1, 2026;</strike></li><li> <b>Section </b> <b><strike>4</strike></b> <b> </b> <b><i>3</i></b> requires a corporation, for purposes of determining their state taxable income for state income tax years commencing on or after January 1, 2027, to add to their federal taxable income the amount, if any, that the taxpayer claimed as a deduction on the taxpayer's federal tax return pursuant to the employee remuneration deduction allowed pursuant to section 162 (m) of the internal revenue code; and</li><li> <b>Section </b> <b><strike>5</strike></b> <b><i>4</i></b> limits the period of time that net operating losses generated in income tax years commencing on or after January 1, 2027, can be carried forward from 20 years to 10 years and limits the amount of losses that may be claimed to 70% rather than 80%.</li></ul></p><p> <b>Section </b> <b><strike>3</strike></b> <b> </b> <b><i>2</i></b> creates a new tax credit. The new tax credit allows taxpayers to claim a refundable tax credit, in addition to the child tax credit and the family affordability tax credit, in an amount determined by the amount and age of the taxpayer's children and the taxpayer's income. The total amount of the new tax credit is adjusted annually based on legislative council staff projections, such that the total amount of the new tax credit claimed in an income tax year is projected to be the same as the amount of revenue raised in <b>sections </b> <b><strike>2, 4,</strike></b> <b> </b> <b><i>3</i></b> and <b><strike>5</strike></b> <b> </b> <b><i>4</i></b> <b>.</b></p><p><br/><i>(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)</i><br/><br/><br/><i>(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)</i></p></body></html>", "progress_bar": [ { "end": "F", "label": "Introduced", "position": 1 }, { "end": "F", "label": "Under Consideration", "position": 2 } ], "special_type": "", "bill_category": "Taxation", "allow_testimony": "F", "amendment_files": [ { "url": "https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/CD7B0AF40614F62A87258DE7004DE3A2/HB1221_L.009.pdf", "date": "05/01/2026 03:19:41 PM", "vote": "Passed**", "chamber": "House", "hearing": "Second Reading", "url_html": "https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/CD7B0AF40614F62A87258DE7004DE3A2/HB1221_L_009.html", "amendment": "L.009" }, { "url": "https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/5B8CAC6DB6F20A8E87258DB5005336DB/HB1221_L.003.pdf", "date": "03/09/2026 05:28:18 PM", "vote": "Passed*", "chamber": "House", "hearing": "HOU Finance", "url_html": "https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/5B8CAC6DB6F20A8E87258DB5005336DB/HB1221_L_003.html", "amendment": "L.003" }, { "url": "https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/26FA1FBFE58E3C0687258DB2006F17F6/HB1221_L.002.pdf", "date": "03/09/2026 05:26:32 PM", "vote": "Passed*", "chamber": "House", "hearing": "HOU Finance", "url_html": "https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/26FA1FBFE58E3C0687258DB2006F17F6/HB1221_L_002.html", "amendment": "L.002" } ], "full_bill_topic": "Tax Expenditure Adjustments", "long_bill_files": [], "GHG_report_files": [], "preamended_files": [ { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/1221_H_FIN_01.pdf", "date": "03/11/2026", "label": "PA1", "url_html": "", "lastModified": "03/11/2026 01:10:38 PM", "label_detailed": "House Finance Preamend" } ], "bill_sub_category": "Corporations", "fiscal_note_files": [ { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_00.pdf", "date": "03/05/2026", "label": "FN1", "url_html": "", "lastModified": "03/16/2026 01:00:06 PM", "label_detailed": "Initial Fiscal Note" }, { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_r1.pdf", "date": "04/17/2026", "label": "FN2", "url_html": "", "lastModified": "04/17/2026 02:40:39 PM", "label_detailed": "First Revised Fiscal Note" } ], "is_budget_package": "No", "session_laws_files": "", "summarized_history": [ { "date": "05/04/2026", "action": "Introduced In Senate - Assigned to Finance", "location": "Senate" }, { "date": "05/04/2026", "action": "House Third Reading Passed - No Amendments", "location": "House" }, { "date": "05/01/2026", "action": "House Second Reading Special Order - Passed with Amendments - Committee, Floor", "location": "House" }, { "date": "04/30/2026", "action": "House Second Reading Laid Over Daily - No Amendments", "location": "House" }, { "date": "04/28/2026", "action": "House Committee on Appropriations Refer Unamended to House Committee of the Whole", "location": "House" }, { "date": "03/09/2026", "action": "House Committee on Finance Refer Amended to Appropriations", "location": "House" }, { "date": "02/17/2026", "action": "Introduced In House - Assigned to Finance", "location": "House" } ], "research_note_files": [], "bill_sub_sub_category": "Other", "committee_report_files": [ { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_H_FIN_001.pdf", "date": "03/09/2026", "label": "H_FIN_2026A", "url_html": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_H_FIN_001.html", "lastModified": "03/10/2026 04:21:19 PM" }, { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_H_APP_001.pdf", "date": "04/28/2026", "label": "H_APP_2026A", "url_html": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_H_APP_001.html", "lastModified": "04/28/2026 04:21:49 PM" } ], "demographic_note_files": [], "updated_bill_summary_files": [], "budget_staff_analysis_files": [ { "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_hse.pdf", "date": "04/24/2026", "label": "SA1", "url_html": "", "lastModified": "04/24/2026 11:50:23 AM", "label_detailed": "House Appropriation Analysis (1)" } ], "first_chamber_third_reading_date": "05/04/2026", "second_chamber_third_reading_date": "" }
Raw Response
{"bill_num":"HB26-1221","lls_num":"26-0488","origin":"House","short_title":"Tax Expenditure Adjustments","full_bill_topic":"Tax Expenditure Adjustments","long_title":"Concerning the adjustment of certain tax expenditures.","special_type":"","bill_category":"Taxation","bill_sub_category":"Corporations","bill_sub_sub_category":"Other","is_budget_package":"No","subject":["Fiscal Policy & Taxes"],"bill_status":"In Committee - SEN Finance","sponsors":[{"id":"YZ001","title":"Representative","first_name":"Yara","last_name":"Zokaie","full_name":"Yara Zokaie","s_type":"Prime Sponsor","chamber":"House","sponsor_order":"1"},{"id":"ES001","title":"Representative","first_name":"Emily","last_name":"Sirota","full_name":"Emily Sirota","s_type":"Prime Sponsor","chamber":"House","sponsor_order":"2"},{"id":"JB005","title":"Representative","first_name":"Jennifer","last_name":"Bacon","full_name":"Jennifer Bacon","s_type":"Co-sponsor","chamber":"House"},{"id":"AB002","title":"Representative","first_name":"Andrew","last_name":"Boesenecker","full_name":"Andrew Boesenecker","s_type":"Co-sponsor","chamber":"House"},{"id":"KB002","title":"Representative","first_name":"Kyle","last_name":"Brown","full_name":"Kyle Brown","s_type":"Co-sponsor","chamber":"House"},{"id":"CC001","title":"Representative","first_name":"Chad","last_name":"Clifford","full_name":"Chad Clifford","s_type":"Co-sponsor","chamber":"House"},{"id":"SL004","title":"Representative","first_name":"Sheila","last_name":"Lieder","full_name":"Sheila Lieder","s_type":"Co-sponsor","chamber":"House"},{"id":"ML002","title":"Representative","first_name":"Mandy","last_name":"Lindsay","full_name":"Mandy Lindsay","s_type":"Co-sponsor","chamber":"House"},{"id":"JM003","title":"Representative","first_name":"Javier","last_name":"Mabrey","full_name":"Javier Mabrey","s_type":"Co-sponsor","chamber":"House"},{"id":"KM002","title":"Representative","first_name":"Karen","last_name":"McCormick","full_name":"Karen McCormick","s_type":"Co-sponsor","chamber":"House"},{"id":"KN001","title":"Representative","first_name":"Kenny","last_name":"Nguyen","full_name":"Kenny Nguyen","s_type":"Co-sponsor","chamber":"House"},{"id":"MR001","title":"Representative","first_name":"Manny","last_name":"Rutinel","full_name":"Manny Rutinel","s_type":"Co-sponsor","chamber":"House"},{"id":"LS004","title":"Representative","first_name":"Lesley","last_name":"Smith","full_name":"Lesley Smith","s_type":"Co-sponsor","chamber":"House"},{"id":"SW001","title":"Representative","first_name":"Steven","last_name":"Woodrow","full_name":"Steven Woodrow","s_type":"Co-sponsor","chamber":"House"},{"id":"JA002","title":"Senator","first_name":"Judy","last_name":"Amabile","full_name":"Judy Amabile","s_type":"Prime Sponsor","chamber":"Senate","sponsor_order":"3"},{"id":"KW001","title":"Senator","first_name":"Katie","last_name":"Wallace","full_name":"Katie Wallace","s_type":"Prime Sponsor","chamber":"Senate","sponsor_order":"4"}],"committees":[{"id":"H_FIN_2026A","chamber":"House","name":"Finance"},{"id":"H_APP_2026A","chamber":"House","name":"Appropriations"},{"id":"S_FIN_2026A","chamber":"Senate","name":"Finance"}],"first_chamber_third_reading_date":"05/04/2026","second_chamber_third_reading_date":"","summarized_history":[{"date":"05/04/2026","location":"Senate","action":"Introduced In Senate - Assigned to Finance"},{"date":"05/04/2026","location":"House","action":"House Third Reading Passed - No Amendments"},{"date":"05/01/2026","location":"House","action":"House Second Reading Special Order - Passed with Amendments - Committee, Floor"},{"date":"04/30/2026","location":"House","action":"House Second Reading Laid Over Daily - No Amendments"},{"date":"04/28/2026","location":"House","action":"House Committee on Appropriations Refer Unamended to House Committee of the Whole"},{"date":"03/09/2026","location":"House","action":"House Committee on Finance Refer Amended to Appropriations"},{"date":"02/17/2026","location":"House","action":"Introduced In House - Assigned to Finance"}],"progress_bar":[{"position":1,"label":"Introduced","end":"F"},{"position":2,"label":"Under Consideration","end":"F"}],"active":"T","session":"2026A","allow_testimony":"F","long_bill_files":[],"bill_files":[{"date":"05/04/2026","lastModified":"05/04/2026 02:35:27 PM","label":"Reengrossed","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/1221_ren.pdf","url_html":""},{"date":"05/01/2026","lastModified":"05/02/2026 11:20:25 AM","label":"Engrossed","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/1221_eng.pdf","url_html":""},{"date":"02/17/2026","lastModified":"02/17/2026 01:50:49 PM","label":"Introduced","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/1221_01.pdf","url_html":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/1221_01.html"}],"fiscal_note_files":[{"date":"03/05/2026","lastModified":"03/16/2026 01:00:06 PM","label":"FN1","label_detailed":"Initial Fiscal Note","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_00.pdf","url_html":""},{"date":"04/17/2026","lastModified":"04/17/2026 02:40:39 PM","label":"FN2","label_detailed":"First Revised Fiscal Note","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_r1.pdf","url_html":""}],"research_note_files":[],"budget_staff_analysis_files":[{"date":"04/24/2026","lastModified":"04/24/2026 11:50:23 AM","label":"SA1","label_detailed":"House Appropriation Analysis (1)","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_hse.pdf","url_html":""}], "preamended_files":[{"date":"03/11/2026","lastModified":"03/11/2026 01:10:38 PM","label":"PA1","label_detailed":"House Finance Preamend","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/1221_H_FIN_01.pdf","url_html":""}],"committee_report_files":[{"date":"03/09/2026","lastModified":"03/10/2026 04:21:19 PM","label":"H_FIN_2026A","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_H_FIN_001.pdf","url_html":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_H_FIN_001.html"},{"date":"04/28/2026","lastModified":"04/28/2026 04:21:49 PM","label":"H_APP_2026A","url":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_H_APP_001.pdf","url_html":"https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/41C8C98E4E9C7CC087258D41007FBB1B/$File/HB1221_H_APP_001.html"}],"updated_bill_summary_files":[],"demographic_note_files":[],"GHG_report_files":[],"bill_summary":"<html><body><p> The bill adjusts <strike>3</strike> <i> 2</i> existing tax expenditures.<br/></p><p> <ul><li><strike></strike> <b><strike>Section 2</strike></b> <strike> of the bill limits the alternative minimum tax credit to income tax years commencing prior to January 1, 2026;</strike></li><li> <b>Section </b> <b><strike>4</strike></b> <b> </b> <b><i>3</i></b> requires a corporation, for purposes of determining their state taxable income for state income tax years commencing on or after January 1, 2027, to add to their federal taxable income the amount, if any, that the taxpayer claimed as a deduction on the taxpayer's federal tax return pursuant to the employee remuneration deduction allowed pursuant to section 162 (m) of the internal revenue code; and</li><li> <b>Section </b> <b><strike>5</strike></b> <b><i>4</i></b> limits the period of time that net operating losses generated in income tax years commencing on or after January 1, 2027, can be carried forward from 20 years to 10 years and limits the amount of losses that may be claimed to 70% rather than 80%.</li></ul></p><p> <b>Section </b> <b><strike>3</strike></b> <b> </b> <b><i>2</i></b> creates a new tax credit. The new tax credit allows taxpayers to claim a refundable tax credit, in addition to the child tax credit and the family affordability tax credit, in an amount determined by the amount and age of the taxpayer's children and the taxpayer's income. The total amount of the new tax credit is adjusted annually based on legislative council staff projections, such that the total amount of the new tax credit claimed in an income tax year is projected to be the same as the amount of revenue raised in <b>sections </b> <b><strike>2, 4,</strike></b> <b> </b> <b><i>3</i></b> and <b><strike>5</strike></b> <b> </b> <b><i>4</i></b> <b>.</b></p><p><br/><i>(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)</i><br/><br/><br/><i>(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)</i></p></body></html>","amendment_files":[{"chamber":"House","date":"05/01/2026 03:19:41 PM","amendment":"L.009","hearing":"Second Reading","vote":"Passed**","url":"https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/CD7B0AF40614F62A87258DE7004DE3A2/HB1221_L.009.pdf","url_html":"https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/CD7B0AF40614F62A87258DE7004DE3A2/HB1221_L_009.html"},{"chamber":"House","date":"03/09/2026 05:28:18 PM","amendment":"L.003","hearing":"HOU Finance","vote":"Passed*","url":"https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/5B8CAC6DB6F20A8E87258DB5005336DB/HB1221_L.003.pdf","url_html":"https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/5B8CAC6DB6F20A8E87258DB5005336DB/HB1221_L_003.html"},{"chamber":"House","date":"03/09/2026 05:26:32 PM","amendment":"L.002","hearing":"HOU Finance","vote":"Passed*","url":"https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/26FA1FBFE58E3C0687258DB2006F17F6/HB1221_L.002.pdf","url_html":"https://s3-us-west-2.amazonaws.com/leg.colorado.gov/2026A/amendments/26FA1FBFE58E3C0687258DB2006F17F6/HB1221_L_002.html"}],"session_laws_files":"","votes":[{"vote_id":"736","chamber":"HOUSE","action":"Third Reading","date":"05/04/2026", "vote_date_time":"05/04/2026 01:53:53 PM","lay_over_date":"", "motion":"BILL","vote_yes":42,"vote_no":23,"vote_others":0,"vote_result":"Aye: 42 No: 23 Other: 0", "voice_vote":"N","vote_abs":0,"vote_exc":0,"vote_17C":0,"vote_17D":0, "url":"https://www.leg.state.co.us/CLICS/CLICS2026A/cslVotes.nsf/0/12C9CFEEA8703F5C87258DED006D4DAE?OpenDocument","member_votes":[{"last_name":"Bacon","vote":"Y"},{"last_name":"Barron","vote":"N"},{"last_name":"Boesenecker","vote":"Y"},{"last_name":"Bottoms","vote":"N"},{"last_name":"Bradfield","vote":"N"},{"last_name":"Bradley","vote":"N"},{"last_name":"Brooks","vote":"N"},{"last_name":"Brown","vote":"Y"},{"last_name":"Caldwell","vote":"N"},{"last_name":"Camacho","vote":"Y"},{"last_name":"Carter","vote":"Y"},{"last_name":"Clifford","vote":"Y"},{"last_name":"DeGraaf","vote":"N"},{"last_name":"Duran","vote":"Y"},{"last_name":"English","vote":"Y"},{"last_name":"Espenoza","vote":"Y"},{"last_name":"Feret","vote":"Y"},{"last_name":"Flanell","vote":"N"},{"last_name":"Froelich","vote":"Y"},{"last_name":"Garcia","vote":"Y"},{"last_name":"Garcia Sander","vote":"N"},{"last_name":"Gilchrist","vote":"Y"},{"last_name":"Goldstein","vote":"Y"},{"last_name":"Gonzalez R.","vote":"N"},{"last_name":"Hamrick","vote":"Y"},{"last_name":"Hartsook","vote":"N"},{"last_name":"Jackson","vote":"Y"},{"last_name":"Johnson","vote":"N"},{"last_name":"Joseph","vote":"Y"},{"last_name":"Keltie","vote":"N"},{"last_name":"Lieder","vote":"Y"},{"last_name":"Lindsay","vote":"Y"},{"last_name":"Luck","vote":"N"},{"last_name":"Lukens","vote":"Y"},{"last_name":"Mabrey","vote":"Y"},{"last_name":"Marshall","vote":"N"},{"last_name":"Martinez","vote":"Y"},{"last_name":"Mauro","vote":"Y"},{"last_name":"McCormick","vote":"Y"},{"last_name":"Nguyen","vote":"Y"},{"last_name":"Paschal","vote":"Y"},{"last_name":"Phillips","vote":"Y"},{"last_name":"Richardson","vote":"N"},{"last_name":"Ricks","vote":"Y"},{"last_name":"Rutinel","vote":"Y"},{"last_name":"Rydin","vote":"Y"},{"last_name":"Sirota","vote":"Y"},{"last_name":"Slaugh","vote":"N"},{"last_name":"Smith","vote":"Y"},{"last_name":"Soper","vote":"N"},{"last_name":"Stewart K.","vote":"Y"},{"last_name":"Stewart R.","vote":"Y"},{"last_name":"Story","vote":"Y"},{"last_name":"Suckla","vote":"N"},{"last_name":"Taggart","vote":"N"},{"last_name":"Titone","vote":"Y"},{"last_name":"Valdez","vote":"Y"},{"last_name":"Velasco","vote":"Y"},{"last_name":"Weinberg","vote":"N"},{"last_name":"Willford","vote":"Y"},{"last_name":"Winter T.","vote":"N"},{"last_name":"Woodrow","vote":"Y"},{"last_name":"Woog","vote":"N"},{"last_name":"Zokaie","vote":"Y"},{"last_name":"McCluskie","vote":"Y"}]}]}