Archive #68574

Metadata

Bill Number: HB26-1062
HTTP Status: 200
Valid JSON: Valid
Archived At: 2026-09-16 08:37:00 MDT
Created At: 2026-09-16 08:37:00 MDT

Parsed JSON

{
  "votes": [],
  "active": "F",
  "origin": "House",
  "lls_num": "26-0041",
  "session": "2026A",
  "subject": [
    "Fiscal Policy & Taxes"
  ],
  "bill_num": "HB26-1062",
  "sponsors": [
    {
      "id": "RW002",
      "title": "Representative",
      "s_type": "Prime Sponsor",
      "chamber": "House",
      "full_name": "Ron Weinberg",
      "last_name": "Weinberg",
      "first_name": "Ron",
      "sponsor_order": "1"
    }
  ],
  "bill_files": [
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/392EEE517BA344BB87258D04005ED832/$File/1062_01.pdf",
      "date": "01/14/2026",
      "label": "Introduced",
      "url_html": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/392EEE517BA344BB87258D04005ED832/$File/1062_01.html",
      "lastModified": "01/14/2026 03:12:13 PM"
    }
  ],
  "committees": [
    {
      "id": "H_FIN_2026A",
      "name": "Finance",
      "chamber": "House"
    }
  ],
  "long_title": "Concerning an expansion of the state income tax subtraction for retirement benefits to allow an individual to subtract all such benefits from federal taxable income for the purpose of calculating state taxable income.",
  "bill_status": "Postponed Indefinitely",
  "short_title": "Expand Deduction for Retirement Benefits",
  "bill_summary": "<html><body><p><t></t></p><p>Current law allows any individual to deduct amounts, up to certain caps based on the individual's age, received as pensions or annuities from any source, to the extent included in federal adjusted gross income.<t></t></p><p>Notwithstanding the caps on the deduction for amounts received as pensions or annuities from other sources, current law allows any individual who is 65 years old or older at the close of a taxable year to subtract the total amount of social security benefits that the individual received from the individual's federal taxable income, to the extent those benefits were included in federal taxable income, when determining the individual's state taxable income. This subtraction is also allowed to any individual who is 55 years old or older and has an adjusted gross income for the applicable tax year that is less than or equal to $75,000 if filing individually or $95,000 if filing jointly.</p><p><t></t></p><p>For income tax years commencing on or after January 1, 2027, the bill removes all caps on the deduction for amounts received as pensions and annuities and allows any individual who is 55 years old or older, regardless of income, to subtract the total amount that the individual received as pension or annuity income from the individual's federal taxable income, to the extent that income was included in federal taxable income, when determining the individual's state taxable income.</p><p><br/><i>(Note: This summary applies to this bill as introduced.)</i></p></body></html>",
  "progress_bar": [
    {
      "end": "F",
      "label": "Introduced",
      "position": 1
    },
    {
      "end": "T",
      "label": "Lost",
      "position": 2
    }
  ],
  "special_type": "",
  "bill_category": "Government - State",
  "allow_testimony": "F",
  "amendment_files": [],
  "full_bill_topic": "Expand Deduction for Retirement Benefits",
  "long_bill_files": [],
  "GHG_report_files": [],
  "preamended_files": [],
  "bill_sub_category": "PERA",
  "fiscal_note_files": [
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/392EEE517BA344BB87258D04005ED832/$File/HB1062_00.pdf",
      "date": "02/04/2026",
      "label": "FN1",
      "url_html": "",
      "lastModified": "02/17/2026 11:58:18 AM",
      "label_detailed": "Initial Fiscal Note"
    },
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/392EEE517BA344BB87258D04005ED832/$File/HB1062_f1.pdf",
      "date": "08/11/2026",
      "label": "FN2",
      "url_html": "",
      "lastModified": "08/20/2026 03:25:11 PM",
      "label_detailed": "Final Fiscal Note"
    }
  ],
  "is_budget_package": "No",
  "session_laws_files": "",
  "summarized_history": [
    {
      "date": "02/09/2026",
      "action": "House Committee on Finance Postpone Indefinitely",
      "location": "House"
    },
    {
      "date": "01/14/2026",
      "action": "Introduced In House - Assigned to Finance",
      "location": "House"
    }
  ],
  "research_note_files": [],
  "bill_sub_sub_category": "Other",
  "committee_report_files": [
    {
      "url": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/392EEE517BA344BB87258D04005ED832/$File/HB1062_H_FIN_001.pdf",
      "date": "02/09/2026",
      "label": "H_FIN_2026A",
      "url_html": "https://www.leg.state.co.us/CLICS/CLICS2026A/csl.nsf/0/392EEE517BA344BB87258D04005ED832/$File/HB1062_H_FIN_001.html",
      "lastModified": "02/10/2026 04:31:04 PM"
    }
  ],
  "demographic_note_files": [],
  "updated_bill_summary_files": [],
  "budget_staff_analysis_files": [],
  "first_chamber_third_reading_date": "",
  "second_chamber_third_reading_date": ""
}

Raw Response

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