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HB19-1228

Increase Tax Credit Allocation Affordable Housing

Concerning an increase in the aggregate amount of the tax credits that the Colorado housing and finance authority may allocate in a calendar year under the Colorado affordable housing tax credit.
Session:
2019 Regular Session
Subjects:
Fiscal Policy & Taxes
Housing
Bill Summary

Currently, under the affordable housing tax credit, during each calendar year of the period beginning in 2015 and ending in 2024 the Colorado housing and finance authority (CHFA) may allocate tax credits in an aggregate amount up to $5 million annually. The bill increases the annual aggregate cap to $10 million for the years beginning on January 1, 2020, and ending on December 31, 2024.


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Status

Introduced
Passed

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Bill Text

  • All Versions (6 )
    Date Bill Type Documents
    05/13/2019 Final Act PDF
    04/27/2019 Rerevised PDF
    04/26/2019 Revised PDF
    04/16/2019 Reengrossed PDF
    04/12/2019 Engrossed PDF
    03/08/2019 Introduced PDF