Location: LSB A
Final
BILL SUMMARY for HB16-1292
HOUSE COMMITTEE ON FINANCE
BILL SUMMARY for HB16-1292
HOUSE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Postpone House Bill 16-1292 indefinitely. The mot | PASS |
04:59 PM -- HB16-1292
Representative Kagan, sponsor, introduced House Bill 16-1292. For tax years 2016, 2017, and 2018, this bill creates a $3,600 refundable income tax credit for taxpayers claiming both a child and a relative as dependents on their federal income tax return. To qualify, taxpayers must have a federal adjusted gross income at or below 200 percent of the national median household income of its size and claim both a child and relative as a dependent. Taxpayers will receive the full $3,600 if they qualify for the credit under this bill as refundable tax credits, which are not limited to a taxpayer's income tax liability. Representative Kagan gave some remarks on the bill and asked that the bill be postponed indefinitely.
| BILL: | HB16-1292 | |
| TIME: | 05:03:32 PM | |
| MOVED: | Kagan | |
| MOTION: | Postpone House Bill 16-1292 indefinitely. The motion passed on a vote of 9-0. | |
| SECONDED: | Pabon | |
VOTE |
||
Becker K. |
Excused |
|
Conti |
Yes |
|
Garnett |
Yes |
|
Kagan |
Yes |
|
Pabon |
Yes |
|
Roupe |
Excused |
|
Sias |
Yes |
|
Van Winkle |
Yes |
|
Wilson |
Yes |
|
Foote |
Yes |
|
Court |
Yes |
|
Final YES: 9 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS
| ||