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HB 1223·CO·house

Modifying Certain Tax Expenditures

Signed into LawFiled Feb 17, 2026
Sponsor: Andy Boesenecker (D)
Latest Action

Governor Signed

Jun 4, 2026

Summary

The bill adds a new tax credit that families can claim for each eligible child, supplementing existing child and family affordability credits. The credit amount varies by the child’s age and is reduced as a family’s income rises, with the income thresholds updated for inflation. It also requires the state auditor and the Department of Revenue to measure how many families move above the federal poverty line because of the credit.

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