Colorado Association of Private Schools

Legislative Issues

529 ACCOUNTS

529 Fact Sheet
529-Expansion-Memo.pdf
Adobe Acrobat document [614.3 KB]

CO H 1209	Sponsor:	Alec Garnett (D-002)
	Sponsor:	Pettersen (D)
	Title:	Income Tax Deduction
	Introduced:	02/05/2018
	Disposition:	Pending
	Location:	Postponed Indefinitely
	Summary:	Concerns amendments to the state income tax deduction for contributions to a qualified 529 account to ensure that the state income tax deduction is not aligned with the changes in the federal Tax Cuts and Jobs Act of 2017 that allow tax-free distributions for elementary and secondary school expenses.
	STATUS:
	4/19/2018	From SENATE Committee on FINANCE: Postponed indefinitely.
	03/26/2018	From HOUSE Committee on EDUCATION: Reported favorably.
	02/05/2018	In HOUSE, to second reading
	Position:	Strongly Oppose

CO H 1217

Sponsor:

Kevin Van Winkle (R-043)

Sponsor:

Gardner B (R), Garnett (D)

Title:

Working Families College Savings Act

Introduced:

02/05/2018

Disposition:

To Governor

Location:

Governor

Summary:

Concerns a temporary income tax credit for employers that make contributions to 529 qualified state tuition program accounts owned by their employees; enacts the Working Families College Savings Act.

STATUS:

05/04/2018

In SENATE. Read third time. Passed SENATE.

03/14/18

From HOUSE Committee on FINANCE: Reported favorably with amendment.

03/14/2018

To HOUSE Committee on APPROPRIATIONS.

Position:

SUPPORT

CO H 1221	Sponsor:	Timothy Leonard (R-025)
	Sponsor:	Neville (R)
	Title:	Income Tax Deduction
	Introduced:	02/05/2018
	Disposition:	Pending
	Location:	Postponed Indefinitely
	Summary:	Concerns the alignment of the state income tax decution for contributions to a qualified 529 account with the changes in the federal Tax Cuts and Jobs Act of 2017 that allow tax-free distributions for kindergarten through twelfth grade school expenses.
	STATUS:
	02/05/18	INTRODUCED
	03/26/18	From HOUSE Committee on EDUCATION: Postponed indefinitely.
	Position:	SUPPORT

EARLY EDUCATION — Child Care

CO H 1004

Sponsor:	Coleman (D)
Title:	Continue Child Care Contribution Tax Credit
Introduced:	01/10/2018
Disposition:	Eligible to Governor
Location:	Governor
Summary:	Concerns the continuation of the income tax credit for a qualifying contribution to promote child care in the state.
STATUS:
01/29/2018	From HOUSE Committee on FINANCE: Reported favorably with amendment.
05/04/2018	In SENATE. Read third time. Passed SENATE.
Commentary:	A donor to child care programs may receive a 50% tax credit.
Position:	WATCH

HEALTH and SAFETY

CO H 1037

Sponsor:	Neville (R)
Title:	Concealed Handguns On School Grounds
Introduced:	01/10/2018
Disposition:	Pending
Location:	Postponed Indefinitely
Summary:	Concerns allowing concealed handgun permit holders to carry concealed handguns on school grounds.
STATUS:
01/10/2018	INTRODUCED.
02/21/2018	From HOUSE Committee on STATE, VETERANS, & MILITARY AFFAIRS: Postponed indefinitely.
Commentary:	Removes prohibition on carrying concealed weapon on public school grounds or university property if holder of lawful permit
Position:	WATCH

EMPLOYMENT—Employer Liability

CO S 44

Sponsor:	Crowder (R)
Title:	Veterans Employment Preference By Private Employer
Introduced:	01/10/2018
Disposition:	Pending
Location:	Concurence
Summary:	Concerns the ability of private employers to give preference to veterans when making certain employment decisions.
STATUS:

05/09/2018	HOUSE insists on its amendments.
Position:	Support

K12 SCHOOLS GENERAL—Property Taxes

CO S 70

Sponsor:	Neville (R)
Title:	Church Property Tax Exemption
Introduced:	01/12/2018
Disposition:	Pending
Location:	Postponed Indefinitely
Summary:	Concerns the elimination of ownership as a requirement to qualify for the property tax exemption for property that is used solely and exclusively for religious purposes: enacts the Church Property Tax Fairness Act.
STATUS:
04/04/2018	From HOUSE Committee on STATE, VETERANS, & MILITARY AFFAIRS: Postponed indefinitely.
03/13/2018	To HOUSE Committee on STATE, VETERANS, & MILITARY AFFAIRS.
Position:	WATCH

SCHOOL CHOICE

CO S 83

Sponsor:	Lundberg (R)
Title:	Education Income Tax Credits For Nonpublic School
Introduced:	01/12/2018
Disposition:	Pending
Location:	Postponed Indefinitely
Summary:	Concerns the creation of income tax credits for nonpublic education.
STATUS:
05/07/2018	From HOUSE Committee on EDUCATION: Postponed indefinitely.
02/06/2018	To SENATE Committee on APPROPRIATIONS.
Commentary:	Bill authorizes tax credit for taxpayer who either enrolls public school or homeschool student in private school OR provides a scholarship for a child attending private school. Private school provides certification.
Commentary001:	Tax credit "EQUALS EITHER THE AMOUNT OF TUITION PAID FOR THE QUALIFIED CHILD OR THE AMOUNT OF THE SCHOLARSHIP PROVIDED TO A QUALIFIED CHILD, AS APPLICABLE, OR FIFTY PERCENT OF THE PREVIOUS FISCAL YEAR'S STATE AVERAGE PER PUPIL REVENUES, WHICHEVER IS LESS."
Position:	Strongly Support

Colorado Association of Private Schools

731 Chapel Hills Dr

Colorado Springs, 80920

Phone: 719-867-0201 719-867-0201

Fax: 719-531-0631

E-mail Address: info.caps@thecaps.org