HB 21-1080

  • Colorado House Bill
  • 2021 Regular Session
  • Introduced in House Feb 16, 2021
  • House
  • Senate
  • Governor

Nonpublic Education And COVID-19 Relief Act

Abstract

The bill establishes a private school tuition income tax credit commencing on or after January 1, 2021, that allows any taxpayer to claim a credit when the taxpayer enrolls a qualified child in a private school or the taxpayer provides a scholarship to a qualified child for enrollment in a private school. The private school issues the taxpayer a credit certificate and the amount of the credit is: For full-time attendance, an amount equal to either the tuition paid or the scholarship provided to a qualified child, as applicable, or 50% of the previous year's state average per pupil revenues, whichever is less; and For half-time attendance, an amount equal to either the tuition paid or the scholarship provided to a qualified child, as applicable, or 25% of the previous year's state average per pupil revenues, whichever is less. The bill also establishes a home-based education income tax credit commencing on or after January 1, 2021, that allows any taxpayer who uses home-based education for a qualified child to claim an income tax credit in an amount equal to: $1,000 for a taxpayer who uses home-based education for a qualified child who was enrolled on a full-time basis in a public school in the state prior to being taught at home; and $500 for a taxpayer who uses home-based education for a qualified child who was enrolled on a half-time basis in a public school in the state prior to being taught at home. Both credits may be carried forward for 3 years but may not be refunded. In addition, the credits may be transferred, subject to certain limitations. (Note: This summary applies to this bill as introduced.)

Bill Sponsors (1)

Votes


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Actions


Feb 25, 2021

House

House Committee on Education Postpone Indefinitely

Education

Feb 16, 2021

House

Introduced In House - Assigned to Education

  • Introduction
Education

Bill Text

Bill Text Versions Format
Introduced (02/16/2021) PDF
Committee Amendment PDF

Related Documents

Document Format
Fiscal Note FN1 (02/22/2021) PDF

Sources

Data on Open States is updated nightly from the official website of the Colorado General Assembly.

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