HB 23-1083

House Bill 23-1083, which has been signed into law in Colorado, updates the definition of qualified higher education expenses to include costs related to commercial pilot training programs. This means that fees, books, supplies, and equipment for aviation courses that meet federal standards can now be considered eligible expenses for financial aid or tax benefits. The bill affects students pursuing careers as commercial pilots by making their educational costs more financially manageable through existing assistance programs. Since the bill is signed, these changes are now in effect.

Official Summary

Current law excludes expenses related to aviation training programs for commercial pilots from qualified higher education expenses. The bill expands the definition of "qualified higher education expense" to include commercial pilot aviation training course expenses for fees, books, supplies, and equipment if the course complies with the requirements of federal law and the federal aviation administration. (Note: This summary applies to this bill as introduced.)