HB 19-1228
signedIncrease Tax Credit Allocation Affordable Housing
Summary
Income tax - affordable housing tax credit - increase in aggregate amount of tax credits that may be allocated annually. Currently, under the affordable housing tax credit, during each calendar year of the period beginning in 2015 and ending in 2024 the Colorado housing and finance authority (CHFA) may allocate tax credits in an aggregate amount up to $5 million annually. The act increases the annual aggregate cap to $10 million for the years beginning on January 1, 2020, and ending on December 31, 2024.(Note: This summary applies to this bill as enacted.) Read More
Details
- Chamber
- House
- First action
- 2019-03-08
- Latest action
- 2019-05-17
- Last action desc.
- Governor Signed
- OpenStates
- View source ↗
Sponsors
- Shannon Bird (primary) · Democratic
- Brianna Titone (primary) · Democratic
- Jack Tate (primary) · Republican
- Rachel Zenzinger (primary) · Democratic
Related Legislation
This bill affects (1)
amends
Affected by (6)
amends
amends
relates
relates
relates
repeals
Votes
BILL
2019-04-27 · Senate · pass — Yes: 32 · No: 2 · Other: —
BILL
2019-04-27 · Senate · pass — Yes: 43 · No: 20 · Other: —