h_fin_2016a_2016-04-13t13:32:26z4 Hearing Summary
Date: 04/13/2016
Final
BILL SUMMARY for HB16-1292
HOUSE COMMITTEE ON FINANCE
Votes: View--> | Action Taken: |
Postpone House Bill 16-1292 indefinitely. The mot | PASS |
04:59 PM -- HB16-1292
Representative Kagan, sponsor, introduced House Bill 16-1292. For tax years 2016, 2017, and 2018, this bill creates a $3,600 refundable income tax credit for taxpayers claiming both a child and a relative as dependents on their federal income tax return. To qualify, taxpayers must have a federal adjusted gross income at or below 200 percent of the national median household income of its size and claim both a child and relative as a dependent. Taxpayers will receive the full $3,600 if they qualify for the credit under this bill as refundable tax credits, which are not limited to a taxpayer's income tax liability. Representative Kagan gave some remarks on the bill and asked that the bill be postponed indefinitely.
BILL: | HB16-1292 | |
TIME: | 05:03:32 PM | |
MOVED: | Kagan | |
MOTION: | Postpone House Bill 16-1292 indefinitely. The motion passed on a vote of 9-0. | |
SECONDED: | Pabon | |
VOTE
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Becker K.
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Excused
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Conti
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Yes
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Garnett
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Yes
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Kagan
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Yes
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Pabon
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Yes
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Roupe
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Excused
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Sias
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Yes
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Van Winkle
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Yes
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Wilson
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Yes
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Foote
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Yes
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Court
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Yes
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Final YES: 9 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS
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