Date: 05/05/2015

Final
BILL SUMMARY for HB15-1260

SENATE COMMITTEE ON FINANCE

Votes: View--> Action Taken:
Refer House Bill 15-1260 to the Committee on ApproPASS



07:27 AM -- HB15-1260

Senator Scott, prime sponsor, presented House Bill 15-1260, which increases the percentage of the wildfire mitigation state income tax deduction from 50 percent to 100 percent of the costs incurred while performing wildfire mitigation on their property. The tax deduction cannot exceed $2,500 per income tax year or the total amount of the taxpayer's federal taxable income, whichever is less. The increased income tax deduction will be available for tax years 2016 through 2024.

07:29 AM -- Mr. Ted Leighty, representing the Colorado Association of Realtors, testified in support of the bill.
BILL:HB15-1260
TIME: 07:31:14 AM
MOVED:Hill
MOTION:Refer House Bill 15-1260 to the Committee on Appropriations. The motion passed on a vote of 5-0.
SECONDED:
VOTE
Holbert
Yes
Johnston
Yes
Kerr
Yes
Hill
Yes
Neville T.
Yes
Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS