COLORADO WORKS BETTER™ Taxpayer Shareholder Portal Follow

Who runs this

Works Better Corporation, a nonpartisan public benefit corporation, builds this site.

Independent public-records project, separate from the State of Colorado and from every party and campaign.

Every number carries one of four labels (FACT, CALC, SAMPLE or PENDING) and a source you can open.

Starting The Child Tax Credit

Concerning the start of the child tax credit.

HB16-1045 2016 Regular Session Not stated Fiscal Policy & Taxes

Cost estimates

At the first note read
Row printed, no figure
FACT January 26, 2016
At the last note read
Row printed, no figure
FACT July 6, 2016
What it actually cost
not published
No Colorado source reports spending for one bill

Every figure here is an estimate by Legislative Council Staff on the date shown, about the version of the bill in front of them that day. It is not a cost.

The appropriation

The bill requires money it does not carry — the note says an appropriation is required and does not say the bill includes one.

An appropriation is money the legislature sets aside. It is not money spent.

The appropriation field, read from the note: $892,999 - Department of Revenue (FY 2016-17).

Bill summary

In 2013, the general assembly created a child tax credit against state income taxes for a resident individual. But the credit, which is a percentage of the federal child tax credit based on the taxpayer's income, is only allowed after the United States congress enacts a version of the 'Marketplace Fairness Act'.

The bill repeals the contingent start of the tax credit and instead allows the credit to be claimed for any income tax year beginning with the 2016 income tax year.

FACT Bill summary by Colorado Legislative Council Staff, read 2026-09-23. Printed as published, word for word. Source: leg.colorado.gov (opens in a new tab)