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.

Wildfire Mitigation Income Tax Credit

Concerning changing the wildfire mitigation income tax deduction to the wildfire mitigation income tax credit.

HB16-1052 2016 Regular Session Not stated Fiscal Policy & Taxes

Cost estimates

At the first note read
$1,200
FACT January 19, 2016
At the last note read
$1,200
FACT May 19, 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: $1,200 -Department of Revenue (FY 2016-17)

Bill summary

The bill changes the wildfire mitigation income tax deduction to the wildfire mitigation income tax credit. An income tax deduction reduces a taxpayer's taxable income, the amount to which the tax rate is applied. A tax credit reduces a taxpayer's tax liability by taking a dollar-for-dollar reduction in what is owed by what the credit allows. The bill allows a landowner a credit of 25% of the costs incurred in performing wildfire mitigation measures, not to exceed $2,500. Any amount in excess of the landowner's tax liability in the year the credit is first claimed may be carried forward to offset the landowner's future tax liability for 5 years.

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)