Income tax credit available for eligible teachers
Published: Mar. 19, 2023 at 3:31 PM MDT
GRAND JUNCTION, Colo. (KJCT) - A new House bill has been introduced.
The new bill, HB23-1208, includes information about income tax credit for eligible teachers.
If it passes, the bill will allow a refundable state income tax credit that will offset classroom expenses for the academic school year.
Eligible teachers can receive up to a thousand dollars for one school year and $500 for teachers that are employed half of an academic year.
Prime sponsors of the bill include Representative Bob Marshall (D), Representative Matt Soper (R), and Senator Janice Rich (R).
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