Colorado 2022 Regular Session

Colorado House Bill HB1010 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
	1	+	Second Regular Session
	2	+	Seventy-third General Assembly
	3	+	STATE OF COLORADO
	4	+	REREVISED
	5	+	This Version Includes All Amendments
	6	+	Adopted in the Second House
	7	+	LLS NO. 22-0202.02 Ed DeCecco x4216
1	8		HOUSE BILL 22-1010
2		-	BY REPRESENTATIVE(S) Sirota and Van Beber, Kipp, Amabile, Bacon,
3		-	Bernett, Bird, Boesenecker, Caraveo, Duran, Esgar, Exum, Froelich,
4		-	Gonzales-Gutierrez, Gray, Herod, Jodeh, Kennedy, Lindsay, Lontine,
5		-	McCluskie, McCormick, McLachlan, Michaelson Jenet, Roberts, Snyder,
6		-	Tipper, Titone, Valdez A., Weissman, Woodrow, Young, Garnett, Cutter,
7		-	Hooton, Ricks;
8		-	also SENATOR(S) Buckner and Kirkmeyer, Story, Bridges, Fields, Ginal,
9		-	Hinrichsen, Jaquez Lewis, Lee, Pettersen, Zenzinger, Fenberg.
	9	+	House Committees Senate Committees
	10	+	Education Finance
	11	+	Finance Appropriations
	12	+	Appropriations
	13	+	A BILL FOR AN ACT
10	14		C
11		-	ONCERNING AN INCOME TAX CREDIT FOR ELIGIBLE EARLY CHILDHOOD
12		-	EDUCATORS
13		-	, AND, IN CONNECTION THEREWITH , MAKING AN
14		-	APPROPRIATION
15		-	.
16		-	Be it enacted by the General Assembly of the State of Colorado:
17		-	SECTION 1. Legislative declaration. (1) The general assembly
18		-	hereby finds and declares that:
19		-	(a) Demand for early childhood educators and directors is expected
20		-	to increase by nearly twenty-five percent over the next ten years, a rate that
21		-	is even faster anticipated growth than for kindergarten through twelfth
22		-	grade educators, and the growth rates for early childhood professionals are
23		-	NOTE: This bill has been prepared for the signatures of the appropriate legislative
24		-	officers and the Governor. To determine whether the Governor has signed the bill
25		-	or taken other action on it, please consult the legislative status sheet, the legislative
26		-	history, or the Session Laws.
27		-	________
28		-	Capital letters or bold & italic numbers indicate new material added to existing law; dashes
29		-	through words or numbers indicate deletions from existing law and such material is not part of
30		-	the act. high everywhere, but are double in rural counties compared to urban
31		-	counties and highest in frontier counties;
32		-	(b) The early care and education sector is comprised almost
33		-	exclusively of women, forty percent of whom are people of color, and
34		-	failure to invest in this profession undermines the economic opportunity of
35		-	early educators and their ability to support the education of the children in
36		-	their classroom;
37		-	(c) These educators represent the most racially diverse sector of the
38		-	teaching workforce, compared to kindergarten through twelfth grade and
39		-	postsecondary education, but early educators are among the lowest-paid
40		-	professionals in every state, including Colorado;
41		-	(d) On average, early childhood educators earn less than half of the
42		-	salary of kindergarten teachers and over one-third report receiving subsidies
43		-	from public assistance programs to make ends meet;
44		-	(e) Low pay and instability in the early childhood sector contribute
45		-	to high turnover rates with half of all early childhood education
46		-	professionals changing jobs within three years;
47		-	(f) The COVID-19 pandemic has exacerbated the challenges facing
48		-	the recruitment, retention, and professional development of the early
49		-	childhood workforce at a time when the need for access to early care and
50		-	education is acute for working families, and women in particular, to be able
51		-	to enter the workforce; and
52		-	(g) Investments in the early care and education workforce have a
53		-	significant return on investment with every dollar invested in the early care
54		-	and education sector resulting in two dollars and twenty-seven cents in
55		-	output in the state economy and every job created in the early care and
56		-	education sector resulting in an additional nearly one and one-half new jobs
57		-	in the state economy.
58		-	(2) Now, therefore, the general assembly declares that supporting
59		-	the early childhood workforce with a targeted tax credit can support stability
60		-	in the industry and, in turn, support working families, child development,
61		-	and economic growth.
62		-	PAGE 2-HOUSE BILL 22-1010 SECTION 2. In Colorado Revised Statutes, add 39-22-547 as
63		-	follows:
64		-	39-22-547. Early childhood educator income tax credit - tax
65		-	preference performance statement - legislative declaration - definitions
66		-	- repeal. (1) (a) T
67		-	HE GENERAL ASSEMBLY FINDS AND DECLARES THAT :
	15	+	ONCERNING AN INCOME TAX CREDIT FOR ELIGIBLE EARLY101
	16	+	CHILDHOOD
	17	+	EDUCATORS, AND IN CONNECTION THEREWITH,102
	18	+	MAKING AN APPROPRIATION .103
	19	+	Bill Summary
	20	+	(Note: This summary applies to this bill as introduced and does
	21	+	not reflect any amendments that may be subsequently adopted. If this bill
	22	+	passes third reading in the house of introduction, a bill summary that
	23	+	applies to the reengrossed version of this bill will be available at
	24	+	http://leg.colorado.gov/
	25	+	.)
	26	+	Early Childhood and School Readiness Legislative
	27	+	Commission. For 5 income tax years, the bill creates a refundable income
	28	+	tax credit for an eligible early childhood educator who:
	29	+	! Has an adjusted gross income below specified thresholds;
	30	+	and
	31	+	SENATE
	32	+	3rd Reading Unamended
	33	+	May 5, 2022
	34	+	SENATE
	35	+	Amended 2nd Reading
	36	+	May 4, 2022
	37	+	HOUSE
	38	+	3rd Reading Unamended
	39	+	April 18, 2022
	40	+	HOUSE
	41	+	Amended 2nd Reading
	42	+	April 14, 2022
	43	+	HOUSE SPONSORSHIP
	44	+	Sirota and Van Beber, Kipp, Amabile, Bacon, Bernett, Bird, Boesenecker, Caraveo,
	45	+	Duran, Esgar, Exum, Froelich, Garnett, Gonzales-Gutierrez, Gray, Herod, Jodeh, Kennedy,
	46	+	Lindsay, Lontine, McCluskie, McCormick, McLachlan, Michaelson Jenet, Roberts, Snyder,
	47	+	Tipper, Titone, Valdez A., Weissman, Woodrow, Young
	48	+	SENATE SPONSORSHIP
	49	+	Buckner and Kirkmeyer, Story, Bridges, Fenberg, Fields, Ginal, Hinrichsen, Jaquez
	50	+	Lewis, Lee, Moreno, Pettersen, Zenzinger
	51	+	Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment.
	52	+	Capital letters or bold & italic numbers indicate new material to be added to existing statute.
	53	+	Dashes through the words indicate deletions from existing statute. ! For at least 6 months of the taxable year, holds an early
	54	+	childhood professional credential and is either the head of
	55	+	a family child care home or is employed with an eligible
	56	+	early childhood education program or a family child care
	57	+	home.
	58	+	The bill specifies that an early childhood education program must
	59	+	have achieved at least a level 2 quality rating under the Colorado shines
	60	+	quality rating and improvement system and either have fiscal agreements
	61	+	with the Colorado child care assistance program or meet the federal early
	62	+	head start or head start standards for a program. The amount of the credit
	63	+	is dependent on the eligible early childhood educator's credentialing level
	64	+	and is annually adjusted for inflation.
	65	+	The department of human services, or a successor department, is
	66	+	required to provide the department of revenue with an electronic report
	67	+	of each individual who held an early childhood professional credential
	68	+	during the previous calendar year for which the credit is allowed.
	69	+	Be it enacted by the General Assembly of the State of Colorado:1
	70	+	SECTION 1. Legislative declaration. (1) The general assembly2
	71	+	hereby finds and declares that:3
	72	+	(a) Demand for early childhood educators and directors is4
	73	+	expected to increase by nearly twenty-five percent over the next ten years,5
	74	+	a rate that is even faster anticipated growth than for kindergarten through6
	75	+	twelfth grade educators, and the growth rates for early childhood7
	76	+	professionals are high everywhere, but are double in rural counties8
	77	+	compared to urban counties and highest in frontier counties;9
	78	+	(b) The early care and education sector is comprised almost10
	79	+	exclusively of women, forty percent of whom are people of color, and11
	80	+	failure to invest in this profession undermines the economic opportunity12
	81	+	of early educators and their ability to support the education of the children13
	82	+	in their classroom;14
	83	+	(c) These educators represent the most racially diverse sector of15
	84	+	the teaching workforce, compared to kindergarten through twelfth grade16
	85	+	1010-2- and postsecondary education, but early educators are among the1
	86	+	lowest-paid professionals in every state, including Colorado;2
	87	+	(d) On average, early childhood educators earn less than half of3
	88	+	the salary of kindergarten teachers and over one-third report receiving4
	89	+	subsidies from public assistance programs to make ends meet;5
	90	+	(e) Low pay and instability in the early childhood sector contribute6
	91	+	to high turnover rates with half of all early childhood education7
	92	+	professionals changing jobs within three years;8
	93	+	(f) The COVID-19 pandemic has exacerbated the challenges9
	94	+	facing the recruitment, retention, and professional development of the10
	95	+	early childhood workforce at a time when the need for access to early care11
	96	+	and education is acute for working families, and women in particular, to12
	97	+	be able to enter the workforce; and13
	98	+	(g) Investments in the early care and education workforce have a14
	99	+	significant return on investment with every dollar invested in the early15
	100	+	care and education sector resulting in two dollars and twenty-seven cents16
	101	+	in output in the state economy and every job created in the early care and17
	102	+	education sector resulting in an additional nearly one and one-half new18
	103	+	jobs in the state economy.19
	104	+	(2) Now, therefore, the general assembly declares that supporting20
	105	+	the early childhood workforce with a targeted tax credit can support21
	106	+	stability in the industry and, in turn, support working families, child22
	107	+	development, and economic growth.23
	108	+	SECTION 2. In Colorado Revised Statutes, add 39-22-543 as24
	109	+	follows:25
	110	+	39-22-543. Early childhood educator income tax credit - tax26
	111	+	preference performance statement - legislative declaration -27
	112	+	1010
	113	+	-3- definitions - repeal. (1) (a) T HE GENERAL ASSEMBLY FINDS AND1
	114	+	DECLARES THAT:2
68	115		(I) T
69		-	HE BENEFITS OF QUALITY CHILD CARE AND EARLY CHILDHOOD
70		-	EDUCATION ARE WELL DOCUMENTED AND A STRIKING CONNECTION EXISTS
71		-	BETWEEN CHILDREN
72		-	'S LEARNING EXPERIENCES WELL BEFORE KINDERGARTEN
73		-	AND THEIR LATER SCHOOL SUCCESS
74		-	;
	116	+	HE BENEFITS OF QUALITY CHILD CARE AND EARLY CHILDHOOD3
	117	+	EDUCATION ARE WELL DOCUMENTED AND A STRIKING CONNECTION EXISTS4
	118	+	BETWEEN CHILDREN 'S LEARNING EXPERIENCES WELL BEFORE5
	119	+	KINDERGARTEN AND THEIR LATER SCHOOL SUCCESS ;6
75	120		(II) S
76		-	MALL BUSINESS OWNERS AND PARENTS WHO RELY ON CHILD
77		-	CARE TO WORK WOULD ALSO EXPERIENCE LOWER TURNOVER IN CHILD CARE
78		-	STAFF WHEN EARLY CHILDHOOD EDUCATORS EXPERIENCE B ETTER ECONOMIC
79		-	STABILITY
80		-	; AND
81		-	(III) WHEN EARLY CHILDHOOD EDUCATORS IMPROVE THE QUALITY
82		-	OF THEIR EDUCATION BY RECEIVING EARLY CHILDHOOD PROFESSIONAL
83		-	CREDENTIALS OR ATTAINING HIGHER CREDENTIAL LEVELS
84		-	, IT IMPROVES THE
85		-	QUALITY OF CHILDREN
86		-	'S EARLY LEARNING EXPERIENCES.
	121	+	MALL BUSINESS OWNERS AND PARENTS WHO RELY ON CHILD7
	122	+	CARE TO WORK WOULD ALSO EXPERIENCE LOWER TURNOVER IN CHILD8
	123	+	CARE STAFF WHEN EARLY CHILDHOOD EDUCATORS EXPERIENCE BETTER9
	124	+	ECONOMIC STABILITY; AND10
	125	+	(III) W
	126	+	HEN EARLY CHILDHOOD EDUCATORS IMPROVE THE QUALITY11
	127	+	OF THEIR EDUCATION BY RECEIVING EARLY CHILDHOOD PROFESSIONAL12
	128	+	CREDENTIALS OR ATTAINING HIGHER CREDENTIAL LEVELS , IT IMPROVES13
	129	+	THE QUALITY OF CHILDREN'S EARLY LEARNING EXPERIENCES.14
87	130		(b) I
88		-	N ACCORDANCE WITH SECTION 39-21-304 (1), THE PURPOSE OF
89		-	THIS TAX EXPENDITURE IS TO
90		-	:
	131	+	N ACCORDANCE WITH SECTION 39-21-304 (1), THE PURPOSE OF15
	132	+	THIS TAX EXPENDITURE IS TO:16
91	133		(I) I
92		-	NDUCE CERTAIN DESIGNATED BEHAVIOR BY TAXPAYERS , ~~WHICH~~
93		-	IN THIS INSTANCE IS FOR EARLY CHILDHOOD EDUCATORS ~~TO RECEIVE AN~~
94		-	EARLY CHILDHOOD ~~PROFESSIONAL~~ CREDENTIAL OR TO ~~ATTAIN HIGHER~~
95		-	CREDENTIAL LEVELS
96		-	~~; AND~~
97		-	~~(II) PROVIDE~~ TAX RELIEF FOR EARLY CHILDHOOD EDUCATORS .
	134	+	NDUCE CERTAIN DESIGNATED BEHAVIOR BY TAXPAYERS ,17
	135	+	WHICH IN THIS INSTANCE IS FOR EARLY CHILDHOOD EDUCATORS TO18
	136	+	RECEIVE AN EARLY CHILDHOOD PROFESSI ONAL CREDENTIAL OR TO ATTAIN19
	137	+	HIGHER CREDENTIAL LEVELS; AND20
	138	+	(II) P
	139	+	ROVIDE TAX RELIEF FOR EARLY CHILDHOOD EDUCATORS .21
98	140		(c)
99		-	THE GENERAL ASSEMBLY AND THE STATE AUDITOR SHALL
100		-	MEASURE THE EFFECTIVENESS OF THE CREDIT IN ACHIEVING THE PURPOSE
101		-	SPECIFIED IN SUBSECTION
102		-	(1)(b)(I) OF THIS SECTION BASED ON A
103		-	COMPARISON OF THE NUMBER OF EARLY CHILDHOOD PROFESSI ONAL
104		-	CREDENTIALS AT THE VARIOUS LEVELS BEFORE AND WITH THE CREDIT
105		-	.
	141	+	THE GENERAL ASSEMBLY AND THE STATE AUDITOR SHALL22
	142	+	MEASURE THE EFFECTIVENESS OF THE CREDIT IN ACHIEVING THE PURPOSE23
	143	+	SPECIFIED IN SUBSECTION (1)(b)(I) OF THIS SECTION BASED ON A24
	144	+	COMPARISON OF THE NUMBER OF EARLY CHILDHOOD PROFESSIONAL25
	145	+	CREDENTIALS AT THE VARIOUS LEVELS BEFORE AND WITH THE CREDIT .26
106	146		(d) T
107		-	HE GENERAL ASSEMBLY AND THE STATE AUDITOR ~~SHALL~~
108		-	~~MEASURE THE EFFECTIVENESS OF THE CREDIT IN ACHIEVING THE PURPOSE~~
109		-	~~PAGE 3-HOUSE~~ ~~BILL 22-1010~~ ~~SPECIFIED~~ IN ~~SUBSECTION (1)(b)(II) OF THIS SECTION BASED ON~~ THE ~~NUMBER~~
110		-	OF ~~CREDITS THAT ARE CLAIMED~~
111		-	.
	147	+	HE GENERAL ASSEMBLY AND THE STATE AUDITOR SHALL27
	148	+	1010
	149	+	-4- MEASURE THE EFFECTIVENESS OF THE CREDIT IN ACHIEVING THE PURPOSE1
	150	+	SPECIFIED IN SUBSECTION (1)(b)(II) OF THIS SECTION BASED ON THE2
	151	+	NUMBER OF CREDITS THAT ARE CLAIMED .3
112	152		(2) A
113		-	S USED IN THIS SECTION, UNLESS THE CONTEXT OTHERWISE
114		-	REQUIRES
115		-	:
	153	+	S USED IN THIS SECTION, UNLESS THE CONTEXT OTHERWISE4
	154	+	REQUIRES:5
116	155		(a) "D
117		-	EPARTMENT" MEANS THE DEPARTMENT OF REVENUE .
	156	+	EPARTMENT" MEANS THE DEPARTMENT OF REVENUE .6
118	157		(b) "E
119		-	ARLY CHILDHOOD PROFESSIONAL CREDENTIAL " MEANS THE
120		-	EARLY CHILDHOOD PROFESSIONAL CREDENTIALS ISSUED BY THE
121		-	DEPARTMENT OF EDUCATION
122		-	, OR A SUCCESSOR DEPARTMENT , AND
123		-	DESIGNATED AS EARLY CHILDHOOD PROFESSIONAL
124		-	I, EARLY CHILDHOOD
125		-	PROFESSIONAL
126		-	II, EARLY CHILDHOOD PROFESSIONAL III, EARLY CHILDHOOD
127		-	PROFESSIONAL
128		-	IV, EARLY CHILDHOOD PROFESSIONAL V, AND EARLY
129		-	CHILDHOOD PROFESSIONAL
130		-	VI.
	158	+	ARLY CHILDHOOD PROFESSIONAL CREDENTIAL " MEANS THE7
	159	+	EARLY CHILDHOOD PROFESSIONAL CREDENTIALS ISSUED BY THE8
	160	+	DEPARTMENT OF EDUCATION , OR A SUCCESSOR DEPARTMENT , AND9
	161	+	DESIGNATED AS EARLY CHILDHOOD PROFESSIONAL I, EARLY CHILDHOOD10
	162	+	PROFESSIONAL II, EARLY CHILDHOOD PROFESSIONAL III, EARLY11
	163	+	CHILDHOOD PROFESSIONAL IV, EARLY CHILDHOOD PROFESSIONAL V, AND12
	164	+	EARLY CHILDHOOD PROFESSIONAL VI. 13
131	165		(c) "E
132		-	LIGIBLE EARLY CHILDHOOD EDUCATOR " MEANS AN INDIVIDUAL
133		-	WHO
134		-	:
	166	+	LIGIBLE EARLY CHILDHOOD EDUCATOR " MEANS AN14
	167	+	INDIVIDUAL WHO:15
135	168		(I)
136		-	HAS A FEDERAL ADJUSTED GROSS INCOME LESS THAN OR EQUAL
137		-	TO SEVENTY
138		-	-FIVE THOUSAND DOLLARS FOR AN INDIVIDUAL FILING A SINGLE
139		-	RETURN
140		-	, OR HAS A FEDERAL ADJUSTED GROSS INCOME LESS THAN OR EQUAL
141		-	TO ONE HUNDRED FIFTY THOUSAND DOLLARS FOR AN INDIVIDUAL FILING A
142		-	JOINT RETURN
143		-	;
144		-	(II) H
145		-	OLDS AN EARLY CHILDHOOD PROFESSIONAL CREDENTIAL FOR
146		-	AT LEAST PART OF THE INCOME TAX YEAR FOR WHICH THE CREDIT IS
147		-	CLAIMED
148		-	; AND
149		-	(III) FOR AT LEAST SIX MONTHS OF THE INCOME TAX YEAR FOR
150		-	WHICH THE CREDIT IS CLAIMED
151		-	, IS EITHER THE LICENSEE OF AN ELIGIBLE
152		-	PROGRAM OR EMPLOYED BY AN ELIGIBLE PROGRAM
153		-	.
154		-	(d) "E
155		-	LIGIBLE PROGRAM" MEANS EITHER AN EARLY CHILDHOOD
156		-	EDUCATION PROGRAM AS DEFINED IN SECTION
157		-	26-6.5-101.5 (6.5), OR A
158		-	LICENSED FAMILY CHILD CARE HOME
159		-	. AN ELIGIBLE PROGRAM MUST HAVE
160		-	HELD AT LEAST A LEVEL ONE QUALITY RATING PURSUANT TO THE
161		-	COLORADO
162		-	SHINES QUALITY RATING AND IMPROVEMENT SYSTEM ESTABLISHED IN
163		-	SECTION
164		-	26-6.5-106 FOR THE INCOME TAX YEAR FOR WHICH THE CREDIT IS
165		-	CLAIMED
166		-	.
167		-	PAGE 4-HOUSE BILL 22-1010 (e) "FAMILY CHILD CARE HOME" HAS THE SAME MEANING AS SET
168		-	FORTH IN SECTION
169		-	26-6-102 (13).
	169	+	HAS A FEDERAL ADJUSTED GROSS INCOME LESS THAN OR EQUAL16
	170	+	TO SEVENTY-FIVE THOUSAND DOLLARS FOR AN INDIVIDUAL FILING A17
	171	+	SINGLE RETURN, OR HAS A FEDERAL ADJUSTED GROSS INCOME LESS THAN18
	172	+	OR EQUAL TO
	173	+	ONE HUNDRED FIFTY THOUSAND DOLLARS FOR AN19
	174	+	INDIVIDUAL FILING A JOINT RETURN; 20
	175	+	21
	176	+	(II) HOLDS AN EARLY CHILDHOOD PROFESSIONAL CREDENTIAL FOR22
	177	+	AT LEAST PART OF THE INCOME TAX YEAR FOR WHICH THE CREDIT IS23
	178	+	CLAIMED; AND24
	179	+	(III) F
	180	+	OR AT LEAST SIX MONTHS OF THE INCOME TAX YEAR FOR
	181	+	25
	182	+	WHICH THE CREDIT IS CLAIMED, IS EITHER THE LICENSEE OF AN ELIGIBLE26
	183	+	PROGRAM OR EMPLOYED BY AN ELIGIBLE PROGRAM .27
	184	+	1010
	185	+	-5- (d) "ELIGIBLE PROGRAM" MEANS EITHER AN EARLY CHILDHOOD1
	186	+	EDUCATION PROGRAM AS DEFINED IN SECTION 26-6.5-101.5 (6.5), OR A2
	187	+	LICENSED FAMILY CHILD CARE HOME . AN ELIGIBLE PROGRAM MUST3
	188	+	HAVE HELD AT LEAST A LEVEL ONE QUALITY RATING PURSUANT TO THE4
	189	+	C
	190	+	OLORADO SHINES QUALITY RATING AND IMPROVEMENT SYSTEM5
	191	+	ESTABLISHED IN SECTION 26-6.5-106 FOR THE INCOME TAX YEAR FOR6
	192	+	WHICH THE CREDIT IS
	193	+	CLAIMED. 7
	194	+	(e) "F
	195	+	AMILY CHILD CARE HOME" HAS THE SAME MEANING AS SET8
	196	+	FORTH IN SECTION 26-6-102 (13).9
170	197		(f) "I
171		-	NFLATION" MEANS THE ANNUAL PERCENTAGE CHANGE IN ~~THE~~
172		-	~~UNITED STATES DEPARTMENT OF LABOR 'S BUREAU OF LABOR STATISTICS~~
173		-	~~CONSUMER PRICE INDEX FOR~~
174		-	DENVER-AURORA-LAKEWOOD FOR ~~ALL ITEMS~~
175		-	PAID BY ALL URBAN CONSUMERS
176		-	~~, OR ITS APPLICABLE SUCCESSOR~~ INDEX.
	198	+	NFLATION" MEANS THE ANNUAL PERCENTAGE CHANGE IN THE10
	199	+	U
	200	+	NITED STATES DEPARTMENT OF LABOR 'S BUREAU OF LABOR STATISTICS11
	201	+	CONSUMER PRICE INDEX FOR DENVER-AURORA-LAKEWOOD FOR ALL12
	202	+	ITEMS PAID BY ALL URBAN CONSUMERS , OR ITS APPLICABLE SUCCESSOR13
	203	+	INDEX.14
177	204		(3) (a) F
178		-	OR INCOME TAX YEARS COMMENCING ON OR ~~AFTER JANUARY~~
179		-	~~1, 2022, BUT BEFORE JANUARY 1, 2026, AN ELIGIBLE EARLY CHILDHOOD~~
180		-	~~EDUCATOR IS ALLOWED A CREDIT AGAINST THE TAX IMPOSED BY THIS~~
181		-	~~ARTICLE~~
182		-	~~22 IN AN AMOUNT AS SET FORTH IN SUBSECTION (3)(b) OF THIS~~
183		-	~~SECTION~~
184		-	.
	205	+	OR INCOME TAX YEARS COMMENCING ON OR AFTER15
	206	+	J
	207	+	ANUARY 1, 2022, BUT BEFORE JANUARY 1, 2026,
	208	+	AN ELIGIBLE EARLY16
	209	+	CHILDHOOD EDUCATOR IS ALLOWED A CREDIT AGAINST THE TAX IMPOSED17
	210	+	BY THIS ARTICLE 22 IN AN AMOUNT AS SET FORTH IN SUBSECTION (3)(b) OF18
	211	+	THIS SECTION.19
185	212		(b) (I) E
186		-	XCEPT AS PROVIDED IN SUBSECTION (3)(b)(II) OF THIS
187		-	SECTION
188		-	, THE AMOUNT OF THE CREDIT EQUALS , FOR:
189		-	(A) S
190		-	EVEN HUNDRED FIFTY DOLLARS FOR AN EARLY CHILDHOOD
191		-	PROFESSIONAL
192		-	I;
193		-	(B) O
194		-	NE THOUSAND DOLLARS FOR AN EARLY CHILDHOOD
195		-	PROFESSIONAL
196		-	II; AND
197		-	(C) ONE THOUSAND FIVE HUNDRED DOLLARS FOR AN EARLY
198		-	CHILDHOOD PROFESSIONAL
199		-	III, EARLY CHILDHOOD PROFESSIONAL IV, EARLY
200		-	CHILDHOOD PROFESSIONAL
201		-	V, OR EARLY CHILDHOOD PROFESSIONAL VI.
	213	+	XCEPT AS PROVIDED IN SUBSECTION (3)(b)(II) OF THIS20
	214	+	SECTION, THE AMOUNT OF THE CREDIT EQUALS , FOR:21 (A) SEVEN HUNDRED FIFTY DOLLARS FOR AN EARLY CHILDHOOD22
	215	+	PROFESSIONAL I;23
	216	+	(B) ONE THOUSAND DOLLARS FOR AN EARLY CHILDHOOD24
	217	+	PROFESSIONAL II; AND25
	218	+	(C) ONE THOUSAND FIVE HUNDRED DOLLARS FOR AN EARLY26
	219	+	CHILDHOOD PROFESSIONAL III, EARLY CHILDHOOD PROFESSIONAL IV,27
	220	+	1010
	221	+	-6- EARLY CHILDHOOD PROFESSIONAL V, OR EARLY CHILDHOOD1
	222	+	PROFESSIONAL VI.2
202	223		(II) F
203		-	OR THE INCOME TAX YEARS COMMENCING ON OR AFTER
204		-	JANUARY 1, 2023, THE DEPARTMENT SHALL ADJUST THE CREDIT AMOUNTS
205		-	SET FORTH IN SUBSECTION
206		-	(3)(b)(I) OF THIS SECTION TO REFLECT INFLATION
207		-	FOR EACH INCOME TAX YEAR IN WHICH THE CREDIT DESCRIBED IN THIS
208		-	SECTION IS ALLOWED
209		-	.
	224	+	OR THE INCOME TAX YEARS COMMENCING ON OR AFTER3
	225	+	J
	226	+	ANUARY 1, 2023, THE DEPARTMENT SHALL ADJUST THE CREDIT AMOUNTS4
	227	+	SET FORTH IN SUBSECTION (3)(b)(I) OF THIS SECTION TO REFLECT5
	228	+	INFLATION FOR EACH INCOME TAX YEAR IN WHICH THE CREDIT DESCRIBED6
	229	+	IN THIS SECTION IS ALLOWED.7
210	230		(c) E
211		-	ACH ELIGIBLE EARLY CHILDHOOD EDUCATOR IS ONLY ALLOWED
212		-	ONE CREDIT PER INCOME TAX YEAR
213		-	, EVEN IF THE ELIGIBLE EARLY
214		-	CHILDHOOD EDUCATOR EARNS A HIGHER LEVEL EARLY CHILDHOOD
215		-	PROFESSIONAL CREDENTIAL IN THE SAME YEAR
216		-	. IN SUCH CASE, THE ELIGIBLE
217		-	EARLY CHILDHOOD EDUCATOR
218		-	'S CREDIT IS BASED ON THE HIGHEST EARLY
219		-	CHILDHOOD PROFESSIONAL CREDENTIAL ATTAINED DURING THE INCOME TAX
220		-	YEAR
221		-	.
222		-	PAGE 5-HOUSE BILL 22-1010 (4) THE AMOUNT OF THE CREDIT UNDER THIS SECTION THAT EXCEEDS
223		-	THE ELIGIBLE EARLY CHILDHOOD EDUCATOR
224		-	'S INCOME TAXES DUE IS
225		-	REFUNDED TO THE ELIGIBLE EARLY CHILDHOOD EDUCATOR
226		-	.
	231	+	ACH ELIGIBLE EARLY CHILDHOOD EDUCATOR IS ONLY8
	232	+	ALLOWED ONE CREDIT PER INCOME TAX YEAR , EVEN IF THE ELIGIBLE9
	233	+	EARLY CHILDHOOD EDUCATOR EARNS A HIGHER LEVEL EARLY CHILDHOOD10
	234	+	PROFESSIONAL CREDENTIAL IN THE SAME YEAR . IN SUCH CASE, THE11
	235	+	ELIGIBLE EARLY CHILDHOOD EDUCATOR 'S CREDIT IS BASED ON THE12
	236	+	HIGHEST EARLY CHILDHOOD PROFESSIONAL CREDENTIAL ATTAINED13
	237	+	DURING THE INCOME TAX YEAR . 14
	238	+	(4) T
	239	+	HE AMOUNT OF THE CREDIT UNDER THIS SECTION THAT15
	240	+	EXCEEDS THE ELIGIBLE EARLY CHILDHOOD EDUCATOR 'S INCOME TAXES16
	241	+	DUE IS REFUNDED TO THE ELIGIBLE EARLY CHILDHOOD EDUCATOR .17
227	242		(5) N
228		-	O LATER THAN JANUARY 1, 2023, AND EACH JANUARY 1
229		-	THEREAFTER THROUGH JANUARY 1, 2026, THE DEPARTMENT OF HUMAN
230		-	SERVICES
231		-	, OR A SUCCESSOR DEPARTMENT, SHALL PROVIDE THE DEPARTMENT
232		-	OF REVENUE WITH AN ELECTRONIC REPORT OF EACH INDIVIDUAL WHO HELD
233		-	AN EARLY CHILDHOOD PROFESSIONAL CREDENTIAL DURING THE PREVIOUS
234		-	CALENDAR YEAR FOR WHICH THE CREDIT IS ALLOWED
235		-	. THE DEPARTMENT
236		-	SHALL INCLUDE THE FOLLOWING INFORMATION IN THE REPORT
237		-	, IF
238		-	AVAILABLE
239		-	:
	243	+	O LATER THAN JANUARY 1, 2023, AND EACH JANUARY 118
	244	+	THEREAFTER THROUGH JANUARY 1, 2026,
	245	+	THE DEPARTMENT OF HUMAN19
	246	+	SERVICES, OR A SUCCESSOR DEPARTMENT , SHALL PROVIDE THE20
	247	+	DEPARTMENT OF REVENUE WITH AN ELECTRONIC REPORT OF EACH21
	248	+	INDIVIDUAL WHO HELD AN EARLY CHILDH OOD PROFESSIONAL CREDENTIAL22
	249	+	DURING THE PREVIOUS CALENDAR YEAR FOR WHICH THE CREDIT IS23
	250	+	ALLOWED. THE DEPARTMENT SHALL INCLUDE THE FOLLOWING24
	251	+	INFORMATION IN THE REPORT, IF AVAILABLE:25
240	252		(a) T
241		-	HE NAME OF THE INDIVIDUAL WHO HOLDS THE EARLY
242		-	CHILDHOOD PROFESSIONAL CREDENTIAL
243		-	;
244		-	(b) T
245		-	HE INDIVIDUAL'S SOCIAL SECURITY NUMBER OR TAX
246		-	IDENTIFICATION NUMBER
247		-	;
	253	+	HE NAME OF THE INDIVIDUAL WHO HOLDS THE EARLY26
	254	+	CHILDHOOD PROFESSIONAL CREDENTIAL ;27
	255	+	1010
	256	+	-7- (b) THE INDIVIDUAL'S SOCIAL SECURITY NUMBER OR TAX1
	257	+	IDENTIFICATION NUMBER;2
248	258		(c) T
249		-	HE HIGHEST LEVEL OF EARLY CHILDHOOD PROFESSIONAL
250		-	CREDENTIAL HELD BY THE INDIVIDUAL DURING THE YEAR
251		-	; AND
252		-	(d) THE LENGTH OF TIME THAT THE INDIVIDUAL HELD AN EARLY
253		-	CHILDHOOD PROFESSIONAL CREDENTIAL AT ANY LEVEL
254		-	.
	259	+	HE HIGHEST LEVEL OF EARLY CHILDHOOD PROFESSIONAL3
	260	+	CREDENTIAL HELD BY THE INDIVIDUAL DURING THE YEAR ; AND4
	261	+	(d) T
	262	+	HE LENGTH OF TIME THAT THE INDIVIDUAL HELD AN EARLY5
	263	+	CHILDHOOD PROFESSIONAL CREDENTIAL AT ANY LEVEL .6
255	264		(6) T
256	265		HIS SECTION IS REPEALED, EFFECTIVE JULY 1, 2030.
257		-	SECTION 3. Appropriation. (1) For the 2022-23 state fiscal year,
258		-	$156,743 is appropriated to the department of revenue. This appropriation
259		-	is from the general fund. To implement this act, the department may use this
260		-	appropriation as follows:
261		-	(a) $125,991 for use by taxation services for personal services,
262		-	which amount is based on an assumption that the department will require
263		-	an additional 2.0 FTE;
264		-	(b) $21,570 for use by taxation services for operating expenses;
265		-	(c) $4,950 for tax administration IT system (GenTax) support;
266		-	PAGE 6-HOUSE BILL 22-1010 (d) $3,200 for use by the executive director's office for personal
267		-	services; and
268		-	(e) $1,032 for the purchase of document management services.
269		-	(2) For the 2022-23 state fiscal year, $1,032 is appropriated to the
270		-	department of personnel. This appropriation is from reappropriated funds
271		-	received from the department of revenue under subsection (1)(e) of this
272		-	section. To implement this act, the department of personnel may use this
273		-	appropriation to provide document management services for the department
274		-	of revenue.
275		-	SECTION 4. Act subject to petition - effective date. This act
276		-	takes effect at 12:01 a.m. on the day following the expiration of the
277		-	ninety-day period after final adjournment of the general assembly; except
278		-	that, if a referendum petition is filed pursuant to section 1 (3) of article V
279		-	of the state constitution against this act or an item, section, or part of this act
280		-	within such period, then the act, item, section, or part will not take effect
281		-	unless approved by the people at the general election to be held in
282		-	PAGE 7-HOUSE BILL 22-1010 November 2022 and, in such case, will take effect on the date of the official
283		-	declaration of the vote thereon by the governor.
284		-	____________________________ ____________________________
285		-	Alec Garnett Steve Fenberg
286		-	SPEAKER OF THE HOUSE PRESIDENT OF
287		-	OF REPRESENTATIVES THE SENATE
288		-	____________________________ ____________________________
289		-	Robin Jones Cindi L. Markwell
290		-	CHIEF CLERK OF THE HOUSE SECRETARY OF
291		-	OF REPRESENTATIVES THE SENATE
292		-	APPROVED________________________________________
293		-	(Date and Time)
294		-	_________________________________________
295		-	Jared S. Polis
296		-	GOVERNOR OF THE STATE OF COLORADO
297		-	PAGE 8-HOUSE BILL 22-1010
	266	+	7
	267	+	SECTION 3. Appropriation. (1) For the 2022-23 state fiscal8
	268	+	year, $156,743 is appropriated to the department of revenue. This9
	269	+	appropriation is from General Fund. To implement this act, the10
	270	+	department may use this appropriation as follows:11
	271	+	(a) $125,991 for use by taxation services for personal services,12
	272	+	which amount is based on an assumption that the department will require13
	273	+	an additional 2.0 FTE;14
	274	+	(b) $21,570 for use by taxation services for operating expenses;15
	275	+	(c) $4,950 for tax administration IT system (GenTax) support;16
	276	+	(d) $3,200 for use by the executive director's office for personal17
	277	+	services; and18
	278	+	(e) $1,032 for the purchase of document management services.19
	279	+	(2) For the 2022-23 state fiscal year, $1,032 is appropriated to the20
	280	+	department of personnel. This appropriation is from reappropriated funds21
	281	+	received from the department of revenue under subsection (1)(e) of this22
	282	+	section. To implement this act, the department of personnel may use this23
	283	+	appropriation to provide document management services for the24
	284	+	department of revenue.25
	285	+	SECTION 4. Act subject to petition - effective date. This act26
	286	+	takes effect at 12:01 a.m. on the day following the expiration of the27
	287	+	1010
	288	+	-8- ninety-day period after final adjournment of the general assembly; except1
	289	+	that, if a referendum petition is filed pursuant to section 1 (3) of article V2
	290	+	of the state constitution against this act or an item, section, or part of this3
	291	+	act within such period, then the act, item, section, or part will not take4
	292	+	effect unless approved by the people at the general election to be held in5
	293	+	November 2022 and, in such case, will take effect on the date of the6
	294	+	official declaration of the vote thereon by the governor.7
	295	+	1010
	296	+	-9-