Reduce The State Income Tax Rate
Summary
For income tax years commencing on and after January 1, 2018, the bill reduces both the individual and the corporate state income tax rate from 4.63% to 4.43%. The bill also reduces the state alternative minimum tax by 0.2% for income tax years commencing on and after January 1, 2018. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) Read More
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2018
Committee Review
May 2018
Senate Passage
Apr 2018
House Passage
Governor
Introduced Jan 11, 2018
Last action May 2, 2018
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
1
Committee
3
May 2, 2018
Lower · Passed
House Committee on State, Veterans, & Military Affairs Postpone Indefinitely
lower
Apr 23, 2018
Introduced
Introduced In House - Assigned to State, Veterans, & Military Affairs
lower
Apr 11, 2018
Committee
Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole
upper
Jan 30, 2018
Committee
Senate Committee on Finance Refer Unamended to Appropriations
upper
Jan 11, 2018
Introduced
Introduced In Senate - Assigned to Finance
upper
3 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jerry Sonnenberg
RRepublican
P
KG
Kevin Grantham
RRepublican
P
Polly Lawrence
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 18-061
Scope: CO
Hi! I can help you understand SB 18-061. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline