HB 24-1243 Colorado House · 2024 Regular Session

Income Tax Owed by Minors on Earned Income

Summary
Currently, an individual aged 17 years or younger (minor) is liable to the state for income tax on earned income. The bill allows a subtraction from federal taxable income of an amount equal to the earned income of a minor. An employer is not required to deduct income tax from the wages of a minor. (Note: This summary applies to this bill as introduced.)
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 12, 2024 Last action May 14, 2024
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
4
Key actions
1
Committee
2
Apr 1, 2024
Committee
House Committee on Finance Refer Amended to Appropriations
lower
Mar 18, 2024
Lower · Passed
House Committee on Finance Witness Testimony and/or Committee Discussion Only
lower
Feb 12, 2024
Introduced
Introduced In House - Assigned to Finance
lower
2 primary · 0 co-sponsors

Sponsors