Rep. Bob Marshall

Maddy summaryHJR 25-1005 is a ceremonial resolution encouraging Colorado communities to observe Martin Luther King Jr. Day on January 20, 2025 - the 41st anniversary of the state holiday. It does not create new laws or alter existing policies but urges cities, schools, counties, and local governments to hold commemorative events. The resolution honors Dr. King’s legacy, noting Colorado’s early adoption of the holiday in 1985 and its ongoing observance through events like the annual Marade. This is a non-binding call for community engagement, not a substantive legislative change.

Maddy summaryThis bill (SJR 25-002) is a procedural resolution establishing salary grades and pay ranges for specific legislative staff positions within the General Assembly. It directly affects Senate and House staff members by assigning standardized pay grades (e.g., 160SES, H1B5) to roles like Secretaries, Clerks, Policy Analysts, and Sergeants-at-Arms, with the Chaplain compensated at $25 per visit. The key mechanism is defining these compensation structures through detailed position classifications. This resolution does not create new policy but formalizes existing staffing and pay frameworks for legislative operations.

Maddy summaryThis procedural joint resolution (HJR 25-1002) schedules a ceremonial session for January 10, 2025, where Colorado's House and Senate will hear a message from Chief Justice Monica M. Marquez of the Colorado Supreme Court. It directs the appointment of a six-member committee (three from each chamber) to escort the Chief Justice to the session. The bill has no substantive policy impact - it solely establishes a formal procedure for this annual judicial communication event. It directly affects the legislative leadership and the Chief Justice's office by outlining the process for this specific ceremonial meeting.

Maddy summaryThis bill (HR 25-1002) is a procedural measure concerning House officers and employees. The provided context includes no bill text, summary, or specific provisions describing its content or effects. Without the actual text or a substantive description of the bill's requirements, mechanisms, or who it directly affects, a factual summary cannot be generated. The recent actions (introduced, passed, signed) only confirm procedural steps, not the bill's policy content.

Valuation changes. Currently, there are temporary reductions in the valuation of multi-family residential real property and all other residential real property. For the 2023 property tax year, the valuation is 6.765% of the amount equal to the actual value minus the lesser of $15,000 or the amount that causes the valuation to be $1,000 (alternate amount). Section 1 of the bill reduces these valuations for the 2023 property tax year by increasing the subtraction amount from $15,000 to $115,000 or the alternate amount. Section 2 makes a conforming amendment related to the 2023 property tax year which is tied to the 2024 property tax year assessment rate. Property tax deadlines and conforming amendments. Sections 3 to 8 delay deadlines as necessary due to the valuation changes for the 2023 property tax year and make conforming amendments related to the valuation changes. Long-term solution. Section 9 requires the legislative oversight committee concerning tax policy to study and report to the general assembly regarding a long-term solution to address property taxation in the state.(Note: This summary applies to this bill as introduced.)

The act expands the duties of the office of the inspector general in the department of corrections (department) to include, upon request of law enforcement, seeking out and arresting any fugitive from a correctional facility and assisting law enforcement in the apprehension of any fugitives from justice throughout the state. The department is required to annually report to the general assembly about the inspector general's work apprehending, and assisting law enforcement agencies with apprehending, fugitives. APPROVED by Governor June 5, 2023 EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and takes effect 90 days after sine die. (Note: This summary applies to this bill as enacted.)

The act changes how pass-through entities may elect to pay taxes, specifies how to report and account for adjustments to federal taxable income, and changes the due date for filing a C-corporation income tax return. Partnerships and S corporations (pass-through entities) have had 3 options for ensuring that the income taxes owed by nonresident owners will be paid. Pass-through entities have been able to file a composite return on behalf of these owners, withhold an estimated tax payment, or collect and file an agreement that the owner will file a separate return. For income tax years beginning on and after January 1, 2024, section 1 of the act consolidates the composite return and withholding options and clarifies the calculation of the required payment. Section 2 adopts the multistate tax commission's model statute for reporting adjustments to federal taxable income. When federal taxable income is adjusted by the internal revenue service, or by the taxpayer through an amended federal return, the taxpayer must also report that change to the state. Those changes have had to be reported within 30 days and new federal centralized partnership audit procedures have not been addressed. The act provides additional time for reporting adjustments and allows pass-through entities to handle adjustments at the entity level on behalf of their owners. Section 3 changes the due date for income tax returns by C corporations. State income tax returns have had to be filed by C corporations by April 15, and prior to 2017, the federal income tax return deadline for C corporations was March 15. This meant that the state's April 15 due date and October 15 extension deadline was one month after the federal due date. In 2017, congress moved the federal due date for C corporations to April 15. Section 3 restores the one-month lag by changing the state due date to May 15, with a November 15 extension deadline. APPROVED by Governor June 1, 2023 PORTIONS EFFECTIVE January 1, 2024 PORTIONS EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and portions of it take effect 90 days after sine die. (Note: This summary applies to this bill as enacted.)

The act specifies that when a property tax assessor values real property, the property tax assessor shall consider: The current use; Existing zoning and other governmental land use or environmental regulations and restrictions; Multi-year leases or other contractual arrangements affecting the use of or income from real property; Easements and reservations of record; and Covenants, conditions, and restrictions of record. Beginning January 1, 2024, the act requires counties with a population greater than 300,000 to use an alternative procedure to determine objections and protests of property tax valuations in any year of general reassessment of real property that is valued biennially. At the request of a taxpayer, the law requires a property tax assessor to provide the taxpayer with certain data that the assessor used to determine the value of the taxpayer's property. The act clarifies that the data the assessor is required to provide must include the primary method and rates the assessor used to value the property. APPROVED by Governor May 24, 2023 EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and takes effect 90 days after sine die.(Note: This summary applies to this bill as enacted.)

For income tax years commencing on or after January 1, 2023, but before January 1, 2027, the bill allows a refundable state income tax credit, which is intended to offset the various expenses that licensed teachers often incur throughout an academic year for classroom supplies, professional development costs, supplemental educational materials, field trips, and other items that improve the quality of the educational services that they provide, to a licensed teacher who is employed as a teacher in a public school on a full-time basis for at least one-half of an academic year (eligible teacher) during the income tax year for which the credit is claimed. The amount of the credit is $1,000 for an eligible teacher who is employed for the equivalent of an entire academic year and $500 for a teacher who is employed for one-half of an academic year. Two eligible teachers who file a joint income tax return may each claim the credit. (Note: This summary applies to this bill as introduced.)

The act implements the recommendations of the department of regulatory agencies, as contained in the department's sunset review of the issuance of private letter rulings (rulings) and information letters (letters) by the department of revenue, as follows: Continues the issuance of rulings and letters by the department of revenue and removes the issuance of rulings and letters from the sunset review process; Allows the department of revenue to extend the 90-day deadline to issue a ruling if the taxpayer agrees to the extension; and Allows the department of revenue to issue letters and rulings for any issue related to a tax or fee administered by the department of revenue. For the 2023-24 fiscal year, the act appropriates $53,644 from the private letter ruling fund to the department of revenue for use by the taxation business group for personal services related to taxation services. APPROVED by Governor May 1, 2023 EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and takes effect 90 days after sine die. (Note: This summary applies to this bill as enacted.)