CO HB1385

Requires courts to consider federal tax deductibility of spousal maintenance when determining maintenance awards in dissolution, legal separation, and invalidity proceedings.

Establishes different calculation methodologies for maintenance awards based on whether payments are tax-deductible or non-deductible under federal law, with adjustments ranging from 75-80% of calculated amounts for non-deductible payments depending on income levels.

Applies 1.25 multiplier to alimony or maintenance payments and receipts that are not tax-deductible for federal income tax purposes when calculating adjusted gross income for both spousal maintenance and child support.

Declares that the December 2017 Tax Cuts and Jobs Act does not constitute a substantial and continuing change of circumstance for purposes of modifying maintenance orders entered prior to the law's effective date.

Requires courts to make findings regarding whether maintenance awards are federally tax-deductible and to consider equitable allocation of tax burden between parties as a factor in determining maintenance amounts.