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CO HB1085

Bill

Status

Passed

5/20/2019

Primary Sponsor

Tony Exum

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Origin

House of Representatives

2019 Regular Session

AI Summary

HB 19-1085 Summary

  • Establishes new property tax and heat/fuel assistance grant amounts for low-income seniors and individuals with disabilities, effective for the 2019 calendar year and thereafter, with amounts adjusted annually for inflation.

  • Creates a flat grant amount of $238 for property tax assistance and $77 for heat/fuel assistance in 2019, with maximum eligible income limits of $15,192 for individuals and $20,518 for spouses in 2019.

  • Simplifies grant calculations to use either a reduced amount based on income over a phase-out threshold or a flat grant amount, whichever is greater, replacing previous tiered income-based formulas.

  • Repeals previous grant formulas and income thresholds effective July 1, 2021, consolidating the program structure going forward.

  • Appropriates $24,847 to the Department of Revenue for 2019-20 fiscal year ($10,467 for staff, $13,180 for IT system support, $1,200 for document services) and increases general fund allocation by $653,500 for grant program implementation.

Legislative Description

Grants For Property Tax Rent And Heat

State Government

Last Action

Governor Signed

5/20/2019

Committee Referrals

Finance4/19/2019
Committee of the Whole4/18/2019
Appropriations1/28/2019
Finance1/14/2019

Full Bill Text

No bill text available