CO SB060

Creates a state income tax credit for eligible educators whose qualifying expenses exceed $250 but do not exceed $750, with the credit amount equal to expenses in that range.

Applies to income tax years beginning January 1, 2019, through December 31, 2023.

Defines "educator" as individuals who qualify as eligible educators under the federal educator expense deduction under 26 U.S.C. Section 62(d)(1).

Allows any credit amount exceeding the educator's income tax liability to be refunded to the educator.

Automatically repeals on December 31, 2027.