HB22-1030 Summary

• Creates a refundable state income tax credit of up to $75 for resident individuals who have had a package stolen from their residence or place of business for purchasing package anti-theft devices

• Eligible persons must file a police report documenting the theft with local law enforcement to qualify for the credit

• Provides a companion tax credit of up to $75 per donation to package delivery companies that donate anti-theft devices to eligible persons

• Credit applies to tax years beginning January 1, 2022 through December 31, 2024

• Entire provision repeals effective July 1, 2029