CO HB1083

Expands Colorado's definition of "qualified higher education expense" to include commercial pilot aviation training course expenses for fees, books, supplies, and equipment.

Requires commercial pilot certification courses to be administered in compliance with federal law and Federal Aviation Administration regulations to qualify for the tax deduction.

Amends Colorado Revised Statutes 39-22-104 to add "aviation training expenses" as a new category of deductible education expenses under the state income tax.

Takes effect January 1, 2024, subject to voter approval if a referendum petition is filed within 90 days after the legislative session ends.

The aviation training expense definition and related provisions are scheduled to expire and be repealed effective January 1, 2030.