Bill Commons

CO SB 29

introduced

Health Savings Account Tax Credit

Colorado · 2026 Regular Session · upper

Description

The bill creates an income tax credit for a resident individual's contributions to a health savings account that supports a high deductible health plan, as defined pursuant to federal law (credit). The credit is an amount equal to 25% of the amount of the contribution, limited to:$500 for a single filer;$1,000 for joint filers; and$1,500 for contributions to a family health plan.The credit is available beginning January 1, 2027, through December 31, 2032.If the credit exceeds the income taxes due on the resident individual's income, the amount of the credit not used to offset income taxes is not carried forward as tax credits against the resident individual's subsequent years' income tax liability and is not refunded to the individual.(Note: This summary applies to this bill as introduced.)

Introduced
2026-01-14
Status date
—
Latest action
2026-02-03 — Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely
Bill type
bill
Last updated
—

Subjects

Sponsors

  • J. Carsonsponsor

Committees

Not provided by source.

Action timeline

  1. 2026-02-03

    Senate Committee on State, Veterans, & Military Affairs Postpone Indefinitely

  2. 2026-01-14

    Introduced In Senate - Assigned to State, Veterans, & Military Affairs

    introduction

Versions

Documents

Votes

  • Postpone Senate Bill 26-029 indefinitely.

    2026-02-03 · pass · 0-0

    Member-level votes (5)
    • William Lindstedt: yes
    • Rod Pelton: no
    • Lynda Zamora Wilson: no
    • Tom Sullivan: yes
    • Katie Wallace: yes

  • Refer Senate Bill 26-029 to the Committee on Appropriations.

    2026-02-03 · fail · 0-0

    Member-level votes (5)
    • William Lindstedt: no
    • Rod Pelton: yes
    • Lynda Zamora Wilson: yes
    • Tom Sullivan: no
    • Katie Wallace: no

Related bills

No related bills recorded for this bill.

Official source

https://leg.colorado.gov/bills/SB26-029

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T03:52:26.466301Z

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