SB 56

Colorado Senate bill in Session 2026.

Status: failed. Latest action: May 14, 2026.

State Overtime Compensation Income Tax.

Bill ID CO-2026-SB-56
Session 2026
Status failed
Committee State, Veterans, & Military Affairs; Appropriations
Senate failed 2026-05-14
Summary

The bill modifies the requirement that a taxpayer add the amount of any overtime compensation excluded or deducted from the taxpayer's federal gross income back to the taxpayer's federal taxable income for purposes of calculating state income tax liability to apply only in the 2026 income tax year. (Note: This summary applies to this bill as introduced.)

Sponsor
Barbara Kirkmeyer
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-28 Introduced Bill introduced
2026-05-14 Status failed
2026-05-14 Latest Action Senate Committee on Appropriations Lay Over Unamended - Amendment(s) Failed
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