Removes maximum age requirement for Colorado Earned Income Tax Credit

The bill removes the maximum age requirement for the Colorado Earned Income Tax Credit, aligning eligibility across age groups. This change ensures that low- and moderate-income workers, regardless of age, can claim the credit. The bill adopts the removal of the maximum age requirement indefinitely, effective after January 1, 2028. The credit amount is determined based on the federal credit percentage, adjusted for Colorado-specific factors.

Removes maximum age requirement for Colorado Earned Income Tax Credit

The bill removes the maximum age requirement for the Colorado Earned Income Tax Credit, aligning eligibility across age groups. This change ensures that low- and moderate-income workers, regardless of age, can claim the credit. The bill adopts the removal of the maximum age requirement indefinitely, effective after January 1, 2028. The credit amount is determined based on the federal credit percentage, adjusted for Colorado-specific factors.