Source: Complete Colorado |by Peter Blake
Bipartisan tax games and pandering under the gold dome
Attention mountain homeowners: The Colorado legislature wants to reward you for what you have to do anyway.
(It’s already rewarding most of us for simply getting old and staying put, but we’ll get to that later.)
House Bill 1012 is a warm and fuzzy bipartisan bill, which should make you immediately suspicious in this hyper-partisan session. It swept through the House 57-7 on Feb. 11 and now awaits action in a Senate committee.
The measure would continue for 11 years a state income tax deduction of up to $2,500 for those living in or near the mountains who spend money on “wildfire mitigation measures.”