Income tax credit available for eligible teachers

GRAND JUNCTION, Colo. (KJCT) - A new House bill has been introduced.

The new bill, HB23-1208, includes information about income tax credit for eligible teachers.

If it passes, the bill will allow a refundable state income tax credit that will offset classroom expenses for the academic school year.

Eligible teachers can receive up to a thousand dollars for one school year and $500 for teachers that are employed half of an academic year.

Prime sponsors of the bill include Representative Bob Marshall (D), Representative Matt Soper (R), and Senator Janice Rich (R).

Copyright 2023 KJCT. All rights reserved.