House Committee of Reference Report

Committee on Finance

All text that will be removed from the bill will be indicated by strikethrough as follows:

This is text that is removed from law.

Text that is added to a bill will be indicated by either all capitals or bold & italic as follows:

  • This all capitals text would be added to law.
  • This is bold & italic text that would be added to law.

March 9, 2026

After consideration on the merits, the Committee recommends the following:

HB26-1222   be amended as follows, and as so amended, be referred to the Committee on Appropriations with favorable recommendation:

Page 1, Line 1Amend printed bill, page 10, line 5, strike "(3)(v)" and substitute "(3)(x)".

Page 1, Line 2Page 10, line 7, strike "(3)(v)" and substitute "(3)(x)".

Page 1, Line 3Page 10, lines 16 and 17, strike "(4)(ff)(I), (4)(ff)(II), (4)(ff)(III), and

Page 1, Line 4(4)(ff)(IV)" and substitute "(4)(ff)(I)(A), (4)(ff)(I)(B), (4)(ff)(I)(C), and

Page 1, Line 5(4)(ff)(I)(D)".

Page 1, Line 6Page 11, line 10, strike "qualified".

Page 1, Line 7Page 12, after line 25 insert:

Page 1, Line 8"(f)  "Joint filer adjusted base income" means, for income

Page 1, Line 9tax years commencing before January 1, 2034, an amount of

Page 1, Line 10adjusted gross income equal to the amount of adjusted gross

Page 1, Line 11income determined by the department pursuant to section

Page 1, Line 1239-22-130 (7) to be necessary for two resident individuals who

Page 1, Line 13file a joint return to qualify for the family affordability tax

Page 1, Line 14credit pursuant to section 39-22-130 for the income tax year

Page 1, Line 15commencing on January 1, 2027.

Page 1, Line 16(g)  "Single filer adjusted base income" means, for income

Page 1, Line 17tax years commencing before January 1, 2034, an amount of

Page 1, Line 18adjusted gross income equal to the amount of adjusted gross

Page 1, Line 19income determined by the department pursuant to section

Page 1, Line 2039-22-130 (7) to be necessary for a single resident individual who

Page 1, Line 21files a single return to qualify for the family affordability tax

Page 1, Line 22credit pursuant to section 39-22-130 for the income tax year

Page 1, Line 23commencing on January 1, 2027.".

Page 2, Line 1Page 14, line 9, strike "fifteen thousand dollars;" and substitute "the

Page 2, Line 2single filer adjusted base income;".

Page 2, Line 3Page 14, line 14, strike "twenty-five thousand dollars." and

Page 2, Line 4substitute "the joint filer adjusted based income.".

Page 2, Line 5Page 14, lines 16 and 17, strike "federal adjusted gross income

Page 2, Line 6amounts set forth in this subsection (4)" and substitute "joint filer

Page 2, Line 7adjusted base income and single filer adjusted base income".

Page 2, Line 8Page 19, lines 11 and 12, strike "(3)(u)(I), (3)(u)(II), (3)(u)(III), and

Page 2, Line 9(3)(u)(IV)" and substitute "(3)(u)(I)(A), (3)(u)(I)(B), (3)(u)(I)(C), and

Page 2, Line 10(3)(u)(I)(D)".

Page 2, Line 11Page 20, line 5, strike "qualified".

Page 2, Line 12Strike "House Bill 26- " and substitute "House Bill 26-1222" on:

Page 2, Line 13Page 6, lines 8, 23, and 27; and Page 7, lines 3, 5, and 11.

Page 2, Line 14Strike "House Bill 26- " and substitute "House Bill 26-1222" on:

Page 2, Line 15Page 15, lines 3 and 20.