HB19-1005 (Buckner & Wilson/Todd & Priola) Income Tax Credit for Early Childhood Educators

Originally Posted: January 11, 2019
Last Updated: January 11, 2019

Summary

This bill would establish a new tax credit for early childhood educators that is tied to their credential level and available at qualifying licensed homes and schools.

Position

The Children’s Campaign strongly supports this bill. Colorado faces a crisis in its supply of early childhood educators and a key limiting factor is the lack of adequate compensation to attract and retain our early education workforce. Early childhood educators earn half of kindergarten teachers in Colorado and parents cannot afford to pay more to increase compensation. A tax credit approach is an efficient way to invest in our early childhood educators.

Current Status

Assigned to the House Education Committee where it is scheduled to be heard on Tuesday, January 22 at 1:30pm in HCR 0107.