HB19-1005 (Buckner & Wilson/Todd & Priola) Income Tax Credit for Early Childhood Educators
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.
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.
Passed the House Finance Committee on a bipartisan vote of 8-3 and now heads to the House Appropriations Committee for a vote. Bill Jaeger, VP of Early Childhood & Policy Initiatives, testified in support of the bill.
January 11, 2019
Assigned to the House Education Committee where it is scheduled to be heard on Tuesday, January 22 at 1:30pm in HCR 0107.
January 25, 2019
Passed the House Education Committee on a bipartisan vote of 9-3 and now heads to the House Finance Committee. Bill Jaeger, our VP of Early Childhood and Policy Initiatives, testified in support here.