All Roll Calls
Yes: 112 • No: 14
ColoradoSB25-3022025 Regular SessionSenateWALLET
Achieving a Better Life Experience Tax Deduction
Sponsored By: Cathy Kipp (Democratic), Cleave Simpson (Republican), Lorena Garcia (Democratic), Yara Zokaie (Democratic)
Signed by Governor
Fiscal Policy & Taxes
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Colorado disability savings deductions carry limits
Through 2030, Colorado taxpayers can deduct contributions to ABLE disability savings accounts, subject to annual limits per taxpayer, per beneficiary: $20,000 for single returns or $30,000 for joint returns. Contributions excluded from federal taxable income do not qualify, and these limits are shared with other eligible savings-plan contributions. Through 2030, interest and other earnings in ABLE withdrawals are also deductible when included in federal taxable income and used for the beneficiary’s qualified disability expenses. Account holders must add previously deducted contributions back to taxable income when withdrawals do not qualify for an exception, such as paying qualified disability expenses. Related state rules are scheduled for repeal on January 1, 2035.
Sponsors & Cosponsors
Sponsors
Cathy Kipp
Democratic • Senate
Cleave Simpson
Republican • Senate
Lorena Garcia
Democratic • House
Yara Zokaie
Democratic • House
Cosponsors
Andrew Boesenecker
Democratic • House
Chad Clifford
Democratic • House
Emily Sirota
Democratic • House
Jennifer Bacon
Democratic • House
Javier Mabrey
Democratic • House
Julie McCluskie
Democratic • House
Kyle Brown
Democratic • House
Lindsay Gilchrist
Democratic • House
Mandy Lindsay
Democratic • House
Manny Rutinel
Democratic • House
Rep. S. Bird
Affiliation unavailable
Tammy Story
Democratic • House
Iman Jodeh
Democratic • Senate
Judy Amabile
Democratic • Senate
Julie Gonzales
Democratic • Senate
Janice Marchman
Democratic • Senate
Katie Wallace
Democratic • Senate
Lisa Cutter
Democratic • Senate
Roll Call Votes
House vote • 5/5/2025
Third reading: Bill
Yes: 50 • No: 14
House vote • 5/3/2025
Refer Senate Bill 25-302 to the Committee of the Whole.
Yes: 11 • No: 0
Senate vote • 4/30/2025
Third reading: Bill
Yes: 35 • No: 0
Senate vote • 4/29/2025
Refer Senate Bill 25-302 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Yes: 7 • No: 0
Senate vote • 4/22/2025
Refer Senate Bill 25-302 to the Committee on Appropriations.
Yes: 9 • No: 0
Actions Timeline
Governor Signed
5/24/2025HouseSigned by the President of the Senate
5/12/2025SenateSent to the Governor
5/12/2025HouseSigned by the Speaker of the House
5/12/2025HouseHouse Third Reading Passed - No Amendments
5/5/2025HouseHouse Committee on Appropriations Refer Unamended to House Committee of the Whole
5/3/2025HouseHouse Second Reading Special Order - Passed - No Amendments
5/3/2025HouseSenate Third Reading Passed - No Amendments
4/30/2025SenateIntroduced In House - Assigned to Appropriations
4/30/2025HouseSenate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
4/29/2025SenateSenate Second Reading Special Order - Passed - No Amendments
4/29/2025SenateSenate Committee on Finance Refer Unamended to Appropriations
4/22/2025SenateIntroduced In Senate - Assigned to Finance
4/21/2025Senate
Bill Text
Engrossed
Final Act
Introduced
Reengrossed
Rerevised
Revised
Signed Act