Colorado Statutes
§ 39-22-4702 — Legislative declaration
The general assembly declares that
the purpose for allowing taxable income to be reduced by earnings from a first-time
home buyer savings account is to encourage first-time home ownership through
incentivizing saving for a down payment and closing costs because of the
significant financial and civic benefits home ownership provides for our state.
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Legislative History
Source: L. 2016: Entire part added, (HB 16-1467), ch. 321, p. 1302, � 2,
effective August 10.
Nearby Sections
15
§ 39-1-101
Legislative declaration§ 39-1-101.5
Legislative declaration - taxpayer rights§ 39-1-102
Definitions§ 39-1-103.5
Restrictions on information§ 39-1-104
Valuation for assessment - definitions§ 39-1-104.5
Severed mineral interest - placement on tax roll§ 39-1-105
Assessment date§ 39-1-107
Tax liens§ 39-1-108
Payment of taxes - grantor and grantee§ 39-1-109
Taxes paid by mortgagee - effect§ 39-1-112
Taxes available - when§ 39-1-113
Abatement and refund of taxes