Colorado · 2025 Regular Session · Bill
HB 25-1128: Income Tax Credit for Firearm Safety Device
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 25-1128 is a bill introduced in the Colorado House on January 28, 2025. According to its official title, it concerns: Income Tax Credit for Firearm Safety Device. Primary sponsor: Kyle Mullica (Democratic), Ryan Armagost, Cecelia Espenoza (Democratic). Most recent recorded action (March 10, 2025): House Committee on Finance Postpone Indefinitely.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
The bill creates a new income tax credit in an amount equal to the purchase price of a firearm safety device, not to exceed $200, that is purchased by an eligible taxpayer from a federally licensed dealer (credit). A firearm safety device is a device that is designed or can be used to store a firearm and is designed to be unlocked only by means of a key, a combination, or by other similar means. The credit is available for income tax years 2027 and 2028, and if the amount of the credit exceeds the eligible taxpayer's tax liability, the credit may be carried forward for a period of 5 income tax years. In addition, the maximum amount of aggregate credits that can be claimed in an income tax year is $5 million.(Note: This summary applies to this bill as introduced.)
Sponsors
Sponsors by party (alphabetical): Democratic 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Kyle Mullica | Primary sponsor | Democratic | Senate | 24 |
| Ryan Armagost | Primary sponsor | Not applicable (committee) | — | — |
| Cecelia Espenoza | Primary sponsor | Democratic | House | 4 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- House Committee on Finance Postpone Indefinitely
- House Committee on State, Civic, Military, & Veterans Affairs Refer Amended to Finance
- Introduced In House - Assigned to State, Civic, Military, & Veterans Affairs