Location: LSB A
Final
BILL SUMMARY for HB17-1104
HOUSE COMMITTEE ON FINANCE
BILL SUMMARY for HB17-1104
HOUSE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Adopt amendment L.005 (Attachment D). The motion p | PASS |
01:58 PM -- HB17-1104
Representative Navarro, prime sponsor, presented House Bill 17-1104, which provides a state income tax deduction for monetary awards received from the United States Olympic Committee (USOC) or any sport-specific national governing committee as a direct result of winning a medal at the summer or winter Olympics or Paralympics games. Committee members received a letter from the USOC, amendment L.005, and amendment L.006 (Attachments C through E, respectively). Representative Navarro addressed questions from the committee.
02:01 PM -- Mr. John Vecchiarelli, representing the Department of Revenue, came to the table to address questions from the committee. He explained existing federal tax deductions for medal winners. Discussion ensued on this topic.
02:10 PM
Mr. Louis Pino, Legislative Council Staff, came to the table to address questions.
02:13 PM -- Mr. Dartanyon Crockett, representing the USOC as a paralympic athlete, testified in support of the bill.
02:16 PM -- Ms. McKenna Dahl, representing the USOC as a paralympic athlete, testified in support of the bill. Ms. Dahl and Mr. Crockett commented on the costs associated with training and competing in the Paralympics.
02:17 PM -- Ms. Sophia Herzog, representing the USOC as a paralympic athlete, testified in support of the bill.
02:18 PM -- Ms. Sherry VonRiesen, representing the USOC, testified in support of the bill.
02:22 PM
Mr. Crockett responded to a question from the committee.
02:23 PM -- Ms. Desiree Filippone, representing the USOC, testified in support of the bill. Ms. Filippone responded to questions from the committee. Mr. Vecchiarelli came to the table to respond to additional questions from the committee.
02:33 PM
Mr. Pino returned to the table to address additional questions about the bill's prepared fiscal note.
02:36 PM
Discussion ensued on amendments L.005 and L.006. The committee members received amendment L.001 (Attachment F). The committee recessed.
03:23 PM
The committee returned to order.
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| BILL: | HB17-1104 | |
| TIME: | 02:36:43 PM | |
| MOVED: | Pabon | |
| MOTION: | Adopt amendment L.005 (Attachment D). The motion passed on a vote of 7-6. | |
| SECONDED: | Foote | |
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VOTE |
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Beckman |
No |
|
Benavidez |
Yes |
|
Catlin |
No |
|
Covarrubias |
No |
|
Gray |
Yes |
|
Herod |
Yes |
|
Kennedy |
Yes |
|
Lawrence |
No |
|
Michaelson Jenet |
Yes |
|
Thurlow |
No |
|
Van Winkle |
No |
|
Foote |
Yes |
|
Pabon |
Yes |
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YES: 7 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: PASS
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03:24 PM
The chair laid the bill over, as amended, to a later date. The committee adjourned.