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401A710C8EBF511B8725851F00805B85 Hearing Summary




PUBLIC
BILL SUMMARY For HB20-1203

HOUSE COMMITTEE ON FINANCE
Date Mar 2, 2020      
Location HCR 0112



HB20-1203 - Amended, referred to House Appropriations

04:22:36 PM  
Representatives Sirota and Gray presented
House Bill 20-1203 to the committee, along with a memo and amendments L.001
and L.002 (Attachments G, H, and I).  Beginning tax year 2021, the
bill creates a state income tax addition equal to the amount of a taxpayer's
federal qualified business income deduction, activates the state child
tax credit, and expands the state earned income tax credit.
04:26:00 PM  
Kubu'Lea Til, representing Colorado People Alliance, testified in support of the bill.
04:26:32 PM  
Ealasha Voaghner, representing Clayton Early Learning, testified in support of the bill.
04:30:26 PM  

Alexis Juniel, representing Center for Work Education and Employment, testified in support of the bill.

04:30:52 PM  
Jackie Cordova, representing Parent Possible, testified in support of the bill.
04:36:28 PM  
Jordan Smith, representing Illuminate Colorado, testified in support of the bill.
04:36:56 PM  
Kelly Wagoner, representing Get Ahead Colorado, testified in a neutral capacity.
04:39:41 PM  
Evie Hudak, representing Colorado PTA, testified in support of the bill.
04:42:41 PM  
Chaer Robert, representing the Colorado Center on Law and Policy, testified in support of the bill and provided a handout (Attachment J).
04:46:11 PM  
Scott Wasserman, representing the Bell Policy Center, testified in support of the bill.
04:47:58 PM  
Carol Hedges, representing the Colorado Fiscal Institute, testified in support of the bill.
04:50:40 PM  
Ms. Hedges responded to committee members' questions.
04:56:35 PM  
Representatives Gray and Sirota explained amendments L.001 and L.002 (Attachments H and I).


04:57:34 PM
Motion Adopt amendment L.001
Moved Gray
Seconded Snyder
Benavidez
Bockenfeld
Champion
Gray
Kraft-Tharp
Rich
Sandridge
Snyder
Sullivan
Bird
Herod
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


04:58:37 PM
Motion Adopt amendment L.002
Moved Gray
Seconded Snyder
Benavidez
Bockenfeld
Champion
Gray
Kraft-Tharp
Rich
Sandridge
Snyder
Sullivan
Bird
Herod
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
04:58:38 PM  
Representatives Sirota and Gray wrapped up their presentation to the committee.


05:01:30 PM
Motion Refer House Bill 20-1203, as amended, to the Committee on Appropriations.
Moved Gray
Seconded Bird
Benavidez Yes
Bockenfeld No
Champion No
Gray Yes
Kraft-Tharp Yes
Rich No
Sandridge No
Snyder Yes
Sullivan Yes
Bird Yes
Herod Yes
Final YES: 7   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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