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442378AB8911850E8725883A0064F706 Hearing Summary




PUBLIC
BILL SUMMARY For HB22-1418

HOUSE COMMITTEE ON FINANCE
Date May 6, 2022      
Location HCR 0112



HB22-1418 - Amended, referred to House Appropriations


12:22:52 PM  
Representative McCluskie, co-prime sponsor, presented House Bill 22-1418. The bill extends the carry-forward period for unused state job growth incentive and enterprise zone credits income tax credits set to expire in tax years 2021 through 2025.
12:25:03 PM  
Adam Burg, representing the Denver Metro Chamber of Commerce, testified in support of the bill. Jeff Kraft, representing the Colorado Office of Economic Development and International Trade, was available to answer committee questions.
12:34:08 PM  
The committee discussed the bill with Mr. Burg and Mr. Craft.
12:34:59 PM  
Representative McCluskie distributed and explained amendment L.001 (Attachment A).


12:36:11 PM
Motion Adopt amendment L.001 (Attachment A).
Moved Snyder
Seconded Tipper
Benavidez
Cutter
Daugherty
Hooton
Luck
Rich
Sandridge
Soper Excused
Tipper
Snyder
Bird
YES: 0   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  Pass Without Objection
12:36:12 PM  
Representative McCluskie wrapped up her presentation of the bill and asked for a favorable recommendation. Members of the committee commented about their positions on the bill.


12:37:53 PM
Motion Refer House Bill 22-1418, as amended, to the Committee on Appropriations.
Moved Snyder
Seconded Soper
Benavidez Yes
Cutter Yes
Daugherty Yes
Hooton Yes
Luck Yes
Rich Yes
Sandridge Excused
Soper Yes
Tipper Yes
Snyder Yes
Bird Yes
Final YES: 10   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS






The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details