442378AB8911850E8725883A0064F706 Hearing Summary

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.

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.

The committee discussed the bill with Mr. Burg and Mr. Craft.

Representative McCluskie distributed and explained amendment L.001 (Attachment A).

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.