508A80677B8514A18725897B00667EAA Hearing Summary

PUBLIC
BILL SUMMARY For SB23-196

SENATE COMMITTEE ON FINANCE
Date Mar 23, 2023
Location SCR 357

SB23-196 - Referred to Senate Appropriations

12:39:34 PM

Sen. Winter introduced Senate Bill 23-196. The bill extends a state income tax credit for qualified costs incurred while retrofitting a residence for the purpose of improving accessibility, increasing visitability, or allowing qualified individuals to age in place. The credit is extended for five years, resulting in reductions in General Fund revenue that may be phased in over 13 years.

12:41:35 PM

Ms. Ann Watts, representing
the Colorado Department of Local Affairs - Division of Housing, testified
in support of the bill. Ms. Lisbet Finseth, representing the National
Multiple Sclerosis Society, testified in support of the bill.

12:45:50 PM

Sen. Winter gave some closing remarks and asked for a favorable recommendation.

12:47:51 PM	Motion	Refer Senate Bill 23-196 to the Committee on Appropriations.
	Moved	Winter F.
	Seconded

	Priola	Yes
	Simpson	Yes
	Smallwood	Yes
	Van Winkle	Yes
	Winter F.	Yes
	Kolker	Yes
	Mullica	Yes
	Final	YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS

SB23-196 - Referred to Senate Appropriations

Colorado General Assembly