9063B7FEAA5C2FBA87258B070081C423 Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For SB24-152HOUSE COMMITTEE ON AGRICULTURE, WATER & NATURAL RESOURCESDate Apr 22, 2024 Location HCR 0107 SB24-152 - Amended, referred to House Finance Attachment Tag File Name Attachment H http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/4C56EF34AA98...$File/Attachment H - SB24-152 Regenerative Agriculture Tax Credit Written Testimony.pdf?OpenElement Attachment H - SB24-152 Regenerative Agriculture Tax Credit Written Testimony.pdf Attachment I http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/1DBBCF5A0623...$File/Attachment I - SB152_L.004.pdf?OpenElement Attachment I - SB152_L.004.pdf 05:37:25 PM Representative McCormick and Representative Soper, bill co-prime sponsors, introduced Senate Bill 24-152. For tax years 2026 through 2030, the bill creates a refundable state income tax credit for qualified food and beverage retailers who purchase agricultural commodities from Colorado-based agricultural producers practicing regenerative agriculture. 05:39:00 PM The bill sponsors responded to questions from the committee. 05:44:58 PM Mark Ruzzin, representing Boulder County, testified in support of the bill. Ms. Erin Meschke, representing themself, testified in support of the bill. Ms. Cynthia Stewart, representing themself, testified in support of the bill. Mandy Magill, representing themself, testified in support of the bill. The panelists responded to questions from the committee. 06:09:14 PM Tyler Garrett, representing Rocky Mountain Farmers Union, testified in support of the bill. Saguache County Commissioner Liza Marron, representing Counties & Commissioners Acting Together (CCAT), testified in support of the bill. Mr. Clay Tomcak, representing themself, testified in support of the bill. The panelists responded to questions from the committee. 06:09:15 PM Submitted written testimony can be found in Attachment H. 06:17:12 PM The bill sponsors discussed amendment L.004 (Attachment I) with the committee. 06:19:51 PM Motion Adopt amendment L.004 Moved McCormick Seconded Catlin Amabile Holtorf Lukens Lynch Martinez Marvin McLachlan Story Titone Velasco Winter T. Catlin McCormick YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 06:19:52 PM The bill sponsors gave closing comments on the bill. 06:22:35 PM Committee members gave closing comments on the bill. 06:30:21 PM Motion Refer Senate Bill 24-152, as amended, to the Committee on Finance. Moved McCormick Seconded Titone Amabile Yes Holtorf No Lukens Yes Lynch Yes Martinez Yes Marvin Yes McLachlan Yes Story Yes Titone Yes Velasco Yes Winter T. No Catlin Yes McCormick Yes Final YES: 11 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS