CLICS/CLICS2021A/commsumm.nsf
PUBLIC
BILL SUMMARY For HB21-1327
HOUSE COMMITTEE ON FINANCE
Date Jun 3, 2021
Location HCR 0112
HB21-1327 - Referred to House Appropriations
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08:19:03 AM |
Representatives Van Winkle and Ortiz presented House Bill 21-1327 to the committee. The bill allows pass-through businesses to elect to pay their state income tax at the entity level, rather than the individual level, beginning in tax year 2022.
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08:26:54 AM |
Josh Pens, representing Department of Revenue, was available to answer committee questions.
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08:26:57 AM |
Phil Horwitz, representing
S-Corporation Association, testified in support of the bill.
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08:37:13 AM |
Dorothy Jones, representing Denver Metro Chamber, testified in support of the bill.
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08:43:41 AM |
Tony Gagliardi, representing NFIB, testified in support of the bill.
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08:46:05 AM |
Sponsors wrapped up their presentation to the committee.
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08:49:53 AM
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Motion |
Refer House Bill 21-1327 to the Committee on Appropriations. |
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Moved |
Snyder |
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Seconded |
Gray |
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Benavidez |
No |
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Bradfield |
Yes |
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Daugherty |
Yes |
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Gonzales-Gutierrez |
Yes |
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Gray |
Yes |
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Luck |
Yes |
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Sandridge |
Yes |
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Titone |
Yes |
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Will |
Yes |
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Snyder |
Yes |
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Bird |
Yes |
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Final |
YES: 10 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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