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D0780AF499F142E287258AD70002B10D Hearing Summary




PUBLIC
BILL SUMMARY For HB24-1240

HOUSE COMMITTEE ON FINANCE
Date Mar 4, 2024      
Location HCR 0112



HB24-1240 - Referred to House Appropriations
05:29:27 PM  

Representatives Joseph and Weinberg, co-sponsors, presented House Bill 24-1240. The bill creates an income tax subtraction for Segal AmeriCorps Education Awards for tax years 2025 through 2027. They distributed amendment L.001 (Attachment M) and a fact sheet (Attachment N).
05:34:09 PM  
Emily Dohrman, representing Legislative Council Staff, was available to answer committee questions about the fiscal note.
05:38:28 PM  
Jimmy Reed, representing the Colorado Department of Revenue, testified in support of the bill.
05:41:32 PM  
Tom Dillow, representing the Colorado Youth Corps Association, testified in support of the bill.


05:50:14 PM
 Motion Adopt amendment L.001 (Attachment M).
Moved Weinberg
Seconded
deGruy Kennedy
Frizell
Garcia
Hartsook
Kipp
Lindstedt
Marshall
Soper
Weinberg
Joseph
Snyder
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Withdrawn


05:52:55 PM
 Motion Refer House Bill 24-1240 to the Committee on Appropriations.
Moved Weinberg
Seconded Joseph
deGruy Kennedy Yes
Frizell Yes
Garcia Yes
Hartsook Yes
Kipp Yes
Lindstedt Yes
Marshall No
Soper Excused
Weinberg Yes
Joseph Yes
Snyder Yes
Final YES: 9   NO: 1   EXC: 1   ABS:  0   FINAL ACTION:  PASS






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