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E7B50A6844859E7F87258AD800039F0A Hearing Summary




PUBLIC
BILL SUMMARY For HB24-1119

SENATE COMMITTEE ON FINANCE
Date Mar 5, 2024      
Location SCR 357



HB24-1119 - Referred to the Committee of the Whole - Consent Calendar


05:39:37 PM  
Senator Smallwood presented HB24-1119, which requires insurance companies paying insurance premium taxes, surplus lines taxes, and other associated state specific insurance tax filings to pay their insurance taxes through a third-party secured web-based application authorized by the Division of Insurance.
05:40:41 PM  
Rolf Kaumann, representing
Division of Insurance, testified in support of the bill.  



05:47:50 PM
Motion Refer House Bill 24-1119 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
Moved Smallwood
Seconded
Hansen Yes
Marchman Yes
Simpson Yes
Smallwood Yes
Van Winkle Yes
Kolker Yes
Mullica Yes
Final YES: 7   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS
05:47:51 PM  
Written Testimony
for all bills is included as Attachment H.






The Colorado Senate and House of Representatives will not convene on Monday, January 20, 2025 in observance of Dr. Martin Luther King Jr. day.

The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details