F72C8EC8C0D85ED887258AE500018AB8 Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For HB24-1157HOUSE COMMITTEE ON FINANCEDate Mar 18, 2024 Location HCR 0112 HB24-1157 - Amended, referred to House Appropriations Attachment Tag File Name http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/ED472360E82C...$File/Attachment N HB1157_L.003.pdf?OpenElement Attachment N HB1157_L.003.pdf http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/04FBF0284345...$File/Attachment O HB1157_L.004.pdf?OpenElement Attachment O HB1157_L.004.pdf 06:16:54 PM Representatives Lindstedt and Vigil, co-prime sponsors, presented House Bill 24-1157. The bill codifies the Employee Ownership Office in the Office of Economic Development and International Trade and creates an income tax credit for certain costs incurred by new employee-owned businesses. The bill sponsors distributed amendments L.003 (Attachment N) and L.004 (Attachment O), and responded to questions from the committee. 06:21:09 PM Nikki Maloney, representing the Office of Economic Development and International Trade, testified in support of the bill. 06:28:08 PM Jason Wiener, representing themself, testified in support of the bill. 06:30:34 PM Sandy Shoemaker, representing themself, testified in support of the bill. 06:33:12 PM Douglas Dell, representing themself, testified in support of the bill. 06:37:30 PM Motion Adopt amendment L.003 (Attachment N). Moved Lindstedt Seconded Joseph deGruy Kennedy Frizell Garcia Holtorf Kipp Lindstedt Marshall Soper Weinberg Joseph Snyder YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 06:38:25 PM Motion Adopt amendment L.004 (Attachment O). Moved Lindstedt Seconded Kipp deGruy Kennedy Frizell Garcia Holtorf Kipp Lindstedt Marshall Soper Weinberg Joseph Snyder YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 06:38:27 PM The bill sponsors made closing remarks. 06:41:34 PM Motion Refer House Bill 24-1157, as amended, to the Committee on Appropriations. Moved Lindstedt Seconded Kipp deGruy Kennedy Yes Frizell No Garcia Yes Holtorf Yes Kipp Yes Lindstedt Yes Marshall No Soper Yes Weinberg No Joseph Yes Snyder Yes Final YES: 8 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS