H_FIN_2017A 04/26/2017 Committee Summary
Final
STAFF SUMMARY OF MEETING
HOUSE COMMITTEE ON FINANCE
| Date: | 04/26/2017 |
ATTENDANCE
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| Time: | 11:48 AM to 01:49 PM |
Beckman
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X
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Benavidez
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X
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| Place: | LSB A |
Catlin
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*
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Covarrubias
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*
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||
| This Meeting was called to order by |
Gray
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X
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| Representative Pabon |
Herod
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X
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Kennedy
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X
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| This Report was prepared by |
Lawrence
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X
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| Kori Donaldson |
Michaelson Jenet
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X
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Thurlow
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X
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Van Winkle
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X
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Foote
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X
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Pabon
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X
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X = Present, E = Excused, A = Absent, * = Present after roll call
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| Bills Addressed: | Action Taken: | ||
| HB17-1356 SB17-216 SB17-075 HB17-1352 HB17-1324 HB17-1357 |
Amended, Referred to House Appropriations Amended, Referred to House Appropriations Amended, Referred to House Appropriations Amended, Referred to House Appropriations Referred to House Appropriations Amended, Referred to the Committee of the Whole |
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11:49 AM -- HB17-1356
The meeting was called to order. A quorum was present. Speaker Duran and Representative Esgar, co-prime sponsors, presented House Bill 17-1356, which authorizes the Colorado Economic Development Commission to allow certain businesses to treat specific income tax credits as transferable income tax credits. The bill sponsors responded to committee questions.
11:59 AM
Mr. Louis Pino, Legislative Council Staff, answered questions about the bill's prepared fiscal note.
12:07 PM -- Mr. Jeff Kraft, representing the Governor's Office of Economic Development and International Trade, testified in support of the bill. Mr. Kraft responded to questions from the committee.
12:23 PM -- Mr. Sam Bailey, representing the Jefferson County Economic Development Corporation, testified in support of the bill and responded to questions from the committee.
12:28 PM -- Mr. Nicholas Colglazier, representing the Colorado Competitive Council, testified in support of the bill.
12:31 PM -- Mr. Charles Perko, representing Evraz Rocky Mountain Steel Employees, testified in support of the bill.
12:34 PM
Representative Esgar distributed and explained amendment L.001 and L.002 (Attachments A and B, respectively).
17HouseFin0426AttachA.pdf 17HouseFin0426AttachB.pdf
| BILL: | HB17-1356 | |
| TIME: | 12:36:35 PM | |
| MOVED: | Kennedy | |
| MOTION: | Adopt amendment L.001 (Attachment A). The motion passed without objection. | |
| SECONDED: | Michaelson Jenet | |
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VOTE
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Beckman
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Benavidez
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Catlin
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Covarrubias
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Gray
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Herod
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Kennedy
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Lawrence
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Michaelson Jenet
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Thurlow
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Van Winkle
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Foote
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Pabon
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION:
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| BILL: | HB17-1356 | |
| TIME: | 12:37:01 PM | |
| MOVED: | Kennedy | |
| MOTION: | Adopt amendment L.002 (Attachment B). The motion passed without objection. | |
| SECONDED: | Michaelson Jenet | |
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VOTE
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Beckman
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Benavidez
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Catlin
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Covarrubias
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Gray
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Herod
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Kennedy
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Lawrence
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Michaelson Jenet
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Thurlow
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Van Winkle
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Foote
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Pabon
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION:
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12:37 PM
The bill sponsors made closing remarks on the bill.
| BILL: | HB17-1356 | |
| TIME: | 12:41:04 PM | |
| MOVED: | Kennedy | |
| MOTION: | Refer House Bill 17-1356, as amended, to the Committee on Appropriations. The motion passed on a vote of 12-0. | |
| SECONDED: | Herod | |
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VOTE
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Beckman
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Yes
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Benavidez
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Yes
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Catlin
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Excused
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Covarrubias
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Yes
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Gray
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Yes
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Herod
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Yes
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Kennedy
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Yes
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Lawrence
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Yes
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Michaelson Jenet
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Yes
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|
Thurlow
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Yes
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|
Van Winkle
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Yes
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Foote
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Yes
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Pabon
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Yes
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Final YES: 12 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS
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12:42 PM -- SB17-216
Representative Lontine, co-prime sponsor, presented Senate Bill 17-216. The reengrossed bill continues the Colorado Fair Debt Collection Practices Act for 11 years, through September 1, 2028, and implements a recommendation from the Department of Regulatory Agencies to repeal the Collection Agency Board. Representative Becker distributed and explained amendment L.013 (Attachment C).
17HouseFin0426AttachC.pdf
| BILL: | SB17-216 | |
| TIME: | 12:48:24 PM | |
| MOVED: | Kennedy | |
| MOTION: | Adopt amendment L.013 (Attachment C). The motion passed without objection. | |
| SECONDED: | Michaelson Jenet | |
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VOTE
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Beckman
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Benavidez
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Catlin
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Covarrubias
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Gray
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Herod
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Kennedy
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Lawrence
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Michaelson Jenet
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Thurlow
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Van Winkle
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Foote
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Pabon
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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12:49 PM
The bill sponsors made closing remarks on the bill.
| BILL: | SB17-216 | |
| TIME: | 12:50:13 PM | |
| MOVED: | Van Winkle | |
| MOTION: | Refer Senate Bill 17-216, as amended, to the Committee on Appropriations. The motion passed on a vote of 11-0. | |
| SECONDED: | Michaelson Jenet | |
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VOTE
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|
Beckman
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Yes
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Benavidez
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Excused
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Catlin
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Yes
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Covarrubias
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Excused
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Gray
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Yes
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Herod
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Yes
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Kennedy
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Yes
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Lawrence
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Yes
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Michaelson Jenet
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Yes
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|
Thurlow
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Yes
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Van Winkle
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Yes
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Foote
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Yes
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Pabon
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Yes
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Final YES: 11 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS
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12:51 PM -- SB17-075
Representatives Landgraf and Danielson, co-prime sponsors, presented Senate Bill 17-075, which allows an income tax deduction for all annual military retirement benefits received by individuals of all ages beginning in tax year 2017. Under current law, qualifying taxpayers ages 55 to 64 may deduct up to $20,000 in retirement income from their taxable income a year and qualifying taxpayers ages 65 and older may deduct up to $24,000 a year. Committee members received a memo describing the estimated fiscal impact of the bill if amendment L.006 is adopted, prepared by Legislative Council Staff (Attachment D). Committee members also received a fact sheet on the bill prepared by the United Veterans Committee (Attachment E).
17HouseFin0426AttachD.pdf 17HouseFin0426AttachE.pdf
12:57 PM -- Mr. Eric Tausch, representing retired veterans, testified in support of the bill and responded to comments and questions from the bill.
01:04 PM -- Mr. Frank McCurdy, representing the United Veterans Committee, testified in support of the bill.
01:08 PM -- Ms. Leanne Wheeler, representing the United Veterans Committee, testified in support of the bill.
01:11 PM -- Mr. David Ortiz, representing the United Veterans Committee, testified in support of the bill.
01:15 PM -- Ms. Shelly Kalkowski, representing the United Veterans Committee, testified in support of the bill.
01:26 PM -- Ms. Amber Egbert, representing the Department of Revenue, responded to committee questions about the bill.
| BILL: | SB17-075 | |
| TIME: | 01:29:14 PM | |
| MOVED: | Gray | |
| MOTION: | Adopt amendment L.006 (see Attachment D). The motion passed without objection. | |
| SECONDED: | Herod | |
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VOTE
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Beckman
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Benavidez
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Catlin
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Covarrubias
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Gray
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Herod
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Kennedy
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Lawrence
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Michaelson Jenet
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Thurlow
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Van Winkle
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Foote
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Pabon
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | SB17-075 | |
| TIME: | 01:29:46 PM | |
| MOVED: | Michaelson Jenet | |
| MOTION: | Refer Senate Bill 17-075, as amended, to the Committee on Appropriations. The motion passed on a vote of 10-1. | |
| SECONDED: | Gray | |
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VOTE
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|
Beckman
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Excused
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Benavidez
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No
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Catlin
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Yes
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Covarrubias
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Yes
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Gray
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Yes
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Herod
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Yes
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Kennedy
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Yes
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Lawrence
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Yes
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Michaelson Jenet
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Yes
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Thurlow
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Yes
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Van Winkle
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Excused
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Foote
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Yes
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Pabon
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Yes
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Final YES: 10 NO: 1 EXC: 2 ABS: 0 FINAL ACTION: PASS
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01:33 PM -- HB17-1352
Representative Winter, prime sponsor, returned to discuss House Bill 17-1352. Witness testimony was heard on the bill on Monday, April 24. The bill requires that entities that contract with the federal government to service student education loans obtain a supervised vendor license from the administrator of the Uniformed Consumer Credit Code in the Department of Law. Representative Winter distributed and explained amendment L.001 (Attachment F).
17HouseFin0426AttachF.pdf
| BILL: | HB17-1352 | |
| TIME: | 01:34:31 PM | |
| MOVED: | Gray | |
| MOTION: | Adopt amendment L.001 (Attachment F). The motion passed without objection. | |
| SECONDED: | Kennedy | |
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VOTE
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Beckman
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Benavidez
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Catlin
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Covarrubias
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Gray
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Herod
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Kennedy
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Lawrence
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Michaelson Jenet
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Thurlow
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Van Winkle
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Foote
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Pabon
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | HB17-1352 | |
| TIME: | 01:34:59 PM | |
| MOVED: | Herod | |
| MOTION: | Refer House Bill 17-1352, as amended, to the Committee on Appropriations. The motion passed on a vote of 7-5. | |
| SECONDED: | Michaelson Jenet | |
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VOTE
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Beckman
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No
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Benavidez
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Yes
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Catlin
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No
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Covarrubias
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No
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Gray
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Yes
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Herod
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Yes
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Kennedy
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Yes
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Lawrence
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No
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Michaelson Jenet
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Yes
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Thurlow
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No
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Van Winkle
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Excused
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Foote
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Yes
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Pabon
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Yes
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Final YES: 7 NO: 5 EXC: 1 ABS: 0 FINAL ACTION: PASS
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01:36 PM -- HB17-1324
Representatives Pettersen and McLachlan, co-prime sponsors, presented House Bill 17-1324. Beginning in tax year 2018, this bill alters the existing income tax deduction for contributions to qualifying college savings accounts and interest earnings on or withdrawals from these savings accounts.
| BILL: | HB17-1324 | |
| TIME: | 01:38:37 PM | |
| MOVED: | Michaelson Jenet | |
| MOTION: | Refer House Bill 17-1324 to the Committee on Appropriations. The motion passed on a vote of 8-4. | |
| SECONDED: | Gray | |
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VOTE
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|
Beckman
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No
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Benavidez
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No
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Catlin
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Yes
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Covarrubias
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Yes
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Gray
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Yes
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Herod
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Yes
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Kennedy
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Yes
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Lawrence
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No
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Michaelson Jenet
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Yes
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Thurlow
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No
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Van Winkle
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Excused
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Foote
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Yes
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Pabon
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Yes
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Final YES: 8 NO: 4 EXC: 1 ABS: 0 FINAL ACTION: PASS
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01:39 PM -- HB17-1357
Representative Pabon, prime sponsor, presented House Bill 17-1357, which extends the period of time during which the Colorado Department of Labor and Employment may accept grant applications for the Skilled Worker Outreach, Recruitment, and Key Training Grant Program from January 1, 2017, to January 1, 2018. Representative Pabon distributed and explained amendment L.001 (Attachment G).
17HouseFin0426AttachG.pdf
01:42 PM -- Mr. Patrick Teegarden, representing the Department of Labor and Employment, testified in support of the bill.
01:42 PM -- Mr. Michael Gifford, representing the Association of General Contractors, testified in support of the bill.
| BILL: | HB17-1357 | |
| TIME: | 01:48:22 PM | |
| MOVED: | Pabon | |
| MOTION: | Adopt amendment L.001 (Attachment G). The motion passed without objection. | |
| SECONDED: | Gray | |
|
VOTE
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|
Beckman
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Benavidez
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|
Catlin
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Covarrubias
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|
Gray
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Herod
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Kennedy
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Lawrence
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Michaelson Jenet
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Thurlow
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Van Winkle
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Foote
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Pabon
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | HB17-1357 | |
| TIME: | 01:48:46 PM | |
| MOVED: | Pabon | |
| MOTION: | Refer House Bill 17-1357, as amended, to the Committee of the Whole. The motion passed on a vote of 13-0. | |
| SECONDED: | Gray | |
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VOTE
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|
Beckman
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Yes
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Benavidez
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Yes
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Catlin
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Yes
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Covarrubias
|
Yes
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Gray
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Yes
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Herod
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Yes
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Kennedy
|
Yes
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Lawrence
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Yes
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Michaelson Jenet
|
Yes
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|
Thurlow
|
Yes
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Van Winkle
|
Yes
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|
|
Foote
|
Yes
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Pabon
|
Yes
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Final YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
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01:49 PM
House Bill 17-1341 was laid over to the next meeting. The committee adjourned.