h_fin_2018a_2018-03-14t10:04:36z3 Hearing Summary CLICS/CLICS2018A/commsumm.nsf PUBLICBILL SUMMARY For HB18-1217HOUSE COMMITTEE ON FINANCEDate Mar 14, 2018 Location LSB A HB18-1217 - Amended, referred to House Appropriations Attachment Tag File Name Attachment B http://www2.leg.state.co.us/CLICS/CLICS2018A/commsumm.nsf/0/2A41CE83A079...$File/18HouseFin0314AttachB.pdf?OpenElement 18HouseFin0314AttachB.pdf Attachment A http://www2.leg.state.co.us/CLICS/CLICS2018A/commsumm.nsf/0/B4059A9363B0...$File/18HouseFin0314AttachA.pdf?OpenElement 18HouseFin0314AttachA.pdf Attachment C http://www2.leg.state.co.us/CLICS/CLICS2018A/commsumm.nsf/0/FDAD7CF9564F...$File/18HouseFin0314AttachC.pdf?OpenElement 18HouseFin0314AttachC.pdf 10:40:41 AM Representatives Van Winkle and Garnett, co-prime sponsors, presented House Bill 18-1217, which creates a new state income tax credit for employers who contribute to an employee's 529 qualifying savings plan administered by CollegeInvest. The bill sponsors distributed amendment L.001 [Attachment A]. 10:44:59 AM Ms. Elizabeth Cheever, representing the Colorado Fiscal Institute, testified in opposition to the bill. Ms. Cheever responded to questions from the committee. Representative Garnett also responded to a question from the committee. 11:01:09 AM Ms. Angela Baier, representing College Invest, addressed questions from the committee. 11:08:18 AM Motion Adopt amendment L.001 [Attachment A]. Moved Van Winkle Seconded Gray Beckman Benavidez Covarrubias Gray Kennedy Kraft-Tharp Lawrence Michaelson Jenet Sandridge Thurlow Van Winkle Foote Pabon YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 11:09:55 AM Motion Adopt amendment L.002 [Attachment B]. Moved Van Winkle Seconded Gray Beckman Benavidez Covarrubias Gray Kennedy Kraft-Tharp Lawrence Michaelson Jenet Sandridge Thurlow Van Winkle Foote Pabon YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 11:09:56 AM Representative Kennedy discussed amendment L.005 [Attachment C]. 11:10:40 AM The bill sponsors made some closing remarks on the bill. 11:11:59 AM Motion Refer House Bill 18-1217, as amended, to the Committee on Appropriations. Moved Van Winkle Seconded Gray Beckman Yes Benavidez No Covarrubias Yes Gray Yes Kennedy Yes Kraft-Tharp Yes Lawrence Yes Michaelson Jenet Yes Sandridge Yes Thurlow No Van Winkle Yes Foote Yes Pabon Yes Final YES: 11 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS