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h_fin_2018a_2018-04-11t11:29:14z3 Hearing Summary




PUBLIC
BILL SUMMARY For HB18-1359

HOUSE COMMITTEE ON FINANCE
Date Apr 11, 2018      
Location LSB A



HB18-1359 - Lay Over


01:05:52 PM  
Representatives Benavidez and Pabon, co-prime sponsors, presented House Bill 18-1359, which broadens the state income tax deduction for charitable contributions to allow the first $500 contributed to a charity to be deducted for state income tax purposes. Committee members received a memo about the fiscal impact of amendment L.001, prepared by Legislative Council Staff [Attachment F]. The bill sponsors responded to committee questions.
01:22:26 PM  
Mr. Renny Fagan, representing the Colorado Nonprofit Association, testified in support of the bill.
01:24:26 PM  
Ms. Joanne Kelley, representing the Colorado Association of Funders, testified in support of the bill.
01:26:37 PM  
Mr. Fagan responded to committee questions.
01:27:47 PM  
The bill was laid over for action only.