s_fin_2016a_2016-05-05t10:03:47z9 Hearing Summary
Date: 05/05/2016
Final
BILL SUMMARY for HB16-1286
SENATE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Refer House Bill 16-1286 to the Committee on Appro | PASS |
01:05 PM -- HB16-1286
Senator Tate, prime sponsor, presented House Bill 16-1286, which increases the percentage of the wildfire mitigation state income tax deduction from 50 percent to 100 percent of the costs incurred for performing wildfire mitigation on a taxpayer's property. The tax deduction cannot exceed $2,500 per income tax year or the total amount of the taxpayer's federal taxable income, whichever is less.
01:06 PM -- Mr. Ted Leighty, representing the Colorado Association of Realtors, testified in support of the bill.
| BILL: | HB16-1286 | |
| TIME: | 01:12:59 PM | |
| MOVED: | Holbert | |
| MOTION: | Refer House Bill 16-1286 to the Committee on Appropriations. The motion passed on a vote of 4-1. | |
| SECONDED: | ||
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VOTE
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Holbert
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Yes
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Johnston
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Yes
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Kerr
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Yes
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Hill
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Yes
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Neville T.
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No
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Final YES: 4 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS
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