s_fin_2017a_2017-01-24t14:03:33z3 Hearing Summary
Date: 01/24/2017
Location: SCR 357
BILL SUMMARY for SB17-075
SENATE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Refer Senate Bill 17-075 to the Committee on Appro | PASS |
02:15 PM -- SB17-075
Senator Crowder, prime sponsor, 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. Other, non-military income is still subject to the existing deduction limits. Senator Crowder responded to a committee question regarding a similar bill that was introduced, but not passed, in 2016.
02:18 PM -- Frank McGirdy, representing the United Veterans Committee, testified in support of the bill.
02:22 PM -- John Toth, representing the United Veterans Committee, testified in support of the bill.
02:28 PM -- Michelle Kalkowski, representing the United Veterans Committee, testified in support of the bill. Committee discussion ensued on the fiscal impact of the bill.
02:42 PM -- Phil Ross, representing himself, testified in support of the bill.
02:47 PM -- Sophia San Miguel, representing herself, testified on the bill.
02:49 PM -- Steve Rylant, representing the United Veterans Committee, testified in support of the bill.
02:52 PM -- Diane Robinson, representing the Senior Lobby, testified in support of the bill.
| BILL: | SB17-075 | |
| TIME: | 03:02:01 PM | |
| MOVED: | Hill | |
| MOTION: | Refer Senate Bill 17-075 to the Committee on Appropriations. The motion passed on a vote of 5-0. | |
| SECONDED: | ||
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VOTE
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Court
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Yes
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Kerr
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Yes
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Tate
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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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Yes
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Final YES: 5 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
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03:05 PM
The committee adjourned.