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s_fin_2018a_2018-04-19t11:25:29z1 Hearing Summary




PUBLIC
BILL SUMMARY For HB18-1209

SENATE COMMITTEE ON FINANCE
Date Apr 19, 2018      
Location SCR 357



HB18-1209 - Postponed Indefinitely


11:33:53 AM  

Senator Donovan, prime sponsor, presented House Bill 18-1209, which modifies the state income tax deduction for 529 account contributions to exclude contributions intended to be used for K-12 education purposes.

11:33:54 AM  

Elizabeth Cheevers, representing the Colorado Fiscal Institute, testified in support of the bill.

11:33:54 AM  

Nate Golich, representing the Colorado Education Association, testified in support of the bill.

11:34:11 AM  
Mr. Golich, Ms. Cheever, and Brendon Reese, representing the Department of Revenue, responded to committee questions.
11:40:30 AM  

Senator Donovan and Mr. Reese responded to additional committee questions.

11:44:55 AM  
Senator Donovan provided closing comments on the bill.


11:59:09 AM
Motion Refer House Bill 18-1209 to the Committee of the Whole.
Moved Court
Seconded
Court Yes
Jahn Yes
Tate No
Smallwood No
Neville T. No
YES: 2   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  FAIL


11:59:36 AM
Motion Postpone House Bill 18-1209 indefinitely.
Moved Smallwood
Seconded
Court No
Jahn No
Tate Yes
Smallwood Yes
Neville T. Yes
Final YES: 3   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS