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s_fin_2018a_2018-04-26t11:52:24z5 Hearing Summary




PUBLIC
BILL SUMMARY For HB18-1217

SENATE COMMITTEE ON FINANCE
Date Apr 26, 2018      
Location SCR 357



HB18-1217 - Referred to Senate Appropriations


12:30:31 PM  

Senator Gardner, prime sponsor, 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.

12:31:40 PM  
Jeff Wasden, representing the Colorado Business Roundtable, testified in support of the bill.
12:33:47 PM  
Carl Larson, representing the National Association of Insurance and Financial Advisors, testified in support of the bill.
12:36:32 PM  
Elizabeth Cheever, representing the Colorado Fiscal Institute, testified in opposition to the bill.
12:36:54 PM  
Steve Foster, representing Convercent, testified on the bill.


12:47:02 PM
Motion Refer House Bill 18-1217 to the Committee on Appropriations.
Moved Tate
Seconded
Court Yes
Jahn Yes
Tate Yes
Smallwood No
Neville T. Yes
Final YES: 4   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS