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s_fin_2018a_2018-05-01t13:51:47z1 Hearing Summary




PUBLIC
BILL SUMMARY For SB18-265

SENATE COMMITTEE ON FINANCE
Date May 1, 2018      
Location SCR 352



SB18-265 - Referred to Senate Appropriations


02:14:48 PM  
Senator Hill, prime sponsor, presented Senate Bill 18-265, which creates a state income tax credit for moneys deposited in a child care savings account, and a state income tax deduction for interest earned in the account.
02:15:24 PM  
Brendon Reese, representing the Department of Revenue, testified on the bill.
02:16:31 PM  

Carl Larson, representing the National Association of Insurance and Financial Advisors, testified in support of the bill.

02:16:55 PM  
Senator Evie Hudak, representing Colorado PTA, testified in opposition to the bill.


02:23:50 PM
Motion Refer Senate Bill 18-265 to the Committee on Appropriations.
Moved Tate
Seconded
Jahn Yes
Kagan No
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 4   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS