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0FF26B86A399B08B87258A19005846C3-Finalize Recommendations and Letter-1 Activity Vote Summary

Vote Summary

Hearing Item: Finalize Recommendations and Letter
Time: 10:45:25 AM
Motion:
The Pension Review Subcommittee recommends that the Pension Review Commission draft a bill for the 2024 legislative session that would provide a limited duration (potentially until a future auto-adjusted COLA increase) income tax credit of at least $700 annually to each PERA retiree based on the retiree’s overall income (through a to-be-determined means test) with state revenue that would otherwise be returned to taxpayers via TABOR and not to impact the state’s direct distribution.

Moved: Kolker
Seconded: Tina Mueh
Dan Daly
Yes
Diane Doney
Yes
Liston
No
Jim Mantele
Yes
Tina Mueh
Yes
Trey Rogers
Yes
Patrick Roybal
Yes
Joshua Sharf
No
Lang Sias
No
Jack Tate
Yes
Wilson
No
Earl Wright
Excused
Kolker
Yes
Hamrick
Yes
YES: 9 NO: 4 EXC: 1 AB: 0 REMOTE: 0

ACTION: PASS

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details