H_FIN_2024A 04/10/2024 11:47:43 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON FINANCE Date 04/10/2024 Attendance deGruy Kennedy X Frizell X Garcia X Hartsook X Kipp X Lindsay X Marshall X Soper * Weinberg X Joseph * Snyder X Time 11:47:43 AM to 02:06:55 PM Place LSB A This Meeting was called to order by Snyder This Report was prepared by Jessika Shipley Hearing Items Action Taken hHB24-1271 Amended, referred to House Appropriations hHB24-1326 Amended, referred to House Appropriations hSB24-044 Referred to House Appropriations hSB24-016 Amended, referred to House Appropriations hHB24-1286 Amended, referred to the Committee of the Whole HB24-1271 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/B624756DADB8...$File/Attachment A HB1271_L.008.pdf?OpenElement Attachment A HB1271_L.008.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/7FA008F6C55D...$File/Attachment B HB1271_L.006.pdf?OpenElement Attachment B HB1271_L.006.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/D6D7275E8884...$File/Attachment C HB1271_L.005.pdf?OpenElement Attachment C HB1271_L.005.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/DB39F11D0AE4...$File/Attachment D HB1271_L.009.pdf?OpenElement Attachment D HB1271_L.009.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/D1C23BCAD158...$File/Attachment E HB1271_L.010.pdf?OpenElement Attachment E HB1271_L.010.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/58EC395EDC71...$File/Attachment F HB1271_L.011.pdf?OpenElement Attachment F HB1271_L.011.pdf 11:49:37 AM Representatives Lynch and McCormick, co-prime sponsors, returned to the committee to discuss House Bill 24-1271. The bill was originally postponed indefinitely on Monday, April 8, 2024. Representative deGruy Kennedy explained the reconsideration process. 11:52:00 AM Motion Reconsider the motion to postpone indefinitely House Bill 24-1271. Moved deGruy Kennedy Seconded Soper deGruy Kennedy Yes Frizell Yes Garcia Yes Hartsook Yes Kipp Yes Lindsay Yes Marshall Yes Soper Yes Weinberg Yes Joseph Yes Snyder Yes YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS 11:52:54 AM Motion Reconsider the adoption of amendment L.008 (Attachment A) to HB 24-1271. Moved deGruy Kennedy Seconded Kipp deGruy Kennedy Yes Frizell Yes Garcia Yes Hartsook Yes Kipp Yes Lindsay Yes Marshall Yes Soper Yes Weinberg Yes Joseph Yes Snyder Yes YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS 11:53:37 AM Motion Reconsider the adoption of amendment L006 (Attachment B) to HB 24-1271. Moved deGruy Kennedy Seconded Kipp deGruy Kennedy Yes Frizell Yes Garcia Yes Hartsook Yes Kipp Yes Lindsay Yes Marshall Yes Soper Yes Weinberg Yes Joseph Yes Snyder Yes YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS 11:54:35 AM Motion Reconsider the adoption of amendment L.005 (Attachment C) to HB 24-1271. Moved deGruy Kennedy Seconded Kipp deGruy Kennedy Yes Frizell Yes Garcia Yes Hartsook Yes Kipp Yes Lindsay Yes Marshall Yes Soper Yes Weinberg Yes Joseph Yes Snyder Yes YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS 11:56:16 AM Representative McCorrmick distributed and explained amendments L009 (Attachment D), L.010 (Attachment E), and L.011 (Attachment F). 11:57:21 AM Motion Adopt amendment L.009 (Attachment D). Moved Joseph Seconded Garcia deGruy Kennedy Frizell Garcia Hartsook Kipp Lindsay Marshall Soper Weinberg Joseph Snyder YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 11:57:56 AM Motion Adopt amendment L.010 (Attachment E). Moved Joseph Seconded Kipp deGruy Kennedy Frizell Garcia Hartsook Kipp Lindsay Marshall Soper Weinberg Joseph Snyder YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 11:58:21 AM Motion Adopt amendment L.011 (Attachment F). Moved Joseph Seconded Garcia deGruy Kennedy Frizell Garcia Hartsook Kipp Lindsay Marshall Soper Weinberg Joseph Snyder YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 11:58:24 AM The bill sponsors wrapped up their presentation of the bill and asked for a favorable recommendation. 12:00:37 PM Motion Refer House Bill 24-1271, as amended, to the Committee on Appropriations. Moved Joseph Seconded Frizell deGruy Kennedy Yes Frizell Yes Garcia Yes Hartsook Yes Kipp Yes Lindsay Yes Marshall No Soper Yes Weinberg No Joseph Yes Snyder Yes Final YES: 9 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1286 - Committee Discussion Only Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/0532EA9408F0...$File/Attachment G HB1286_L.004.pdf?OpenElement Attachment G HB1286_L.004.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/A8F7D14C8D4F...$File/Attachment H HB1286_L008.pdf?OpenElement Attachment H HB1286_L008.pdf 12:01:37 PM Representatives Lindsay and Joseph, co-prime sponsors, returned to the committee to present House Bill 24-1286. The bill was originally heard by the committee on March 25, 2024. They distributed and explained amendments L004 (Attachment G) and L.008 (Attachment H). 12:22:42 PM The committee took a brief recess. 12:26:33 PM The committee returned to order. The motion to adopt L.008 was withdrawn and the bill was laid over to the end of the day's agenda. HB24-1326 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/6DC215CD2B8D...$File/Attachment I HB1326_L.003.pdf?OpenElement Attachment I HB1326_L.003.pdf 12:28:53 PM Representatives Brown and Ricks, co-prime sponsors, presented House Bill 24-1326. This bill continues bingo-raffle licensing through September 1, 2029, which is scheduled to repeal on September 1, 2024. Representative Brown distributed and explained amendment L.003 (Attachment I). 12:33:10 PM Mr. Henry Kyle, representing the Colorado Charitable Bingo Association, testified in support of the bill. Mr. Alex Goddard, representing the Colorado Department of State, was available to answer committee questions. 12:39:45 PM Motion Adopt amendment L.003 (Attachment I). Moved Kipp Seconded Soper deGruy Kennedy Frizell Garcia Hartsook Kipp Lindsay Marshall Soper Weinberg Joseph Snyder YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 12:39:48 PM The bill sponsors wrapped up their presentation of the bill and asked for a favorable recommendation. 12:41:53 PM Motion Refer House Bill 24-1326, as amended, to the Committee on Appropriations. Moved Joseph Seconded Kipp deGruy Kennedy Yes Frizell Yes Garcia Yes Hartsook Yes Kipp Yes Lindsay Yes Marshall Yes Soper Yes Weinberg Yes Joseph Yes Snyder Yes Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS SB24-044 - Referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/30135EA22449...$File/Attachment J Merged.pdf?OpenElement Attachment J Merged.pdf 12:42:23 PM Representatives Hamrick and Kipp, co-prime sponsors, presented Senate Bill 24-044. For tax years 2024 and 2025 only, this bill creates a $700 refundable state income tax credit for qualifying public service retirees. 12:52:36 PM The bill sponsors responded to questions from the committee. 12:53:34 PM Karen Wick, representing Secure PERA, testified in support of the bill. 01:02:00 PM Ms. Wick responded to committee questions. Additional written testimony is included as Attachment J. 01:03:23 PM The bill sponsor wrapped up their presentation of the bill and asked for a favorable recommendation. 01:05:15 PM Motion Refer Senate Bill 24-044 to the Committee on Appropriations. Moved Kipp Seconded Garcia deGruy Kennedy Yes Frizell No Garcia Yes Hartsook No Kipp Yes Lindsay Yes Marshall No Soper No Weinberg No Joseph Yes Snyder Yes Final YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS SB24-016 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/A4C899631F32...$File/Attachment K SB016_L.002.pdf?OpenElement Attachment K SB016_L.002.pdf 01:05:47 PM Representative Snyder, prime sponsor, presented Senate Bill 24-016. Starting in tax year 2024, the bill expands the donations that would qualify for certain state income tax credits, and changes the administration of the state homeless contribution tax credit. 01:11:38 PM Erica Thornley, representing the Colorado Gives Foundation, testified in support of the bill. Ken Kerwin, representing the Colorado Gives Foundation, was available to answer committee questions. Meghan Shay, representing Step Denver, testified in support of the bill. Paul Lhevine, representing the Colorado Nonprofit Association, testified in support of the bill. Mr. Lance Cheslock, representing La Puente Home, testified in support of the bill. Ms. Kristin Toombs, representing the state of Colorado's Department of Local Affairs, Division of Housing, Office of Homeless Initiatives, testified in support of the bill. 01:23:14 PM The panel of witnesses responded to questions from the committee. 01:30:20 PM Motion Adopt amendment L.002 (Attachment K). Moved Snyder Seconded Kipp deGruy Kennedy Frizell Garcia Hartsook Kipp Lindsay Marshall Soper Weinberg Joseph Snyder YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 01:30:22 PM Wrap up. 01:36:08 PM Motion Refer Senate Bill 24-016, as amended, to the Committee on Appropriations. Moved Snyder Seconded Soper deGruy Kennedy Yes Frizell Yes Garcia Yes Hartsook Yes Kipp Yes Lindsay Yes Marshall No Soper Yes Weinberg No Joseph Yes Snyder Yes Final YES: 9 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1286 - Amended, referred to the Committee of the Whole 01:37:19 PM The committee returned to House Bill 24-1286. 01:42:58 PM The bill sponsors committee questions about the amendments. 01:57:20 PM Motion Adopt amendment L.009 (Attachment L), which amends amendment L.004. Moved Lindstedt Seconded Joseph deGruy Kennedy No Frizell No Garcia No Hartsook No Kipp Yes Lindsay Yes Marshall Yes Soper Yes Weinberg No Joseph Yes Snyder Yes YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS 01:57:55 PM Motion Adopt amendment L.004 (Attachment G), as amended. Moved Joseph Seconded Lindstedt deGruy Kennedy Frizell Garcia Hartsook Kipp Lindsay Marshall Soper Weinberg Joseph Snyder YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 01:57:58 PM The bill sponsors made closing remarks. 02:06:44 PM Motion Refer House Bill 24-1286, as amended, to the Committee of the Whole. Moved Joseph Seconded Lindstedt deGruy Kennedy Yes Frizell No Garcia Yes Hartsook No Kipp Yes Lindsay Yes Marshall No Soper No Weinberg No Joseph Yes Snyder Yes Final YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS 02:06:55 PM The committee adjourned.