CLICS/CLICS2022A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB22-124
HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date May 4, 2022
Location HCR 0112
SB22-124 - Amended, referred to House Appropriations
|
| Attachment Tag |
File Name |
| Attachment H |
https://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/582D647D53A05ADA87258838007206CE/$File/Attachment H - SB124_L.007.pdf?OpenElement
|
|
|
|
11:33:32 AM |
Representatives Ortiz and Van Winkle introduced Senate Bill 22-124, SALT Parity Act. The bill allows pass-through businesses to elect to retroactively pay their state income tax at the entity level, rather than the individual level, beginning in tax year 2018. |
|
11:38:34 AM |
Josh Pens, representing the Department of Revenue, was available to answer committee questions. |
|
11:39:11 AM |
Phil Horwitz, representing himself, testified in support of the bill. |
|
11:39:50 AM |
Adam Burg, representing the Denver Metro Chamber of Commerce, testified in support of the bill. |
|
11:42:43 AM |
The bill sponsors
discussed Amendment L.007 (Attachment H). |
11:44:23 AM
|
Motion |
Adopt amendment L.007 |
|
| Moved |
Van Winkle |
|
| Seconded |
Duran |
|
|
|
|
Bird |
Yes |
|
|
Carver |
No |
|
|
Duran |
Yes |
|
|
Hooton |
Yes |
|
|
Jodeh |
Yes |
|
|
Lynch |
No |
|
|
Ricks |
Yes |
|
|
Sandridge |
No |
|
|
Snyder |
Yes |
|
|
Van Beber |
No |
|
|
Van Winkle |
Yes |
|
|
Sullivan |
Yes |
|
|
Roberts |
Yes |
|
|
|
YES: 9 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS
|
|
|
|
11:44:24 AM |
The bill sponsors made closing remarks on the bill. |
11:46:36 AM
|
Motion |
Refer Senate Bill 22-124, as amended, to the Committee on Appropriations. |
|
| Moved |
Van Winkle |
|
| Seconded |
Duran |
|
|
|
|
Bird |
Yes |
|
|
Carver |
Yes |
|
|
Duran |
Yes |
|
|
Hooton |
Yes |
|
|
Jodeh |
Yes |
|
|
Lynch |
Yes |
|
|
Ricks |
Yes |
|
|
Sandridge |
No |
|
|
Snyder |
Yes |
|
|
Van Beber |
Yes |
|
|
Van Winkle |
Yes |
|
|
Sullivan |
Yes |
|
|
Roberts |
Yes |
|
|
Final |
YES: 12 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS
|
|
|
