Location: LSB A
Final
BILL SUMMARY for HB16-1332
HOUSE COMMITTEE ON FINANCE
BILL SUMMARY for HB16-1332
HOUSE COMMITTEE ON FINANCE
| Votes: View--> | Action Taken: |
| Adopt amendment L.002 (Attachment E). The motion p Refer House Bill 16-1332, as amended, to the Commi |
Pass Without Objection PASS |
04:11 PM -- HB16-1332
Representative Duran and Representative Rankin, co-prime sponsors, introduced House Bill 16-1332. Effective tax year 2017, the bill changes two refundable income tax credits in current law: the innovative motor vehicle credit and the innovative truck credit. The bill changes the computation of certain tax credits, discontinues certain categories, and allows the transfer of the credits to a financing entity. Representative Duran distributed amendment L.002 (Attachment E) and a handout (Attachment F) to the committee.
04:18 PM -- Mr. Nigel Zeid, representing Boulder Nissan, testified in support of the bill.
04:21 PM -- Mr. Sherrie Merrow, representing Noble Energy Inc., testified in support of the bill.
04:23 PM -- Mr. Luke Walch, representing himself, testified against the bill. He answered several committee questions.
04:35 PM -- Mr. Eric Myers, representing DOR, came to the table to answer committee questions.
04:38 PM -- Mr. Andrew Sand, representing the Colorado Energy Office, came to the table to answer committee questions. Committee discussion ensued on the tax credit for used vehicles.
| BILL: | HB16-1332 | |
| TIME: | 04:52:44 PM | |
| MOVED: | Court | |
| MOTION: | Adopt amendment L.002 (Attachment E). The motion passed without objection. | |
| SECONDED: | Foote | |
VOTE |
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Becker K. |
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Conti |
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Garnett |
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Kagan |
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Pabon |
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Roupe |
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Sias |
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Van Winkle |
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Wilson |
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Foote |
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Court |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | HB16-1332 | |
| TIME: | 04:55:27 PM | |
| MOVED: | Court | |
| MOTION: | Refer House Bill 16-1332, as amended, to the Committee on Appropriations. The motion passed on a vote of 10-0. | |
| SECONDED: | Kagan | |
VOTE |
||
Becker K. |
Yes |
|
Conti |
Yes |
|
Garnett |
Yes |
|
Kagan |
Yes |
|
Pabon |
Yes |
|
Roupe |
Excused |
|
Sias |
Yes |
|
Van Winkle |
Yes |
|
Wilson |
Yes |
|
Foote |
Yes |
|
Court |
Yes |
|
Final YES: 10 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS
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