Date: 05/08/2017
Location: LSB A

Votes: View-->	Action Taken:
Refer Senate Bill 17-287 to the Committee on Appro	PASS

12:17 PM -- SB17-287

Representative Garnett, prime sponsor, presented Senate Bill 17-287, which creates an income tax credit for contributions made to an endowment of a Colorado charitable organization.

12:19 PM -- Former Representative Renny Fagan, representing the Colorado Nonprofit Association, testified in support of the bill.

12:24 PM -- Ms. Megan Ledin, representing the Grand Foundation, testified in support of the bill.

12:27 PM -- Ms. Joanne Kelley, representing the Colorado Association of Funders, testified in support of the bill.


12:33 PM

The witnesses answered committee questions.

12:35 PM -- Ms. Ali Mickelson, representing the Colorado Fiscal Institute, testified in opposition to the bill. Ms. Mickelson distributed a handout illustrating the adjusted gross income of Iowa households with endowment tax credit claims (Attachment B). She responded to committee questions. Representative Garnett also responded to committee questions.

17HouseFin0508AttachB.pdf

12:44 PM -- Ms. Amber Egbert, representing the Department of Revenue, came to the table to address questions from the committee.

12:46 PM -- Ms. Kate Watkins, Legislative Council Staff, came to the table to respond to questions about the bill's prepared fiscal note.


12:49 PM

Representative Garnett and members of the committee made closing remarks on the bill.

BILL:	SB17-287
TIME:	12:52:31 PM
MOVED:	Kennedy
MOTION:	Refer Senate Bill 17-287 to the Committee on Appropriations. The motion passed on a vote of 8-5.
SECONDED:	Herod
		VOTE
	Beckman	No
	Benavidez	No
	Catlin	Yes
	Covarrubias	No
	Gray	Yes
	Herod	Yes
	Kennedy	Yes
	Lawrence	Yes
	Michaelson Jenet	Yes
	Thurlow	Yes
	Van Winkle	No
	Foote	No
	Pabon	Yes
Final YES: 8 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS