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Second Regular Session | 75th General Assembly
Colorado General Assembly

PUBLIC
BILL SUMMARY For HB26-1222

HOUSE COMMITTEE ON FINANCE
Date Mar 9, 2026       Location HCR 0112

HB26-1222 - Amended, referred to House Appropriations
05:53:30 PM  
Representatives McCormick and Garcia provided introductory remarks for House Bill 26-1222. The bill creates new additions and subtractions to state taxable income for businesses and creates an expanded family affordability tax credit.
06:03:13 PM  
The bill sponsors responded to questions from the committee.
06:03:14 PM  
Written testimony included in Attachment D.
06:03:29 PM  
Ms. Louise Myrland, representing The Women's Foundation of Colorado, testified in support of the bill. Joshua Mantell, representing The Bell Policy Center, testified in support of the bill. Mr. Marco Guzman, representing the Institute on Taxation and Economic Policy, testified in support of the bill. Susan Hill, representing Save the Children Action Network, testified in support of the bill.
06:16:52 PM  
Mr. Steve Betts, representing the American Council of Engineering Companies of Colorado, testified in opposition to the bill. Mr. Phil Horwitz, representing the Colorado Chamber of Commerce, Tax Council, testified in opposition to the bill. Mrs. Alicia Gelinas, representing the Colorado Society of CPAs, testified in opposition to the bill. Mr. Patrick Boyle, representing the Colorado Competitive Council, testified in opposition to the bill.
06:25:41 PM  
Natalie Menten, representing themself, testified in opposition to the bill.
06:25:44 PM  
Members of the panel responded to questions from the committee.
06:41:01 PM  
Caroline Nutter, representing the Colorado Fiscal Institute, testified in support of the bill. Zach Martinez, representing Gary Advocacy, testified in support of the bill. Ms. Ealasha Vaughner, representing Clayton Early Learning, testified in support of the bill. Mr. Matt Salka, representing themself, testified in support of the bill. Kathy White, testifying on behalf of Veronica Williams, supported the bill.
06:48:33 PM  
Josh Pens, representing the Department of Revenue, was available to answer committee questions. Amber Egbert, representing the Colorado Department of Revenue, was available to answer committee questions.
06:48:35 PM  
The bill sponsors introduced L.001 (Attachment E).

06:49:37 PM
 Motion Adopt amendment L.001
Moved Garcia
Seconded Stewart R.
Brooks
Camacho
DeGraaf Excused
Garcia
Gonzalez R.
Hartsook
Marshall
Stewart R.
Zokaie
Titone
Woodrow
YES: 0   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  Pass Without Objection
06:49:41 PM  
The bill sponsors introduced L.002 (Attachment F).

06:50:26 PM
 Motion Adopt amendment L.002
Moved Garcia
Seconded Stewart R.
Brooks
Camacho
DeGraaf Excused
Garcia
Gonzalez R.
Hartsook
Marshall
Stewart R.
Zokaie
Titone
Woodrow
YES: 0   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  Pass Without Objection
06:50:27 PM  
The bill sponsors provided closing remarks for House Bill 26-1222.

06:55:50 PM
 Motion Refer House Bill 26-1222, as amended, to the Committee on Appropriations.
Moved Garcia
Seconded Stewart R.
Brooks No
Camacho Yes
DeGraaf Excused
Garcia Yes
Gonzalez R. No
Hartsook No
Marshall Yes
Stewart R. Yes
Zokaie Yes
Titone Yes
Woodrow Yes
Final YES: 7   NO: 3   EXC: 1   ABS:  0   FINAL ACTION:  PASS