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PUBLIC
BILL SUMMARY For HB24-1295

SENATE COMMITTEE ON FINANCE
Date Apr 30, 2024       Location SCR 357

HB24-1295 - Amended, referred to Senate Appropriations


07:05:41 PM  
Senators Fenberg and Coleman, co-prime sponsors, presented HB24-1295, which updates the Community Revitalization Grant Program and creates a new income tax credit for creative industry capital improvement projects in tax years
2026 through 2032.
07:08:29 PM  
Mr. Mark Heller, representing Colorado Educational and Cultural Facilities Authority, testified to amend the bill. Summer Hill, representing Denver Metro Chamber of Commerce , testified in support of the bill. Josh Blanchard, representing Office of Economic Development and International Trade, testified in support of the bill.
07:22:42 PM  
Mr. Heller responded to committee questions.

07:24:12 PM
Motion Adopt amendment L.003 (Attachment C).
Moved Buckner
Seconded
Buckner
Hansen
Simpson
Smallwood
Van Winkle
Kolker
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection

07:25:35 PM
Motion Refer House Bill 24-1295, as amended, to the Committee on Appropriations.
Moved Kolker
Seconded
Buckner Yes
Hansen Yes
Simpson Yes
Smallwood No
Van Winkle No
Kolker Yes
Mullica Yes
Final YES: 5   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS