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PUBLIC
BILL SUMMARY For HB24-1434

SENATE COMMITTEE ON FINANCE
Date May 3, 2024       Location SCR 352

HB24-1434 - Referred to Senate Appropriations


09:29:38 PM  
Senators Zenzinger and Simpson presented HB24-1434, which increases the amount of affordable housing tax credits issued by the Colorado Housing and Finance Authority and creates a new state income tax credit for taxpayers that invest in qualified low-income housing projects located in a transit-oriented community.
09:29:58 PM  
Ms. Jerilynn Francis, representing Colorado Housing and Finance Authority (CHFA), testified in support of the bill. Kinsey Hasstedt, representing Enterprise Community Partners, testified in support of the bill. Amy Case-Miranda, representing National Association of Housing & Redevelopment Officials - Colorado Chapter, testified in support of the bill. Written testimony for the bill is included as Attachment I.

09:43:22 PM
Motion Refer House Bill 24-1434 to the Committee on Appropriations.
Moved Simpson
Seconded
Bridges Yes
Coleman Yes
Pelton R. Yes
Simpson Yes
Smallwood Excused
Hansen Yes
Mullica Yes
Final YES: 6   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS