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PUBLIC
BILL SUMMARY For HB23-1189

HOUSE COMMITTEE ON FINANCE
Date Feb 27, 2023       Location HCR 0112

HB23-1189 - Referred to House Appropriations


01:31:05 PM  
Representatives Bird and Weinberg, co-prime sponsors, presented House Bill 23-1189. Starting for tax year 2023 through tax year 2029, the bill creates a state income tax credit for employers who make a contribution to an employee for purchasing a primary residence. The sponsors responded to questions from the committee.
01:41:46 PM  
The committee continued to discuss the bill with the sponsors.
01:47:55 PM  
Elizabeth Ramey, representing Legislative Council Staff, came to the table to respond to questions about the fiscal note.
01:53:55 PM  
Alison Morgan, representing the Colorado Bankers Association, testified in support of the bill.
01:56:31 PM  
Charles Allison-Godfrey, representing Elevation Community Land Trust, testified in support of the bill.
01:59:11 PM  
Jason Hopfer, representing the Colorado Association of Realtors, testified in support of the bill.
02:00:51 PM  
The witnesses responded to questions from the committee.
02:09:36 PM  
Meghan Dollar, representing the Colorado Chamber of Commerce, testified in support of the bill.
02:12:26 PM  

Daniel Ryley, representing himself, testified in support of the bill.

02:16:00 PM  

Rich Werner, representing the Northern Colorado Legislative Alliance, testified in support of the bill.

02:19:43 PM  
The witnesses responded to questions from the committee.

02:39:07 PM
Motion Refer House Bill 23-1189 to the Committee on Appropriations.
Moved Weinberg
Seconded Frizell
deGruy Kennedy No
Daugherty Yes
Frizell Yes
Hartsook Yes
Kipp Yes
Lindstedt Yes
Marshall No
Taggart Yes
Weinberg Yes
Joseph Yes
Snyder Yes
Final YES: 9   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS