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16CC350EB89B718A872589630076F408 Hearing Summary




PUBLIC
BILL SUMMARY For HB23-1047

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



HB23-1047 - Amended, referred to House Appropriations


02:39:21 PM  
Representatives Snyder and Wilson, co-prime sponsors, presented House Bill 23-1047. The bill increases the state income tax deduction amount for taxpayers filing jointly who make contributions to a CollegeInvest savings account. Amendment L.001 (Attachment A) was distributed.
02:42:40 PM  
The committee discussed the bill at length with the sponsors.
03:00:39 PM  
Ms. Fofi Mendez,
representing the National Association of Insurance and Financial Advisors,
testified in support of the bill.


03:12:27 PM
Motion Adopt amendment L.001 (Attachment A).
Moved Snyder
Seconded Weinberg
deGruy Kennedy Yes
Daugherty Yes
Frizell Yes
Hartsook Yes
Kipp No
Lindstedt Yes
Marshall Yes
Taggart No
Weinberg No
Joseph Yes
Snyder Yes
YES: 8   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS
03:12:29 PM  
Jed Franklin, representing the Office of Legislative Legal Services, came to the table to respond to questions about the language of the bill.
03:12:35 PM  
The committee recessed.
03:13:32 PM  
The committee returned to order.
03:14:39 PM  
The sponsors provided closing remarks.
03:15:04 PM  
Members of the committee commented about their positions on the bill.


03:21:42 PM
Motion Refer House Bill 23-1047, as amended, to the Committee on Appropriations.
Moved Snyder
Seconded Weinberg
deGruy Kennedy No
Daugherty No
Frizell Yes
Hartsook Yes
Kipp No
Lindstedt No
Marshall No
Taggart Yes
Weinberg Yes
Joseph Yes
Snyder Yes
Final YES: 6   NO: 5   EXC: 0   ABS:  0   FINAL ACTION:  PASS