2D3326557F5442D1872589950004E670 Hearing Summary

Speaker McCluskie and Representative Sirota, co-prime sponsors, presented House Bill 23-1290. The bill refers a ballot measure to voters at the November 2023 statewide election to retain excess revenue collected from Proposition EE that otherwise would be refunded, and to maintain the tax rates that were approved in Proposition EE. If voters approve the ballot measure, the bill increases state revenue relative to current law expectations for reduced tax rates. The bill also clarifies current law if the measure is not approved by the voters.  Written public testimony is included as attachment D.

The bill sponsors responded to questions from the committee.

Krista Spurgin, representing Stand for Children Colorado, testified in support of the bill.

Nicole Riehl, representing Colorado Executives Partnering to Invest in Children (EPIC), testified in support of the bill.

Melissa Mares, representing the Colorado Children's Campaign, testified in support of the bill.

Mrs. Susan Hill, representing Save the Children Action Network, testified in support of the bill.

Amber Egbert, representing the Colorado Department of Revenue, was available to answer committee questions.