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44DC2A9ACA9228F787258A6A005FFAE8 Hearing Summary




PUBLIC
BILL SUMMARY For SB23B-003

SENATE COMMITTEE ON STATE, VETERANS, & MILITARY AFFAIRS
Date Nov 17, 2023      
Location Old Supreme Court



SB23B-003 - Referred to the Committee of the Whole


10:28:48 AM  
Senator Hinrichsen and Senator Marchman, co-prime sponsors, presented Senate Bill 23B-003 to the committee. The bill directs that TABOR refunds that would otherwise be paid in FY 2023-24 via the six-tier sales tax refund mechanism be instead paid in equal amounts to qualifying taxpayers.
10:31:40 AM  
Caroline Nutter, representing the Colorado Fiscal Institute, testified in support of the bill and responded to questions from the committee.
10:41:58 AM  
Senators Marchman and Hinrichsen wrapped up their presentation of the bill. Committee members commented on the bill.
10:51:22 AM  
The committee recessed.
11:21:27 AM  
The committee reconvened.


11:22:24 AM
Motion Refer Senate Bill 23B-003 to the Committee of the Whole.
Moved Hinrichsen
Seconded
Baisley No
Hinrichsen Yes
Liston No
Sullivan Yes
Coleman Yes
Final YES: 3   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS






The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details