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653104DF45D5AE4087258A6C00745368 Hearing Summary




PUBLIC
BILL SUMMARY For SB23B-003

HOUSE COMMITTEE ON FINANCE
Date Nov 19, 2023      
Location HCR 0112



SB23B-003 - Referred to the Committee of the Whole


02:10:43 PM  
Representative Dickson
and Representative Mabrey, co-prime bill sponsors, presented Senate Bill
23B-003. The bill directs that TABOR refunds that would otherwise be paid
in FY 2023-24 via the six-tier sales tax refund mechanism be paid instead
in equal amounts to qualifying taxpayers.
02:19:03 PM  
The bill sponsors responded to questions from the committee.
02:38:20 PM  
Committee discussion on Senate Bill 23B-003 ensued.
02:55:37 PM  
The committee recessed.
03:00:05 PM  
The committee resumed.
03:00:24 PM  
Committee discussion on Senate Bill 23B-003 resumed.
03:06:17 PM  
Greg Sobetski, Legislative Council Staff, responded to questions from the committee.
03:06:47 PM  
Caroline Nutter,
representing the Colorado Fiscal Institute, testified in support of the
bill. She responded to questions from the committee.
03:19:43 PM  
The bill sponsors made concluding remarks. Committee members commented on the bill.


03:42:53 PM
Motion Refer Senate Bill 23B-003 to the Committee of the Whole.
Moved Hamrick
Seconded García
Evans No
Frizell No
Hamrick Yes
Kipp Yes
Marshall Yes
Sharbini Yes
Taggart No
Titone Yes
Weinberg No
García Yes
Snyder Yes
Final YES: 7   NO: 4   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