6B0B47766E64AB2C87258AE4007AC24D Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For HB24-1325HOUSE COMMITTEE ON FINANCEDate Mar 18, 2024 Location HCR 0112 HB24-1325 - Amended, referred to House Appropriations Attachment Tag File Name http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/5101CA07A692...$File/Attachment I HB1325_L.001.pdf?OpenElement Attachment I HB1325_L.001.pdf http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/554AFC58F4DC...$File/Attachment J HB1325_L.002.pdf?OpenElement Attachment J HB1325_L.002.pdf 04:20:55 PM Representatives Soper and Valdez, co-prime sponsors, presented House Bill 24-1325. The bill creates two income tax credits to support the quantum industry. 04:34:04 PM Mr. Jeff Kraft, representing Office of Economic Development and International Trade, testified in support of the bill. 04:37:37 PM Massimo Ruzzene, representing the University of Colorado, testified in support of the bill. 04:40:15 PM Justin Ging, representing the Colorado Technology Association - Atom Computing, testified in support of the bill. 04:42:39 PM Dr. Eliot Kapit, representing Colorado School of Mines, testified in support of the bill. 04:45:48 PM The witnesses responded to questions from the committee. 04:51:19 PM Mr. Zachary Yerushalmi, representing Elevate Quantum, testified in support of the bill. 04:55:47 PM Mr. Corban Tillemann-Dick, representing Maybell Quantum, testified in support of the bill. 04:59:11 PM Dr. Chris Myatt, representing themself, testified in support of the bill. 05:02:38 PM Dr. Colleen Simpson, representing Front Range Community College, President, testified in support of the bill. 05:04:46 PM Ms. Zaneta Kelsey, representing Access Mode, testified in support of the bill. 05:07:05 PM Mr. Dennis Dougherty, representing himself, testified to amend the bill. 05:11:14 PM Ms. Drea Modugno, representing the Denver Metro Chamber of Commerce, testified in support of the bill. 05:14:42 PM Dr. Maud Naroll, representing the League of Women Voters of Colorado, testified in support of the bill. 05:15:51 PM The witnesses responded to questions from the committee. 05:25:29 PM The witnesses continued to discuss the bill with the committee. 05:34:17 PM Motion Adopt amendment L.001 (Attachment I). Moved Soper Seconded Marshall deGruy Kennedy Frizell Garcia Holtorf Kipp Lindstedt Marshall Soper Weinberg Joseph Snyder YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 05:36:24 PM Motion Adopt amendment L.002 (Attachment J). Moved Soper Seconded Lindstedt deGruy Kennedy Frizell Garcia Holtorf Kipp Lindstedt Marshall Soper Weinberg Joseph Snyder YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 05:36:26 PM The bill sponsors made closing remarks and and asked for a favorable recommendation. 05:42:57 PM Motion Refer House Bill 24-1325, as amended, to the Committee on Appropriations. Moved Soper Seconded Joseph deGruy Kennedy No Frizell Yes Garcia Yes Holtorf Yes Kipp Yes Lindstedt Yes Marshall Yes Soper Yes Weinberg Yes Joseph Yes Snyder Yes Final YES: 10 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS