6C2B53BD025A72B687258C7D006A7670 Hearing Summary

PUBLIC
BILL SUMMARY For HB25-1021

SENATE COMMITTEE ON FINANCE
Date May 1, 2025
Location SCR 357

HB25-1021 - Amended, referred to Senate Appropriations

Attachment Tag

File Name

Attachment G

Attachment G.pdf

Attachment H

Attachment H.pdf

01:22:49 PM

Senator Bridges introduced
House Bill 25-1302. The bill creates two state income tax deductions, a
new income tax credit, and also extends and modifies the current Employee
Ownership Tax Credit.

01:23:31 PM

Ms. Hunter Nelson,
representing Small Business Majority, testified in support of the bill.
Mr. Michael Gifford, representing AGC Colorado, testified in support
of the bill. Mr. Tristan Watkins, representing the Office of Economic Development
and International Trade (OEDIT), testified in support of the bill. Written
testimony may be found in Attachment G.

01:29:55 PM	Motion	Adopt amendment L.006 (Attachment H)
	Moved	Marchman
	Seconded

	Bright
	Frizell
	Gonzales J.
	Kolker
	Mullica
	Simpson
	Snyder
	Marchman
	Kipp
		YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection

01:32:05 PM	Motion	Refer House Bill 25-1021, as amended, to the Committee on Appropriations.
	Moved	Marchman
	Seconded

	Bright	Yes
	Frizell	Yes
	Gonzales J.	Excused
	Kolker	Excused
	Mullica	Yes
	Simpson	Yes
	Snyder	Yes
	Marchman	Yes
	Kipp	Yes
	Final	YES: 7 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS

HB25-1021 - Amended, referred to Senate Appropriations

Colorado General Assembly