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827421FDC120460087258B1300132FD1 Hearing Summary




PUBLIC
BILL SUMMARY For HB24-1434

SENATE COMMITTEE ON FINANCE
Date May 3, 2024      
Location SCR 352



HB24-1434 - Referred to Senate Appropriations


09:29:38 PM  
Senators Zenzinger
and Simpson presented HB24-1434, which increases the amount of affordable
housing tax credits issued by the Colorado Housing and Finance Authority
and creates a new state income tax credit for taxpayers that invest in
qualified low-income housing projects located in a transit-oriented community.

09:29:58 PM  
Ms. Jerilynn Francis,
representing Colorado Housing and Finance Authority (CHFA), testified in
support of the bill. Kinsey Hasstedt, representing Enterprise Community
Partners, testified in support of the bill. Amy Case-Miranda, representing
National Association of Housing & Redevelopment Officials - Colorado
Chapter, testified in support of the bill. Written testimony for the bill
is included as Attachment I.


09:43:22 PM
Motion Refer House Bill 24-1434 to the Committee on Appropriations.
Moved Simpson
Seconded
Bridges Yes
Coleman Yes
Pelton R. Yes
Simpson Yes
Smallwood Excused
Hansen Yes
Mullica Yes
Final YES: 6   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS