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9E70D0612D59DEF0872586E9004E9A95 Hearing Summary




PUBLIC
BILL SUMMARY For HB21-1327

HOUSE COMMITTEE ON FINANCE
Date Jun 3, 2021      
Location HCR 0112



HB21-1327 - Referred to House Appropriations


08:19:03 AM  
Representatives Van Winkle and Ortiz presented House Bill 21-1327 to the committee. The bill allows pass-through businesses to elect to pay their state income tax at the entity level, rather than the individual level, beginning in tax year 2022.
08:26:54 AM  
Josh Pens, representing Department of Revenue, was available to answer committee questions.
08:26:57 AM  
Phil Horwitz, representing
S-Corporation Association, testified in support of the bill.
08:37:13 AM  
Dorothy Jones, representing Denver Metro Chamber, testified in support of the bill.
08:43:41 AM  
Tony Gagliardi, representing NFIB, testified in support of the bill.
08:46:05 AM  
Sponsors wrapped up their presentation to the committee.


08:49:53 AM
Motion Refer House Bill 21-1327 to the Committee on Appropriations.
Moved Snyder
Seconded Gray
Benavidez No
Bradfield Yes
Daugherty Yes
Gonzales-Gutierrez Yes
Gray Yes
Luck Yes
Sandridge Yes
Titone Yes
Will Yes
Snyder Yes
Bird Yes
Final YES: 10   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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