DA50BF90C5EFEF70872583E0006B7090 Hearing Summary

The committee came to order, roll call was taken, and then the committee took a brief recess.

The committee came back to order.

Representative Kennedy and Representative Weissman, co-prime bill sponsors, presented House Bill 19-1317. The bill sets the amount of the senior homestead exemption to zero for 2020 and future years, and creates a refundable income tax credit through 2029 for all senior taxpayers with adjusted gross income up to an inflation-adjusted $65,000.

Representative Kennedy further explained the bill and provided a handout to the committee (Attachment A).

Representative Weissman made additional comments regarding the bill.

Ed Shackelford, Colorado Senior Lobby, testified in support of the bill. He provided a handout to the committee (Attachment B).

Ali Mickelson, Colorado Fiscal Institute, testified in support of the bill. She provided a handout to the committee (Attachment C).

Steve Douglas, representing himself, testified in opposition to the bill.

Bob Brocker, representing himself, testified on the bill.

Representative Kennedy provided concluding remarks about the bill.  Committee members commented on the bill.