h_ed_2017a_2017-04-19t11:29:00z0 Hearing Summary

Date: 04/19/2017

Location: HCR 0112

11:30 AM -- HB17-1324



Representative McLachlan and Representative Pettersen, co-sponsors, presented House Bill 17-1324 concerning educational opportunity tax incentives, and, in connection therewith, modifying the existing state income tax deductions for contributions to and distributions of investment earnings from the qualified state tuition program established by CollegeInvest and creating new state income tax credits for qualifying teachers and student teachers who teach in rural schools.



11:37 AM -- Kate Watkins, Legislative Council Staff, answered questions from the committee regarding the fiscal note.



11:39 AM -- Ali Mickelson, representing the Colorado Fiscal Institute, testified in favor of the bill. She answered questions from the committee regarding the needs of rural school districts.



11:48 AM -- Michelle Murphy, representing the Colorado Rural Schools Alliance, testified in favor of the bill. She answered questions about teacher shortages in rural school districts.



11:53 AM -- Angela Baier, representing CollegeInvest, was neutral on the bill. She answered questions from the committee regarding research on the impact of tax deductions.



Ms. Mickelson was called back to the table to answer questions from the committee.





12:03 PM



Committee discussion ensued.



The co-sponsors distributed and discussed amendment L.001 (Attachment A), amendment L.002 (Attachment B), and amendment L.003 (Attachment C).



17HouseEd0419AttachA.pdf 17HouseEd0419AttachB.pdf



17HouseEd0419AttachC.pdf

12:11 PM



Representative Pettersen and Representative McLachlan provided closing comments on the bill.



The committee members provided closing comments on the bill.