BILL SUMMARY for HB16-1142
HOUSE COMMITTEE ON FINANCE
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The committee was called to order. A quorum was present.
01:34 PM -- HB16-1142
Representatives Buck and Ginal, co-prime sponsors, introduced House Bill 16-1142. The bill creates a state income tax credit for licensed Colorado health care professionals who provide personalized instruction, training, and supervision to one or more graduate students seeking a medical degree at a Colorado institution for higher education. The credit is limited to 300 qualifying taxpayers each year at $1,000 per taxpayer. This credit is non-refundable. Credits in excess of this amount may be carried forward for up to five years. Representative Ginal distributed a handout to the committee (Attachment A). Representative Buck distributed amendment L.002 (Attachment B).
01:50 PM -- Ms. Kelly Erb, representing the Colorado Rural Health Centers, came to the table to testify in support of the bill. She distributed two handouts to the committee (Attachment C and D, respectively). She answered several committee questions.
02:10 PM -- Ms. Amber Egbert, representing the Colorado Department of Revenue (DOR), came to the table to answer questions.
02:11 PM -- Ms. Jennifer Goodrum, representing the Colorado Dental Association, came to the table in support of the bill. She answered questions from the committee.
02:20 PM -- Ms. Kate Watkins, Legislative Council Staff, came to the table to address questions regarding the fiscal note.
02:34 PM -- Ms. Tanya Kelly Bowry, representing the University of Colorado, came to the table to testify in support of the bill. She answered several committee questions.
The committee recessed.
The committee came back to order.
The bill was laid over for action only.