Skip to main content
Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu

h_fin_2017a_2017-05-04t16:13:27z1 Hearing Summary

Date: 05/04/2017

Location: LSB A

Final

BILL SUMMARY for SB17-299



HOUSE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Refer Senate Bill 17-299 to the Committee on Appro PASS







04:19 PM -- SB17-299



Representatives Van Winkle and Kraft-Tharp, co-prime sponsors, presented Senate Bill 17-299, which allows a taxpayer that invests in an enterprise data center in Colorado to use a beneficial apportionment factor when allocating federal taxable income to Colorado. The bill sponsors addressed committee questions.



04:30 PM --
Ms. Stephanie Copeland, representing the Governor's Office of Economic Development and International Trade (OEDIT), testified in support of the bill.



04:32 PM --
Mr. Jeff Kraft, representing OEDIT, testified in support of the bill. Ms. Copeland and Mr. Kraft responded to committee questions.





04:40 PM



Mr. Phil Horowitz and Mr. John Vechiarelli, both representing the Department of Revenue (DOR), came to the table to answer committee questions.





04:55 PM



The OEDIT and DOR representatives continued to answer questions from the committee.



04:55 PM --
Ms. Adama Iwn, representing VISA, testified in support of the bill.



04:57 PM --
Mr. Carl Anderson, representing VISA, responded to questions from the committee.





05:04 PM



The bill sponsors made closing remarks on the bill.

BILL: SB17-299
TIME: 05:04:41 PM
MOVED: Van Winkle
MOTION: Refer Senate Bill 17-299 to the Committee on Appropriations. The motion passed on a vote of 12-0.
SECONDED: Gray
VOTE
Beckman
Yes
Benavidez
Yes
Catlin
Yes
Covarrubias
Yes
Gray
Yes
Herod
Yes
Kennedy
Yes
Lawrence
Yes
Michaelson Jenet
Yes
Thurlow
Yes
Van Winkle
Yes
Foote
Excused
Pabon
Yes
Final YES: 12 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS














COVID-19 Resources
2021 Ballot Information Booklet (Blue Book)
NORTH ENTRANCE IS CURRENTLY CLOSED.  TO ENTER THE CAPITOL, USE THE SOUTH ENTRANCE, UNDER THE STAIRS, AT 14th AVENUE AND SHERMAN STREET.