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h_fin_2018a_2018-02-07t11:26:43z1 Hearing Summary




PUBLIC
BILL SUMMARY For HB18-1062

HOUSE COMMITTEE ON FINANCE
Date Feb 7, 2018      
Location LSB A



HB18-1062 - Postponed Indefinitely


11:37:38 AM  
Representative Lebsock, prime sponsor, presented House Bill 18-1062, which reduces the special sales tax rate on retail marijuana and eliminates the exemption on retail marijuana from the state's 2.9 percent sales tax.
11:39:55 AM  
Representative Lebsock distributed a fiscal
note memorandum and amendment L.001  [Attachment B].  Amendment
L.001 changes the distribution of the special sales tax revenue to keep
revenue to local governments, the State Public School Fund, and the Marijuana
Tax Cash Fund at current law levels.
11:49:13 AM  
Representative Lebsock responded to committee questions.


11:53:41 AM
Motion Adopt amendment L.001 [Attachment B].
Moved Pabon
Seconded Van Winkle
Beckman
Benavidez
Covarrubias
Gray
Herod
Kennedy
Lawrence
Michaelson Jenet
Sandridge
Thurlow
Van Winkle
Foote
Pabon
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
11:53:44 AM  
Representative Lebsock made some closing remarks on the bill. Members of the committee also commented on the merits of the bill.


12:03:10 PM
Motion Refer House Bill 18-1062, as amended, to the Committee on Appropriations.
Moved Benavidez
Seconded Pabon
Beckman No
Benavidez No
Covarrubias No
Gray No
Herod No
Kennedy No
Lawrence No
Michaelson Jenet No
Sandridge No
Thurlow No
Van Winkle No
Foote No
Pabon No
YES: 0   NO: 13   EXC: 0   ABS:  0   FINAL ACTION:  FAIL


12:03:33 PM
Motion Postpone House Bill 18-1062 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely.
Moved Kennedy
Seconded Thurlow
Beckman Yes
Benavidez Yes
Covarrubias Yes
Gray Yes
Herod Yes
Kennedy Yes
Lawrence Yes
Michaelson Jenet Yes
Sandridge Yes
Thurlow Yes
Van Winkle Yes
Foote Yes
Pabon Yes
Final YES: 13   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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