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h_fin_2018a_2018-02-26t13:33:53z0 Hearing Summary




PUBLIC
BILL SUMMARY For HB18-1195

HOUSE COMMITTEE ON FINANCE
Date Feb 26, 2018      
Location LSB A



HB18-1195 - Amended, referred to House Appropriations


01:34:42 PM  

Representative Pabon, prime sponsor, presented House Bill 18-1195, which creates a state income tax credit for donations made to eligible nonprofit residential real estate developers that build qualified affordable housing units in Colorado.

01:36:37 PM  
Representative Pabon responded to committee questions. Committee members received amendments L.001 and L.002 [Attachments A and B, respectively].
01:49:58 PM  

Representative Pabon continued to address committee questions.

01:57:37 PM  
Ms. Heather Lafferty, representing Habitat for Humanity, testified in support of the bill.
02:01:28 PM  

Ms. Anne Padilla Parras, representing herself, testified in support of the bill. Ms. Padilla Parras responded to a question from the committee.

02:05:45 PM  

Ms. Virginia Morrison Love, representing the Colorado Association of Homebuilders, testified in support of the bill. She responded to questions to the committee.

02:09:12 PM  
Ms. Lafferty returned to the table to answer additional committee questions.
02:25:26 PM  

Mr. Jason Hopfer, representing the Colorado Association of Realtors and the Colorado Rural Schools Alliance, testified in support of the bill.

02:27:15 PM  
Mr. Aaron Miripol, representing Urban Land Conservancy, testified in support of the bill. He also responded to committee questions.
02:36:45 PM  
Mr. Reed McCulloch, representing the Chaffee Housing Trust, testified in support of the bill.
02:41:22 PM  

Mr. Harlan Bair, representing himself, testified in opposition to the bill.  He responded to questions from the committee.

02:49:34 PM  
Mr. Brendon Reese, representing the Department of Revenue, responded to questions from the committee.
02:59:11 PM  
Ms. Jerilyn Martinez, representing the Colorado Housing and Finance Authority, responded to questions from the committee.
03:05:34 PM  

Representative Pabon explained amendment L.001.  He also responded to committee questions.



03:09:32 PM
Motion Adopt amendment L.002 [Attachment B].
Moved Pabon
Seconded Gray
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


03:10:18 PM
Motion Adopt amendment L.001 [Attachment A].
Moved Pabon
Seconded Gray
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
03:10:45 PM  
Representative Pabon made closing remarks on the bill. Members of the committee commented on the merits of the bill.


03:20:40 PM
Motion Refer House Bill 18-1195, as amended, to the Committee on Appropriations.
Moved Pabon
Seconded Gray
Beckman No
Benavidez Yes
Covarrubias No
Gray Yes
Herod Yes
Kennedy Yes
Lawrence No
Michaelson Jenet Yes
Sandridge No
Thurlow Yes
Van Winkle No
Foote Yes
Pabon Yes
Final YES: 8   NO: 5   EXC: 0   ABS:  0   FINAL ACTION:  PASS