H_FIN_2019A 01/31/2019 09:53:12 AM Committee Summary

Representatives Landgraf and Beckman presented House Bill 19-1058 to the committee, along with a handout (Attachment A) and  amendments L.002, L.003, and L.004 (Attachments B, C, and D, respectively).  The bill creates a state income tax credit for employers who provide paid family leave.  It also creates a state income tax deduction for employees and employers who make contributions to a family leave savings account.

Greg Sobetski, representing Legislative Council Staff, responded to committee members' questions regarding the fiscal note.

Brendon Reese, Department of Revenue, responded to committee members' questions.

Ashley Panelli, representing 9 to 5 Colorado, testified in opposition to the bill.

Maddie Sample, representing 9 to 5 Colorado, testified in opposition to the bill.

Gena Ozols, representing NARAL, testified in opposition to the bill.

Kathy White, representing the Colorado Fiscal Institute, testified in opposition to the bill.

Salvador Hernandez, representing Mi Familia Vota, testified in opposition to the bill.

Hunter Riley, representing the Small Business Majority, testified in opposition to the bill.

Gloria Higgins, representing EPIC, testified in a neutral capacity.

Mizraim Cordero, representing the Denver Metro Chamber of Commerce, testified in support of the bill.

Loren Furman, representing the Colorado Chamber of Commerce, testified in support of the bill.

Rachel Beck, representing the Colorado Springs Chamber of Commerce, testified in support of the bill.

Representatives Beckman and Landgraf wrapped up their presentation on the bill.