H_FIN_2019A 04/11/2019 11:02:44 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON FINANCE Date 04/11/2019 Attendance Beckman * Benavidez X Bird * Bockenfeld X Gray * Rich X Sandridge X Snyder X Sullivan X Tipper X Herod X X = Present, E = Excused, A = Absent, * = Present after roll call Time 11:02:44 AM to 12:59:46 PM Place LSB A This Meeting was called to order by Representative Herod This Report was prepared by Vanessa Reilly Hearing Items Action Taken hHB19-1240 Amended, referred to House Appropriations hHB19-1296 Amended, referred to House Appropriations HB19-1240 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/0DAFEA21C150...$File/190411 AttachB.pdf?OpenElement 190411 AttachB.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/D0987D40B36C...$File/190411 AttachA.pdf?OpenElement 190411 AttachA.pdf 11:03:12 AM Representatives Van Winkle and Kraft-Tharp presented House Bill 19-1240 to the committee, along with amendments L.006 and L.008 (Attachments A and B). This bill codifies the Department of Revenue's rules that establish economic nexus for out-of-state retailers and in-state destination-based sourcing rules, as well as requiring marketplace facilitators to collect and remit sales taxes on behalf of their vendors. 11:19:48 AM Chris Howes, representing the Colorado Retail Council, testified in support of the bill. 11:20:02 AM Matthew Groves, representing the Colorado Auto Dealers Association, testified in support of the bill. 11:22:26 AM Ryan Woods, representing Xcel Energy and the Colorado Chamber of Commerce, testified in support of the bill. 11:24:07 AM Josh Pens, representing the Department of Revenue, responded to committee members' questions. 11:34:34 AM Motion Adopt amendment L.006 (Attachment A) Moved Gray Seconded Bird Beckman Excused Benavidez Bird Bockenfeld Gray Rich Sandridge Snyder Sullivan Tipper Herod YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection 11:35:21 AM Motion Adopt amendment L.008 (Attachment B) Moved Gray Seconded Tipper Beckman Excused Benavidez Bird Bockenfeld Gray Rich Sandridge Snyder Sullivan Tipper Herod YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection 11:35:31 AM Representatives Van Winkle and Kraft-Tharp wrapped up their presentation to the committee. 11:36:54 AM Motion Refer House Bill 19-1240, as amended, to the Committee on Appropriations. Moved Gray Seconded Tipper Beckman Yes Benavidez Excused Bird Yes Bockenfeld Yes Gray Yes Rich Yes Sandridge Yes Snyder Yes Sullivan Yes Tipper Yes Herod Yes Final YES: 10 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS HB19-1296 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/2002B6C1648A...$File/190411 AttachD.pdf?OpenElement 190411 AttachD.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/83B04594E0B6...$File/190411 AttachC.pdf?OpenElement 190411 AttachC.pdf 11:37:06 AM The committee took a brief recess. 11:39:52 AM The committee reconvened. 11:43:19 AM Representatives Jacquez Lewis and Jackson presented House Bill 19-1296 to the committee. The bill requires health insurers, pharmacy benefit management firms, and certain nonprofit organizations to report information related to prescription drug costs to the Department of Regulatory Agencies. 11:55:50 AM Dana Malick, representing the Pharmaceutical Research and Manufacturers of America, testified against the bill. 11:56:42 AM Kara Miller, representing National Bio, testified against the bill. 11:59:59 AM Emily Roberts, representing the Colorado BioScience Association, testified against the bill. 12:01:54 PM Jessica Morgan, representing the Colorado Association of Health Plans, testified against the bill. 12:05:09 PM Patrick Boyle, representing the Colorado Competitive Council, testified against the bill. 12:08:11 PM Gail DeVore, representing the Colorado Consumer Health Initiative, testified in support of the bill. 12:34:52 PM Dan Scales, representing Scales Pharmacy, testified in support of the bill. 12:38:50 PM Jennifer Roberts, representing the Colorado Cross-Disability Coalition, testified in support of the bill. 12:50:33 PM Representative Bird distributed amendment L.012 (Attachment C). 12:50:48 PM Representative Sandridge distributed amendment L.013 (Attachment D). 12:52:07 PM Motion Adopt amendment L.012 (Attachment C) Moved Bird Seconded Snyder Beckman Benavidez Bird Bockenfeld Gray Rich Sandridge Snyder Sullivan Tipper Herod YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 12:56:20 PM Christy Chase, representing the Office of Legislative Legal Services, responded to committee members' questions. 12:57:27 PM Motion Adopt amendment L.013 (Attachment D) Moved Sandridge Seconded Rich Beckman Yes Benavidez No Bird No Bockenfeld Yes Gray No Rich Yes Sandridge Yes Snyder No Sullivan No Tipper No Herod No YES: 4 NO: 7 EXC: 0 ABS: 0 FINAL ACTION: FAIL 12:59:16 PM Motion Refer House Bill 19-1296, as amended, to the Committee on Appropriations. Moved Tipper Seconded Bird Beckman No Benavidez Yes Bird Yes Bockenfeld No Gray Yes Rich No Sandridge No Snyder Yes Sullivan Yes Tipper Yes Herod Yes Final YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS 12:59:46 PM The committee adjourned.