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H_FIN_2019A 04/11/2019 11:02:44 AM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
HOUSE 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
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
HB19-1240 Amended, referred to House Appropriations
HB19-1296 Amended, referred to House Appropriations

X = Present, E = Excused, A = Absent, * = Present after roll call

HB19-1240 - Amended, referred to House Appropriations


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


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.