H_FIN_2019A 05/02/2019 10:38:52 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON FINANCE Date 05/02/2019 Attendance Beckman X Benavidez X Bird * Bockenfeld X Gray * Rich * Sandridge X Snyder * Sullivan X Tipper X Herod X X = Present, E = Excused, A = Absent, * = Present after roll call Time 10:38:52 AM to 11:55:32 AM Place HCR 0112 This Meeting was called to order by Representative Herod This Report was prepared by Vanessa Reilly Hearing Items Action Taken hSB19-237 Committee Discussion Only hSB19-257 Referred to the Committee of the Whole SB19-237 - Committee Discussion Only Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/66BF45DF317B...$File/190502 AttachA.pdf?OpenElement 190502 AttachA.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2019A/commsumm.nsf/0/743C05729D9C...$File/190502 AttachB.pdf?OpenElement 190502 AttachB.pdf 10:39:02 AM Representative Roberts presented Senate Bill 19-237 to the committee, along with two handouts (Attachments A and B). This bill clarifies damage amounts that may be awarded in cases filed under the Colorado Consumer Protection Act. 10:40:56 AM Jen Waller, representing Colorado Bankers Association, testified against the bill. 10:49:08 AM Cedric Logan, representing Colorado Civil Justice League, testified against the bill. 10:50:14 AM Steven Woodrow, representing himself, testified in support of the bill. 10:53:28 AM Valerie Schlect, representing Colorado Cross-Disability Coalition, testified in support of the bill. 11:35:29 AM The bill was laid over. SB19-257 - Referred to the Committee of the Whole 11:38:42 AM Representatives Cutter and Buentello presented Senate Bill 19-257 to the committee. This bill modifies the state income tax deduction for 529 account contributions to exclude contributions intended to be used for K-12 education purposes. 11:41:19 AM Angela Baeir, representing College Invest, and Amber Egbert, representing the Department of Revenue, responded to committee members' questions. 11:52:57 AM Representatives Cutter and Buentello wrapped up their presentation to the committee. 11:55:19 AM Motion Refer Senate Bill 19-257 to the Committee of the Whole. Moved Gray Seconded Tipper 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 11:55:32 AM The committee adjourned.