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H_FIN_2019A 05/02/2019 10:38:52 AM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
HOUSE 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
SB19-237 Committee Discussion Only
SB19-257 Referred to the Committee of the Whole

SB19-237 - Committee Discussion Only
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.