H_FIN_2022A 03/07/2022 01:31:21 PM Committee Summary

The committee took a brief recess.

The committee returned to order. Representative A. Valdez provided closing comments and asked for a favorable recommendation. Members of the committee commented about their positions on the bill.

Minority Leader McKean, prime sponsor, presented House Bill 22-1062. The bill expands the existing sales and use tax exemption for food for domestic home consumption, to all sales of food beginning January 1, 2023. He responded to questions from the committee.

The committee continued to discuss the bill with Minority Leader McKean.

Committee questioning of Minority Leader McKean continued.

Nick Hoover, representing the Colorado Restaurant Association, testified in support of the bill.

Minority Leader McKean provided amendment L.002 (Attachment D). He responded to questions from the committee about the amendment.

Pierce Lively, representing the Office of Legislative Legal Services, joined the committee to respond to questions about the bill and the amendment.

The committee took a brief recess.

The committee returned to order. Representative Bird announced that the bill would be laid over for action at a later date.

Representatives Cutter and Sullivan, co-sponsors, presented House Bill 22-1001. The bill transfers $16.71 million from the General Fund to the Department of State Cash Fund in order to reduce business filing fees. The sponsors responded to questions from the committee.

Lindsey Vigoda, representing Small Business Majority, testified in support of the bill.

Christopher Beall, representing the Colorado Secretary of State's Office, testified in support of the bill. He responded to questions from the committee.

The sponsors provided closing comments and asked for a favorable recommendation. They distributed amendment L.004 (Attachment E) and explained the effect of the amendment.

The committee took a brief recess.

The committee returned to order. Representatives D. Valdez and Lynch, co-sponsors, presented House Bill 22-1007. The bill creates a wildfire mitigation grant program, extends the current law state income tax deduction for wildfire mitigation expenses, and creates a state income tax credit. They distributed amendment L.002 (Attachment F).

The sponsors responded to questions from the committee. Matt Bishop, representing Legislative Council Staff, joined the committee to respond to questions about the fiscal note.

Committee discussion with the sponsors and Mr. Bishop continued.

No witnesses testified on the bill. Representative Valdez explained the purpose of the amendment.

The sponsors wrapped up their presentation of the bill and asked for a favorable recommendation.

Members of the committee commented about their positions on the bill.