H_FIN_2023A 02/23/2023 10:06:03 AM Committee Summary

Travis Smith, representing Colorado Water Congress, testified in support of the bill. He responded to questions from the committee.

Minority Leader Lynch made concluding remarks about the bill. Committee members commented on the bill.

Representative English,
prime bill sponsor, presented House Bill 23-1144, concerning Public Employees'
Retirement Association (PERA) defined benefit plan payments to an ex-spouse
upon remarriage.  The bill changes how PERA Defined Benefit plan benefits
are divided between a member and their ex-spouse.  





Representative English provided an informational packet to the committee
members (Attachment B).  She responded to questions from the committee
and discussed amendment L.001 (Attachment C).

Dennis Jahn, representing himself, testified in support of the bill.

Ron Baker, representing Colorado PERA, responded to committee questions.

Representative English discussed amendment L.001. She responded to questions from the committee.

Representative Weinberg,
prime bill sponsor, presented House Bill 23-1128, concerning certain income
tax credits and deductions for married taxpayers.  The bill changes
certain income tax credits and deductions for married taxpayers who file
a joint return.  Specifically, the bill:



- raises the qualifying maximum income threshold for the child care expense
tax credit from $60,000 to $120,000;

- raises the qualifying maximum income threshold for the low-income child
care expense tax credit from $25,000 to $50,000; and

- increases the
maximum amount of the wildfire mitigation measures tax deduction from $2,500
to $5,000.



Representative Weinberg provided a handout to the committee (Attachment
D).  He responded to questions from the committee.

Caroline Nutter, representing the Colorado Fiscal Institute, testified in opposition to the bill.

Ben Murrey, representing the Independence Institute, testified in a neutral position on the bill.

The panelists responded to questions from the committee.