H_FIN_2023A 02/27/2023 01:30:05 PM Committee Summary

Representatives Bird and Weinberg, co-prime sponsors, presented House Bill 23-1189. Starting for tax year 2023 through tax year 2029, the bill creates a state income tax credit for employers who make a contribution to an employee for purchasing a primary residence. The sponsors responded to questions from the committee.

The committee continued to discuss the bill with the sponsors.

Elizabeth Ramey, representing Legislative Council Staff, came to the table to respond to questions about the fiscal note.

Alison Morgan, representing the Colorado Bankers Association, testified in support of the bill.

Charles Allison-Godfrey, representing Elevation Community Land Trust, testified in support of the bill.

The witnesses responded to questions from the committee.

Meghan Dollar, representing the Colorado Chamber of Commerce, testified in support of the bill.

Daniel Ryley, representing himself, testified in support of the bill.

Rich Werner, representing the Northern Colorado Legislative Alliance, testified in support of the bill.

The witnesses responded to questions from the committee.

Representatives Snyder and Wilson, co-prime sponsors, presented House Bill 23-1047. The bill increases the state income tax deduction amount for taxpayers filing jointly who make contributions to a CollegeInvest savings account. Amendment L.001 (Attachment A) was distributed.

The committee discussed the bill at length with the sponsors.

Jed Franklin, representing the Office of Legislative Legal Services, came to the table to respond to questions about the language of the bill.

The committee recessed.

The committee returned to order.

The sponsors provided closing remarks.

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

Representatives Daugherty and Taggart, co-prime sponsors, presented House Bill 23-1061. The bill expands the art gallery alcohol permit to include retail establishments that meet certain criteria.

Joseph Hengstler, representing the Old Town Arvada Business Improvement District, testified in support of the bill.

Amendments L.004 (Attachment B) and L.005 (Attachment C) were distributed to the committee.