H_FIN_2023B 11/19/2023 02:10:15 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON FINANCE Date 11/19/2023 Attendance Evans X Frizell X Hamrick X Kipp X Marshall X Sharbini X Taggart X Titone X Weinberg X García X Snyder X Time 02:10:15 PM to 03:43:26 PM Place HCR 0112 This Meeting was called to order by Snyder This Report was prepared by Amanda King Hearing Items Action Taken hSB23B-003 Referred to the Committee of the Whole SB23B-003 - Referred to the Committee of the Whole 02:10:43 PM Representative Dickson and Representative Mabrey, co-prime bill sponsors, presented Senate Bill 23B-003. The bill directs that TABOR refunds that would otherwise be paid in FY 2023-24 via the six-tier sales tax refund mechanism be paid instead in equal amounts to qualifying taxpayers. 02:19:03 PM The bill sponsors responded to questions from the committee. 02:38:20 PM Committee discussion on Senate Bill 23B-003 ensued. 02:55:37 PM The committee recessed. 03:00:05 PM The committee resumed. 03:00:24 PM Committee discussion on Senate Bill 23B-003 resumed. 03:06:17 PM Greg Sobetski, Legislative Council Staff, responded to questions from the committee. 03:06:47 PM Caroline Nutter, representing the Colorado Fiscal Institute, testified in support of the bill. She responded to questions from the committee. 03:19:43 PM The bill sponsors made concluding remarks. Committee members commented on the bill. 03:42:53 PM Motion Refer Senate Bill 23B-003 to the Committee of the Whole. Moved Hamrick Seconded García Evans No Frizell No Hamrick Yes Kipp Yes Marshall Yes Sharbini Yes Taggart No Titone Yes Weinberg No García Yes Snyder Yes Final YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS 03:43:26 PM The committee adjourned.
