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s_fin_2017a_2017-03-14t14:03:44z2 Hearing Summary

Date: 03/14/2017

Location: SCR 357

Final

BILL SUMMARY for HB17-1103



SENATE COMMITTEE ON FINANCE


Votes: View--> Action Taken:
Refer House Bill 17-1103 to the Committee of the W PASS







02:13 PM -- HB17-1103



Senators Moreno and Gardner, co-prime sponsors, presented House Bill 17-1103, which beginning July 1, 2017, creates a state sales and use tax exemption for a historic aircraft that is on loan to a museum for public display, whether for demonstration, educational, or museum promotional purposes. In order to qualify for the exemption, the historic aircraft may not be used for any other purpose while it is in the state. The museum to which a historic aircraft is on loan must be open to the public at least 20 hours per week. Historic aircraft includes any original, restored, or replica heavier-than-air aircraft that is at least 35 years old.



02:15 PM --
Bill Klaers, representing the National Museum of World War II Aviation, testified in support of the bill.



02:18 PM --
Kelly Sloan, representing the Colorado Aviation Business Association, testified in support of the bill.





02:20 PM



Senators Moreno and Gardner wrapped up their presentation of HB 17-1103.

BILL: HB17-1103
TIME: 02:20:26 PM
MOVED: Tate
MOTION: Refer House Bill 17-1103 to the Committee of the Whole. The motion passed on a vote of 4-1.
SECONDED:
VOTE
Court
No
Kerr
Yes
Tate
Yes
Hill
Yes
Neville T.
Yes
Final YES: 4 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS














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