Skip to main content
Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu

S_FIN_2023A 05/04/2023 08:57:50 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
SENATE COMMITTEE ON FINANCE
Date 05/04/2023
Attendance
Bridges X
Simpson X
Smallwood X
Sullivan X
Van Winkle *
Priola *
Mullica X
Time 08:57:50 PM to 01:18:57 AM
Place SCR 354
This Meeting was called to order by Mullica
This Report was prepared by Katie Ruedebusch
Hearing Items Action Taken
SB23-305 Postponed Indefinitely
HB23-1198 Referred to Senate Appropriations
HB23-1112 Amended, referred to Senate Appropriations
HB23-1189 Amended, referred to Senate Appropriations
HB23-1281 Referred to Senate Appropriations
HB23-1257 Amended, referred to Senate Appropriations
HB23-1020 Amended, referred to Senate Appropriations
HB23-1309 Referred to Senate Appropriations
HB23-1260 Referred to Senate Appropriations

SB23-305 - Postponed Indefinitely


08:58:07 PM  
Sen. B Pelton introduced
Senate Bill 23-305.  The bill creates a property tax task force to
consider causes of rising property taxes and potential solutions. The sponsor
requested the bill be postponed indefinitely.


08:59:40 PM
Motion Postpone Senate Bill 23-305 indefinitely.
Moved Smallwood
Seconded
Bridges Yes
Simpson Yes
Smallwood Yes
Sullivan Yes
Van Winkle Excused
Priola Excused
Mullica Yes
Final YES: 5   NO: 0   EXC: 2   ABS:  0   FINAL ACTION:  PASS



HB23-1112 - Committee Discussion Only




HB23-1198 - Referred to Senate Appropriations


09:00:20 PM  
Sen. Rich introduced
House Bill 23-1198. The bill establishes a teacher externship program in
the Department of Labor and Employment. Sen. Rich distributed a handout
to the committee (Attachment A)
.


09:02:49 PM
Motion Refer House Bill 23-1198 to the Committee on Appropriations.
Moved Priola
Seconded
Bridges Yes
Simpson Yes
Smallwood Yes
Sullivan Yes
Van Winkle No
Priola Yes
Mullica Yes
Final YES: 6   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB23-1112 - Amended, referred to Senate Appropriations

09:03:14 PM  
Sen. Hansen introduce House Bill 23-1112. The bill expands the state earned income tax credit and child tax credit. It decreases state revenue in FY 2023-24 and FY 2024-25 and increases expenditures in FY 2024-25.
09:04:43 PM  
Joshua Mantell, representing
The Bell Policy Center, testified in support of the bill. Ms. Caroline
Nutter, representing the Colorado Fiscal Institute, testified in support
of the bill.  Lex Loutzenhiser, representing Illuminate Colorado,
testified in support of the bill.
09:12:41 PM  
Written testimony
may be found in Attachment B.


09:16:51 PM
Motion Adopt amendment L.007 (Attachment C)
Moved Priola
Seconded
Bridges
Simpson
Smallwood
Sullivan
Van Winkle
Priola
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


09:17:47 PM
Motion Adopt amendment L.008 (Attachment D)
Moved Priola
Seconded
Bridges
Simpson
Smallwood
Sullivan
Van Winkle
Priola
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


09:18:52 PM
Motion Adopt amendment L.009 (Attachment E)
Moved Priola
Seconded
Bridges
Simpson
Smallwood
Sullivan
Van Winkle
Priola
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
09:19:04 PM  
Sen. Hansen gave some closing remarks.


09:19:43 PM
Motion Refer House Bill 23-1112, as amended, to the Committee on Appropriations.
Moved Priola
Seconded
Bridges Yes
Simpson Yes
Smallwood Excused
Sullivan Yes
Van Winkle No
Priola Yes
Mullica Yes
Final YES: 5   NO: 1   EXC: 1   ABS:  0   FINAL ACTION:  PASS



HB23-1189 - Amended, referred to Senate Appropriations


09:19:54 PM  
Sen. Zenzinger introduced
House Bill 23-1189. For tax year 2024 through tax year 2026, the bill creates
a state income tax credit for employers who make a contribution to an employee
for purchasing a primary residence.  Sen. Zenzinger answered several
committee questions.
09:20:45 PM  
Mr. Daniel Ryley, representing the Arvada Economic Development Association, testified in support of the bill. Mr. Richard Werner, representing the Economic Development Council of Colorado, testified in support of the bill. Ms. Lauren Cecil, representing the Colorado Association of REALTORS, testified in support of the bill.


09:34:54 PM
Motion Adopt amendment L.004 (Attachment F)
Moved Priola
Seconded
Bridges
Simpson
Smallwood Excused
Sullivan
Van Winkle
Priola
Mullica
YES: 0   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  Pass Without Objection
09:35:24 PM  
Sen. Zenzinger gave some closing remarks.


09:36:13 PM
Motion Refer House Bill 23-1189, as amended, to the Committee on Appropriations.
Moved Priola
Seconded
Bridges Yes
Simpson No
Smallwood Excused
Sullivan Yes
Van Winkle No
Priola Yes
Mullica Yes
Final YES: 4   NO: 2   EXC: 1   ABS:  0   FINAL ACTION:  PASS



HB23-1281 - Referred to Senate Appropriations


09:36:34 PM  
Sens. Cutter and Priola introduced House Bill 23-1281. The bill creates a state approval process for clean hydrogen projects and a refundable income tax credit for using clean hydrogen.
09:37:44 PM  
Valley Lopez, representing 350 Colorado, testified in opposition to the bill. Mr. Riley Smith, representing themself, testified in opposition to the bill. Sarah Qureshi, representing NextEra Energy Resources (on behalf of Apex Clean Energy), testified in opposition to the bill. Mr. JuanRoberto Madrid, representing GreenLatinos, testified in opposition to the bill.
09:53:01 PM  
Justin Brant, representing
the Southwest Energy Efficiency Project, testified in a neutral position
on the bill. Ms. Gwen Farnsworth, representing Western Resource Advocates,
testified in a neutral position on the bill. Alana Miller, representing
Natural Resources Defense Council (NRDC), testified in a neutral position
on the bill. Keith Hay, representing the Colorado Energy Office, testified
in support of the bill.
09:57:35 PM  
Committee discussion ensued with the witnesses.
10:13:42 PM  
The sponsors gave some closing remarks.


10:15:41 PM
Motion Refer House Bill 23-1281 to the Committee on Appropriations.
Moved Priola
Seconded
Bridges Excused
Simpson No
Smallwood Excused
Sullivan Yes
Van Winkle No
Priola Yes
Mullica Yes
Final YES: 3   NO: 2   EXC: 2   ABS:  0   FINAL ACTION:  PASS



HB23-1257 - Amended, referred to Senate Appropriations

10:15:54 PM  
Sens. Cutter and Priola introduced House Bill 23-1257. The bill creates multiple programs to address water quality in mobile home parks.
10:16:56 PM  
Mr. Bradley Simons, representing themself, testified in opposition to the bill. Tawny Peyton, representing the Rocky Mountain Home Association, testified in opposition to the bill. Mr. Robert Rosenfeld, representing themself, testified in opposition to the bill. Mr. Thomas Dea, representing Colorado Water Well PM + Multiple Mobile Home Park Owners, testified in opposition to the bill.
10:36:00 PM  
Rebecca Curry, representing Earthjustice, testified in support of the bill.
10:38:17 PM  
Victoria Silva, representing themself, testified in support of the bill. Commissioner Sonja Macys, representing Counties & Commissioners Acting Together (CCAT), testified in support of the bill. Mr. JuanRoberto Madrid, representing GreenLatinos, testified in support of the bill. Mr. Alan Munoz, representing Voces Unidas, testified in support of the bill.


10:52:03 PM
Motion Adopt amendment L.023 (Attachment G)
Moved Priola
Seconded
Bridges
Simpson
Smallwood
Sullivan
Van Winkle
Priola
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


10:52:39 PM
Motion Adopt amendment L.024 (Attachment H)
Moved Priola
Seconded
Bridges
Simpson
Smallwood
Sullivan
Van Winkle
Priola
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


10:55:27 PM
Motion Refer House Bill 23-1257, as amended, to the Committee on Appropriations.
Moved Priola
Seconded
Bridges Yes
Simpson Yes
Smallwood Yes
Sullivan Yes
Van Winkle No
Priola Yes
Mullica Yes
Final YES: 6   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB23-1020 - Amended, referred to Senate Appropriations

10:55:39 PM  
Sen. Fields introduced
House Bill 23-1020. The bill expands eligibility criteria for social equity
licensees, expands the categories of marijuana accelerator licenses for
which social equity licensees may apply, and requires additional incentives
for social equity licensees and accelerator-endorsed licensees. Sen. Fields
distributed a handout to the committee (Attachment I).
11:10:51 PM  
Committee discussion ensued with the sponsor.
11:17:38 PM  
Samantha Walsh, representing Color of Cannabis, Simply Pure and Black Brown and Redbadged, testified in support of the bill. Ms. Sarah Woodson, representing The Color of Cannabis, testified in support of the bill. Ms. Hermine Ngnomire, representing Health Equity Holdings, Inc, testified in support of the bill. Ms. Marpessa Allen, representing themself, testified in support of the bill.
11:31:40 PM  
Committee discussion ensued with the witnesses.
11:43:00 PM  
Kara Miller, representing the Marijuana Industry Group, testified in opposition to the bill. Ms. Henny Lasley, representing One Chance To Grow Up, testified in opposition to the bill. Dawn Reinfeld, representing Blue Rising, testified in opposition to the bill. Mr. David Michel, representing IgadI, Ltd., testified in opposition to the bill.
11:55:14 PM  
Mrs. Sheila Urquhart-Moura, representing themself, testified in support of the bill. Desiree Duran, representing themself, testified in support of the bill. Collins Thomas-Buckner, representing themself, testified in support of the bill. Mrs. Sophia Embry, representing themself, testified in support of the bill.
11:57:11 PM  
Mr. EK Breckenridge, representing HRH Prince E.K.Breckenridge Holistics LLC, testified in support of the bill.
11:59:26 PM  
Carrie Hackenberger, representing Native Roots, testified to amend the bill.
12:11:09 AM  
Mr. Michael Diaz-Rivera, representing themself, testified in support of the bill. Mrs. Melanie Rodgers, representing themself, testified in support of the bill. Mrs. Shanda LeCompte, representing themself, testified in support of the bill. Colin Connors, representing Elevation Delivery, testified in support of the bill. Sharron Pettiford, representing the Coalition of Black Trade Unionists, testified in support of the bill.
12:22:33 AM  
Ms. Casey Hilton, representing Department of Revenue - Marijuana Enforcement Division, was available to answer committee questions.
12:22:51 AM  
Senator Fields read testimony from the NAACP into the record.


12:32:03 AM
Motion Adopt amendment L.024 (Attachment J)
Moved Priola
Seconded
Bridges
Simpson
Smallwood
Sullivan
Van Winkle
Priola
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


12:32:26 AM
Motion Adopt amendment L.025 (Attachment K)
Moved Priola
Seconded
Bridges
Simpson
Smallwood
Sullivan
Van Winkle
Priola
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
12:32:46 AM  
Sen. Fields made some closing remarks.


12:40:33 AM
Motion Refer House Bill 23-1020, as amended, to the Committee on Appropriations.
Moved Priola
Seconded
Bridges Yes
Simpson No
Smallwood No
Sullivan Yes
Van Winkle No
Priola Yes
Mullica Yes
Final YES: 4   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB23-1309 - Referred to Senate Appropriations


12:40:54 AM  
Sen. Jaquez Lewis introduced House Bill 23-1309. Beginning in 2024, the bill ends the current performance-based incentive for film production in Colorado. It instead creates a state income tax credit for a film production company that employs a workforce for in-state production activity for income tax years 2024 through 2028.
12:44:03 AM  
Written testimony may be found in Attachment L.
12:44:19 AM  
Mr. Ken Seagren, representing Lighting Services Incorp, testified in support of the bill. Mr. Bryant Preston, representing IATSE International Alliance Of Theatrical Stage Employees Moving picture Technicians Artists and Allied Crafts, testified in support of the bill. Ms. Sheila Traister, representing themself, testified in support of the bill.
12:47:21 AM  
Mr. David Charmatz, representing themself, testified in support of the bill. Mr. Mitch Dickman, representing themself, testified in support of the bill. Mr. Patrick Hackett, representing themself, testified in support of the bill. Mr. Dane Peterson, representing themself, testified in support of the bill. Ms. Linda Weise, representing the Community Cultural Colllective, testified in support of the bill. Darcy Schoening, representing the Community Cultural Collective, testified in support of the bill.
01:04:43 AM  
Sen. Jaquez Lewis gave some closing remarks.


01:09:30 AM
Motion Refer House Bill 23-1309 to the Committee on Appropriations.
Moved Priola
Seconded
Bridges Yes
Simpson Yes
Smallwood No
Sullivan Yes
Van Winkle No
Priola Yes
Mullica Yes
Final YES: 5   NO: 2   EXC: 0   ABS:  0   FINAL ACTION:  PASS



HB23-1260 - Referred to Senate Appropriations


01:09:49 AM  
Sens. Baisley and Priola introduced House Bill 23-1260. The bill modifies existing tax credits, allows local governments to designate new areas (“CHIPS Zones”) where manufacturers may access certain enterprise zone tax credits, and creates a task force.
01:12:59 AM  
Mr. Jeff Kraft, representing the Office of Economic Development and International Trade, testified in support of the bill. Mrs. Elyse Blazevich, representing the Colorado BioScience Association, testified in support of the bill.


01:18:36 AM
Motion Refer House Bill 23-1260 to the Committee on Appropriations.
Moved Priola
Seconded
Bridges Yes
Simpson Yes
Smallwood Yes
Sullivan Excused
Van Winkle Excused
Priola Yes
Mullica Yes
Final YES: 5   NO: 0   EXC: 2   ABS:  0   FINAL ACTION:  PASS


01:18:57 AM   The committee adjourned.