CLICS/CLICS2018A/commsumm.nsf
PUBLIC
BILL SUMMARY For SB18-061
SENATE COMMITTEE ON FINANCE
Date Jan 30, 2018
Location SCR 357
SB18-061 - Referred to Senate Appropriations
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02:32:25 PM |
Senators Grantham and Sonnenberg, co-prime sponsors, presented Senate Bill 18-061, which reduces the state income tax rate from 4.63 percent to 4.43 percent for 2018 and all subsequent tax years.
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02:34:46 PM |
Senators Sonnenberg and Grantham responded to committee questions.
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02:54:12 PM |
Former Senator Edie Hudak, representing Colorado PTA, testified in opposition to the bill.
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02:54:45 PM |
Carol Hedges, representing the Colorado Fiscal Institute, testified in opposition to the bill.
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02:57:26 PM |
Scott Wasserman, representing the Bell Policy Center, testified in opposition to the bill. Mr. Wasserman distributed a chart depicting recent investment in Colorado state services [Attachment C].
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03:05:35 PM |
Ms. Hedges and Senator Hudak responded to committee questions.
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03:14:21 PM |
Mr. Wasserman responded to committee questions.
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03:17:10 PM |
Ms. Hedges responded to additional committee questions.
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03:20:22 PM |
Shari Shiffer-Krieger, representing Americans for Prosperity, testified in support of the bill.
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03:29:25 PM |
Tony Gagliardi, representing the National Federation of Independent Business, testified in support of the bill.
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03:31:54 PM |
Senators Grantham and Sonnenberg wrapped up their presentation of the bill.
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03:44:20 PM
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Motion |
Refer Senate Bill 18-061 to the Committee on Appropriations. |
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| Moved |
Smallwood |
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| Seconded |
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Court |
No |
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Jahn |
No |
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Tate |
Yes |
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Smallwood |
Yes |
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Neville T. |
Yes |
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Final |
YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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