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CBE9DEB748899F1B8725824200631640 Hearing Summary




PUBLIC
BILL SUMMARY For HB18-1185

HOUSE COMMITTEE ON FINANCE
Date Feb 28, 2018      
Location LSB A



HB18-1185 - Amended, referred to House Appropriations


11:02:18 AM  
Representatives Kraft-Tharp and Wist, co-prime sponsors, presented House Bill 18-1185, which changes how multi-state corporate income taxpayers apportion income from the sales of services and intangible property to Colorado.
11:07:00 AM  
The bill sponsors distributed and explained amendment L.001 [Attachment B].
11:08:36 AM  
Mr. Philip Horwitz and Mr. Michael Hartman, both representing the Department of Revenue, responded to committee questions.
11:22:08 AM  
Ms. Stephanie Copeland, representing the Governor's Office of Economic Development and International Trade, testified in support of the bill.


11:24:10 AM
Motion Adopt amendment L.001 [Attachment B].
Moved Van Winkle
Seconded Gray
Beckman
Benavidez
Covarrubias
Gray
Herod
Kennedy
Lawrence
Michaelson Jenet
Sandridge
Thurlow
Van Winkle
Foote
Pabon
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
11:24:23 AM  
The bill sponsors made closing remarks on the bill.


11:26:26 AM
Motion Refer House Bill 18-1185, as amended, to the Committee on Appropriations.
Moved Gray
Seconded Michaelson Jenet
Beckman Excused
Benavidez Yes
Covarrubias Yes
Gray Yes
Herod Yes
Kennedy Yes
Lawrence Yes
Michaelson Jenet Yes
Sandridge Yes
Thurlow Yes
Van Winkle Yes
Foote Yes
Pabon Yes
Final YES: 12   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  PASS