F18239C7BF101BCD8725865D000333B8 Hearing Summary CLICS/CLICS2021A/commsumm.nsf PUBLICBILL SUMMARY For HB21-1002HOUSE COMMITTEE ON FINANCEDate Jan 13, 2021 Location HCR 0112 HB21-1002 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/15D9E3C4ED54...$File/210113 AttachA.pdf?OpenElement 210113 AttachA.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2021A/commsumm.nsf/0/77582CCD1ABE...$File/210113 AttachB.pdf?OpenElement 210113 AttachB.pdf 05:35:01 PM The committee recessed. 05:37:14 PM The committee returned to order. Representatives Weissman and Sirota, prime sponsors, presented House Bill 21-1004, concerning... Representative Weissman explained the effect of the bill and discussed its need. Representative Sirote provided additional input on the bill. Representative Weissman responded to questions regarding the interaction between HB 21-1004 and legislation from 2020, and the fiscal impact of the bill. 05:57:23 PM Greg Sobetski, Legislative Council Staff, addressed questions raised about the fiscal note for HB 21-1002, and provided context with respect to the bill and HB 20-1420. Mr. Sobetski responded to questions regarding the projected revenue for these two bills. 06:14:16 PM The following person testified regarding HB 21-1002: Josh Pens, representing the Department of Revenue, testified on the bill from a neutral position. He addressed questions raised during earlier discussion, and discussed a departmental rule change that impacts the bill. Mr. Sobetski returned to address questions about this rule. Representative Sirota provided input on the discussion. Mr. Sobetski responded to questions regarding the continuation of revenue raising by HB 20-1420 if HB 21-1002 were to pass. Discussion ensued regarding the overall tax impact HB 21-1002. 06:37:18 PM Representative Weissman explained the effect of amendments L.001 (Attachment A) and L.002 (Attachment B). 06:41:04 PM Motion Adopt amendment L.001 Moved Gray Seconded Kipp Benavidez Bradfield Daugherty Gonzales-Gutierrez Gray Kipp Luck Rich Sandridge Snyder Bird YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 06:41:06 PM Discussion continued regarding amendment L.002. 06:42:16 PM Motion Adopt amendment L.002 Moved Gray Seconded Kipp Benavidez Bradfield Daugherty Gonzales-Gutierrez Gray Kipp Luck Rich Sandridge Snyder Bird YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 06:42:17 PM The bill sponsors provided closing remarks in support of HB 21-1002. Various committee members provided their positions on the bill. 06:49:38 PM Motion Refer House Bill 21-1002, as amended, to the Committee on Appropriations. Moved Gray Seconded Kipp Benavidez No Bradfield No Daugherty Yes Gonzales-Gutierrez Yes Gray Yes Kipp Yes Luck Yes Rich Yes Sandridge No Snyder Yes Bird Yes Final YES: 8 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS