H_FIN_2022A 03/24/2022 12:18:58 PM Committee Summary

Representative Mullica, prime sponsor, presented House Bill 22-1298. This bill requires the State Treasurer to transfer $11,720,278 from the General Fund to the Division of Professions and Occupations Cash Fund on July 1, 2022. The money transferred must be used to fund the costs of the State Board of Nursing to regulate nurses, nurse aides, and psychiatric technicians beginning with the FY 2022-23 fiscal year until fully expended. He responded to questions from the committee.

Clare Pramuk, representing Legislative Council Staff, joined the committee to respond to questions about the fiscal note.

Michael Nicoletti, representing the Department of Regulatory Agencies, testified in support of the bill and responded to questions from the committee.

Dr. Colleen Casper, representing the Colorado Nurses Association, testified in support of the bill.

Representative Mullica wrapped up his presentation of the bill and asked for a favorable recommendation. Members of the committee commented about their positions on the bill.

Representative Woog, prime sponsor, presented House Bill 22-1127. Beginning in tax year 2023, the bill creates a state income tax deduction up to $17,500 for rent paid on a rental residence in Colorado. Taxpayers filing an individual income tax return with taxable income
below $40,000 for single filers or $80,000 for joint filers qualify for the deduction. Tenants are required to attach a copy of their rental lease and certification from the landlord of the amount paid when filing their state income tax returns. The bill also requires the Department of Revenue to account for the number of taxpayers that claimed the deduction in a tax year and provide the information to the General Assembly or the Office of the State Auditor upon request.

Representative Woog responded to questions from the committee.

Louis Pino, representing Legislative Council Staff, joined the committee to respond to questions about the fiscal note.

Caroline Nutter, representing the Colorado Fiscal Institute, testified in opposition to the bill. She responded to questions from the committee.