C56AD4E57A6A39D287258B0A00638257 Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For HB24-1436SENATE COMMITTEE ON FINANCEDate Apr 25, 2024 Location SCR 357 HB24-1436 - Referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/12494087C513...$File/Attachment E.pdf?OpenElement Attachment E.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/3EBE8DB94FC4...$File/Attachment F Merged.pdf?OpenElement Attachment F Merged.pdf 12:06:57 PM Senator Roberts and Simpson presented HB24-1436, which refers a ballot measure to voters at the November 2024 election. Conditional on voter approval, the bill allows the state to retain and spend all sports betting tax revenue rather than refunding the amount collected in excess of $29 million annually to taxpayers who paid the tax. 12:19:47 PM Jimmy Reed, Department of Revenue, responded to committee questions. 12:20:39 PM Mr. Brian Jackson, representing EDFACTION, testified in support of the bill. Mr. Tony Massaro, representing Business for Water Stewardship and Colorado Water Congress, testified in support of the bill. Geoff Withers, representing League of Women Voters Colorado, testified in support of the bill. Lauren Ris, representing Colorado Water Conservation Board, Department of Natural Resources, was available to answer committee questions. The panelists responded to committee questions. Additional written testimony is included as Attachment E. 12:39:56 PM Motion Refer House Bill 24-1436 to the Committee on Appropriations. Moved Simpson Seconded Buckner Yes Hansen Excused Simpson Yes Smallwood Yes Van Winkle Yes Kolker Yes Mullica Yes Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS
