S_FIN_2024A 05/03/2024 06:48:58 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGSENATE COMMITTEE ON FINANCE Date 05/03/2024 Attendance Bridges * Coleman * Pelton R. X Simpson X Smallwood E Hansen X Mullica X Time 06:48:58 PM to 09:47:20 PM Place SCR 352 This Meeting was called to order by Mullica This Report was prepared by Matthew Becker Hearing Items Action Taken hHB24-1312 Referred to Senate Appropriations hHB24-1439 Amended, referred to Senate Appropriations hHB24-1004 Referred to Senate Appropriations hHB24-1311 Amended, referred to Senate Appropriations hHB24-1134 Referred to Senate Appropriations hHB24-1240 Referred to Senate Appropriations hHB24-1316 Referred to Senate Appropriations hHB24-1325 Referred to Senate Appropriations hHB24-1335 Amended, referred to Senate Appropriations hHB24-1001 Referred to Senate Appropriations hHB24-1369 Referred to Senate Appropriations hHB24-1095 Referred to Senate Appropriations hHB24-1379 Amended, referred to Senate Appropriations hHB24-1434 Referred to Senate Appropriations hHB24-1153 Referred to Senate Appropriations HB24-1312 - Referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/95885523A9E4...$File/Attachment A.pdf?OpenElement Attachment A.pdf 06:49:11 PM Senator Rodriguez presented HB24-1312, which creates an income tax credit for tax years 2025 through 2028 for workers in the care workforce. 06:49:19 PM Heather Tritten, representing Colorado Children's Campaign, testified in support of the bill. Juana Cortez, representing themself, testified in support of the bill. Ms. Alma Enriquez, representing themself, testified in support of the bill. Dr. Michael Neil, representing themself, testified in support of the bill. Written testimony for the bill is included as Attachment A. 07:05:45 PM Motion Refer House Bill 24-1312 to the Committee on Appropriations. Moved Hansen Seconded Bridges Yes Coleman Excused Pelton R. No Simpson Yes Smallwood Excused Hansen Yes Mullica Yes Final YES: 4 NO: 1 EXC: 2 ABS: 0 FINAL ACTION: PASS HB24-1439 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/6E9DFB99BDE5...$File/Attachment B.pdf?OpenElement Attachment B.pdf 07:05:59 PM Senater Coleman presented HB24-1439, which reates a state income tax credit, repeals another, and creates two grant programs in the Department of Labor and Employment to support apprenticeships. Sarah Swanson, representing Colorado Succeeds, testified in support of the bill. Katherine Keegan, representing Colorado Department of Labor and Employment, testified in support of the bill. Meghan Dollar, representing Colorado Chamber of Commerce, testified in support of the bill. Mr. Tony Gagliardi, representing National Federation of Independent Business, testified in support of the bill. Kathryn Harris, representing ActivateWork, testified in support of the bill. 07:21:56 PM Motion Adopt amendment L.006 (Attachment B). Moved Coleman Seconded Bridges Coleman Pelton R. Simpson Smallwood Excused Hansen Mullica YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection 07:22:52 PM Motion Refer House Bill 24-1439, as amended, to the Committee on Appropriations. Moved Coleman Seconded Bridges Yes Coleman Yes Pelton R. Yes Simpson Yes Smallwood Excused Hansen Yes Mullica Yes Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS HB24-1004 - Referred to Senate Appropriations 07:23:02 PM Senator Coleman presented HB24-1004, which establishes a uniform process for the consideration of criminal records in occupational licensure applications 07:23:10 PM Jenny Catchings, representing Justice Action Network, was available to answer committee questions. 07:26:45 PM Motion Refer House Bill 24-1004 to the Committee on Appropriations. Moved Coleman Seconded Bridges Yes Coleman Yes Pelton R. No Simpson Yes Smallwood Excused Hansen Yes Mullica Yes Final YES: 5 NO: 1 EXC: 1 ABS: 0 FINAL ACTION: PASS HB24-1311 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/1DB70C99DCC8...$File/Attachment C Merged.pdf?OpenElement Attachment C Merged.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/7E9C83ED05CB...$File/Attachment D.pdf?OpenElement Attachment D.pdf 07:26:56 PM Senators Coleman and Winter presented HB24-1311, which creates an income tax credit for Coloradoans with children ages 16 and under. 07:28:37 PM Ms. Reilly Pharo Carter, representing Gary Advocacy, testified in support of the bill. Natalie Menten, representing themself, testified in opposition to the bill. Caroline Nutter, representing Colorado Fiscal Institute, testified in support of the bill. Dr. Kathleen Van Voorhis, representing Community Investment Alliance, testified in support of the bill. Written testimony for the bill is included as Attachment C. 07:42:13 PM Motion Adopt amendment L.014 (Attachment D). Moved Coleman Seconded Bridges Coleman Pelton R. Simpson Smallwood Excused Hansen Mullica YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection 07:44:02 PM Motion Refer House Bill 24-1311, as amended, to the Committee on Appropriations. Moved Coleman Seconded Bridges Yes Coleman Yes Pelton R. No Simpson No Smallwood Excused Hansen Yes Mullica Yes Final YES: 4 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS HB24-1134 - Referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/078597B96A2B...$File/Attachment E Merged.pdf?OpenElement Attachment E Merged.pdf 07:44:12 PM Senator Hinrichsen presented HB24-1134, which expands the state earned income tax credit, expands and modifies the state child care expenses tax credit, and modifies requirements for corporations filing a combined tax return. 07:44:21 PM Natalie Menten, representing themself, testified on the bill. Caroline Nutter, representing Colorado Fiscal Institute, testified in support of the bill. Written testimony for the bill is included as Attachment E. 07:51:54 PM Motion Refer House Bill 24-1134 to the Committee on Appropriations. Moved Hansen Seconded Bridges Yes Coleman Yes Pelton R. No Simpson No Smallwood Excused Hansen Yes Mullica Yes Final YES: 4 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS HB24-1240 - Referred to Senate Appropriations 07:52:04 PM Senators Rich and Exum presnted HB24-1240, which creates an income tax subtraction for Segal AmeriCorps Education Awards for tax years 2026 through 2033. 07:52:54 PM Jimmy Reed, representing Colorado Department of Revenue, testified in support of the bill. 07:57:47 PM Motion Refer House Bill 24-1240 to the Committee on Appropriations. Moved Hansen Seconded Bridges Yes Coleman Yes Pelton R. Yes Simpson Yes Smallwood Excused Hansen Yes Mullica Yes Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS HB24-1316 - Referred to Senate Appropriations 07:57:58 PM Senator Bridges presented HB24-1316, which creates a pilot program for an income tax credit, allocated by the Colorado Housing Finance Authority (CHFA), for housing developments focused on rental housing for middle-income households. 08:03:44 PM Ms. Jerilynn Francis, representing Colorado Housing and Finance Authority (CHFA), testified in support of the bill. 08:07:59 PM Motion Refer House Bill 24-1316 to the Committee on Appropriations. Moved Bridges Seconded Bridges Yes Coleman Yes Pelton R. Yes Simpson Yes Smallwood Excused Hansen Yes Mullica Yes Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS HB24-1325 - Referred to Senate Appropriations 08:08:11 PM Senator Bridges and Baisley presented HB24-1325, which creates two income tax credits to support the quantum industry. 08:08:21 PM Mr. Xander Martin, representing OEDIT, testified in support of the bill. Mr. Corban Tilleman-Dick, representing Maybell Quantum Industries, CEO, testified in support of the bill. Mr. Jonathan Singer, representing Northwest Chamber Alliance, testified in support of the bill. Mr. Scott Sternberg, representing CU Boulder, testified in support of the bill. 08:27:56 PM Motion Refer House Bill 24-1325 to the Committee on Appropriations. Moved Bridges Seconded Bridges Yes Coleman Yes Pelton R. Yes Simpson Yes Smallwood Excused Hansen Yes Mullica Yes Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS HB24-1335 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/AADB8622FA80...$File/Attachment F.pdf?OpenElement Attachment F.pdf 08:28:07 PM Senator Roberts presented HB24-1335, which continues the regulation of the Mortuary Science Code in the Department of Regulatory Agencies, which is scheduled to repeal on July 1, 2024. 08:30:22 PM Motion Adopt amendment L.012 (Attachment F). Moved Hansen Seconded Bridges Coleman Pelton R. Simpson Smallwood Excused Hansen Mullica YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection 08:31:07 PM Motion Refer House Bill 24-1335, as amended, to the Committee on Appropriations. Moved Hansen Seconded Bridges Excused Coleman Yes Pelton R. Yes Simpson Excused Smallwood Excused Hansen Yes Mullica Yes Final YES: 4 NO: 0 EXC: 3 ABS: 0 FINAL ACTION: PASS HB24-1001 - Referred to Senate Appropriations 08:31:24 PM Senator Roberts and Simpson preesented HB24-1001, which extends the income tax credits and grants available to businesses and their employees that participate in the Colorado Rural Jump-Start Zone Programs. 08:31:37 PM RIchard Orf, representing Associated Governments of Northwest Colorado, testified in support of the bill. Wendy Stewart Martinez, representing Office of Economic Development and International Trade, testified in support of the bill. 08:39:01 PM Motion Refer House Bill 24-1001 to the Committee on Appropriations. Moved Simpson Seconded Bridges Yes Coleman Yes Pelton R. Yes Simpson Yes Smallwood Excused Hansen Yes Mullica Yes Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS HB24-1369 - Referred to Senate Appropriations 08:39:12 PM Senator Pelton B. presented HB24-1369, which creates the Colorado Agriculture license plate. 08:43:25 PM Motion Refer House Bill 24-1369 to the Committee on Appropriations. Moved Hansen Seconded Bridges Excused Coleman Yes Pelton R. Yes Simpson Excused Smallwood Excused Hansen Yes Mullica Yes Final YES: 4 NO: 0 EXC: 3 ABS: 0 FINAL ACTION: PASS HB24-1095 - Referred to Senate Appropriations 08:43:53 PM Senator Sullivan presented HB24-1095, which increases the remedies and penalties for violations of child labor laws. 08:46:43 PM Motion Refer House Bill 24-1095 to the Committee on Appropriations. Moved Hansen Seconded Bridges Excused Coleman Yes Pelton R. No Simpson Excused Smallwood Excused Hansen Yes Mullica Yes Final YES: 3 NO: 1 EXC: 3 ABS: 0 FINAL ACTION: PASS HB24-1379 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/3C5BF071ECFE...$File/Attachment G Merged.pdf?OpenElement Attachment G Merged.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/93556DA60FB1...$File/Attachment H.pdf?OpenElement Attachment H.pdf 08:47:54 PM Senators Roberts and Kirkmeyer presented HB24-1379, which creates a dredge and fill permitting program in the Colorado Department of Public Health and Environment. 08:49:28 PM Trisha Oeth, representing Colorado Department of Public Health and Environment, testified in support of the bill. John Kolanz, representing Colorado Association of Home Builders, testified to amend the bill. Mr. Gabe Racz, representing Colorado Water Congress, testified on the bill. Mr. Adam DeVoe, representing Legacy Water, testified in support of the bill. 09:06:45 PM Mr. Stu Gillespie, representing EarthJustice, testified in support of the bill. Mr. Josh Kuhn, representing Conservation Colorado, testified in support of the bill. Kathy Chandler-Henry, representing Northwest Colorado Council of Governments Water Quality and Quantity Committee, testified in support of the bill. Mr. Jim Sanderson, representing Colorado Mining Association, testified in support of the bill. Written testimony for the bill is included as Attachment G. 09:23:25 PM Motion Adopt amendment L.092 (Attachment H). Moved Hansen Seconded Bridges Coleman Pelton R. Simpson Smallwood Excused Hansen Mullica YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection 09:29:24 PM Motion Refer House Bill 24-1379, as amended, to the Committee on Appropriations. Moved Simpson Seconded Bridges Yes Coleman Yes Pelton R. Yes Simpson Yes Smallwood Excused Hansen Yes Mullica Yes Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS HB24-1434 - Referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/8D4323B2E7A0...$File/Attachment I Merged.pdf?OpenElement Attachment I Merged.pdf 09:29:38 PM Senators Zenzinger and Simpson presented HB24-1434, which increases the amount of affordable housing tax credits issued by the Colorado Housing and Finance Authority and creates a new state income tax credit for taxpayers that invest in qualified low-income housing projects located in a transit-oriented community. 09:29:58 PM Ms. Jerilynn Francis, representing Colorado Housing and Finance Authority (CHFA), testified in support of the bill. Kinsey Hasstedt, representing Enterprise Community Partners, testified in support of the bill. Amy Case-Miranda, representing National Association of Housing & Redevelopment Officials - Colorado Chapter, testified in support of the bill. Written testimony for the bill is included as Attachment I. 09:43:22 PM Motion Refer House Bill 24-1434 to the Committee on Appropriations. Moved Simpson Seconded Bridges Yes Coleman Yes Pelton R. Yes Simpson Yes Smallwood Excused Hansen Yes Mullica Yes Final YES: 6 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS HB24-1153 - Referred to Senate Appropriations 09:43:35 PM Senators Jaquez Lewis and Cutter presented HB24-1153, which establishes continuing medical education requirements for physician license renewal, reinstatement, or reactivation. 09:47:08 PM Motion Refer House Bill 24-1153 to the Committee on Appropriations. Moved Hansen Seconded Bridges Yes Coleman Yes Pelton R. No Simpson Yes Smallwood Excused Hansen Yes Mullica Yes Final YES: 5 NO: 1 EXC: 1 ABS: 0 FINAL ACTION: PASS 09:47:20 PM The committee adjourned.
