16CC350EB89B718A872589630076F408 Hearing Summary CLICS/CLICS2023A/commsumm.nsf PUBLICBILL SUMMARY For HB23-1047HOUSE COMMITTEE ON FINANCEDate Feb 27, 2023 Location HCR 0112 HB23-1047 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2023A/commsumm.nsf/0/E191B979D2A1...$File/Attachment A HB1047_L.001.pdf?OpenElement Attachment A HB1047_L.001.pdf 02:39:21 PM Representatives Snyder and Wilson, co-prime sponsors, presented House Bill 23-1047. The bill increases the state income tax deduction amount for taxpayers filing jointly who make contributions to a CollegeInvest savings account. Amendment L.001 (Attachment A) was distributed. 02:42:40 PM The committee discussed the bill at length with the sponsors. 03:00:39 PM Ms. Fofi Mendez, representing the National Association of Insurance and Financial Advisors, testified in support of the bill. 03:12:27 PM Motion Adopt amendment L.001 (Attachment A). Moved Snyder Seconded Weinberg deGruy Kennedy Yes Daugherty Yes Frizell Yes Hartsook Yes Kipp No Lindstedt Yes Marshall Yes Taggart No Weinberg No Joseph Yes Snyder Yes YES: 8 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS 03:12:29 PM Jed Franklin, representing the Office of Legislative Legal Services, came to the table to respond to questions about the language of the bill. 03:12:35 PM The committee recessed. 03:13:32 PM The committee returned to order. 03:14:39 PM The sponsors provided closing remarks. 03:15:04 PM Members of the committee commented about their positions on the bill. 03:21:42 PM Motion Refer House Bill 23-1047, as amended, to the Committee on Appropriations. Moved Snyder Seconded Weinberg deGruy Kennedy No Daugherty No Frizell Yes Hartsook Yes Kipp No Lindstedt No Marshall No Taggart Yes Weinberg Yes Joseph Yes Snyder Yes Final YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS