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D80B3A1A0DD37F5587258AD2005D9622 Hearing Summary




PUBLIC
BILL SUMMARY For SB24-102

SENATE COMMITTEE ON FINANCE
Date Feb 29, 2024      
Location SCR 357



SB24-102 - Postponed Indefinitely
10:02:16 AM  
Senator Sullivan,
prime sponsor, presented Senate Bill 24-102, which reduces taxation of
premium cigars to 40 percent of the manufacturer’s list price.
10:04:21 AM  
Josh Pens, representing the Colorado Department of Revenue, responded to committee questions.
10:23:44 AM  
Mr. Jimmy Hargrove, representing themself, testified in support of the bill.
10:38:56 AM  
Eric Heydorn, representing American heart association, testified in opposition to the bill.
10:40:47 AM  
Mr. Nick Torres, representing American Lung Association, testified in opposition to the bill.
10:45:30 AM  
Mr. RJ Ours, representing American Cancer Society Cancer Action Network, testified in opposition to the bill.
10:48:07 AM  
Mr. Glynn Loope, representing Premium Cigar Association, testified in support of the bill.
10:51:20 AM  
Mr. Torres responded to committee questions.


11:02:35 AM
 Motion Adopt amendment L.001 (Attachment A).
Moved Smallwood
Seconded
Buckner
Hansen
Simpson
Smallwood
Van Winkle
Kolker
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
11:06:55 AM  
Senator Sullivan provided closing comments on the bill.


11:11:15 AM
 Motion Refer Senate Bill 24-102, as amended, to the Committee on Appropriations.
Moved Kolker
Seconded
Buckner No
Hansen No
Simpson Yes
Smallwood Yes
Van Winkle Yes
Kolker No
Mullica No
YES: 3   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  FAIL


11:11:31 AM
 Motion Postpone Senate Bill 24-102 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely.
Moved Kolker
Seconded
Buckner Yes
Hansen Yes
Simpson No
Smallwood No
Van Winkle No
Kolker Yes
Mullica Yes
Final YES: 4   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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