H_FIN_2023A 02/09/2023 09:51:29 AM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
HOUSE COMMITTEE ON FINANCE

Date

02/09/2023

Attendance
deGruy Kennedy	*
Daugherty	X
Frizell	X
Hartsook	*
Kipp	X
Lindstedt	X
Marshall	*
Taggart	*
Weinberg	E
Joseph	X
Snyder	X

Time

09:51:29 AM to 10:04:46 AM

Place

HCR 0112

This Meeting was called to order by

Snyder

This Report was prepared by

Jessika Shipley

Hearing Items	Action Taken
hHB23-1111	Referred to the Committee of the Whole
hHB23-1121	Referred to the Committee of the Whole

HB23-1111 - Referred to the Committee of the Whole

09:52:59 AM

Representative Bird, prime sponsor, presented House Bill 23-1111. The bill increases the unauthorized insurance premium tax rate from 2.25 percent to 3.0 percent. She responded to questions from the committee.

09:59:36 AM	Motion	Refer House Bill 23-1111 to the Committee of the Whole.
	Moved	Joseph
	Seconded	Kipp

	deGruy Kennedy	Excused
	Daugherty	Yes
	Frizell	Yes
	Hartsook	Yes
	Kipp	Yes
	Lindstedt	Yes
	Marshall	Yes
	Taggart	Yes
	Weinberg	Excused
	Joseph	Yes
	Snyder	Yes
	Final	YES: 9 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS

HB23-1121 - Referred to the Committee of the Whole

09:59:50 AM

Representative Bird, prime sponsor, presented House Bill 23-1121. The bill eliminates several tax expenditures from the state's insurance premium tax, individual and corporate income tax, and severance tax.

10:02:41 AM

Representative Bird responded to comments from the committee.

10:04:36 AM	Motion	Refer House Bill 23-1121 to the Committee of the Whole.
	Moved	Joseph
	Seconded	Kipp

	deGruy Kennedy	Yes
	Daugherty	Yes
	Frizell	Yes
	Hartsook	Yes
	Kipp	Yes
	Lindstedt	Yes
	Marshall	Yes
	Taggart	Yes
	Weinberg	Excused
	Joseph	Yes
	Snyder	Yes
	Final	YES: 10 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS

10:04:46 AM

The committee adjourned.

HB23-1111 - Referred to the Committee of the Whole

HB23-1121 - Referred to the Committee of the Whole

Colorado General Assembly