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0BF98D063E78A3C187258B13000A4116 Hearing Summary




PUBLIC
BILL SUMMARY For HB24-1240

SENATE COMMITTEE ON FINANCE
Date May 3, 2024      
Location SCR 352



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






The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details