13FA218EC651F9DF87258AE4006E1DDA Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For HB24-1243HOUSE COMMITTEE ON FINANCEDate Mar 18, 2024 Location HCR 0112 HB24-1243 - Committee Discussion and Witness Testimony Only Attachment Tag File Name http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/91E3B441DFFC...$File/Attachment F HB 24-1243 OPPOSE Income Tax Owed by Minors on Earned Income.docx.pdf?OpenElement Attachment F HB 24-1243 OPPOSE Income Tax Owed by Minors on Earned Income.docx.pdf 02:02:49 PM The committee took a brief recess. 02:11:26 PM The committee returned to order. 02:13:25 PM Representatives Soper and Woodward, co-prime sponsors, presented House Bill 24-1243. The bill removes earned income of a minor from Colorado taxable income starting in tax year 2025. 02:21:28 PM The bill sponsors responded to questions from the committee. 02:43:19 PM Nicholas Aught, representing himself, testified in opposition to the bill. 02:46:58 PM Maud Naroll, representing League of Women Voters of Colorado, testified in opposition to the bill. 02:48:21 PM The witnesses responded to questions from the committee. Additional written testimony is included as Attachment F. 02:49:53 PM Members of the committee commented about their positions on the bill. 03:01:09 PM The committee took a brief recess. 03:11:23 PM The committee returned to order. The bill was laid over for action only at a later date.
