1FC6A2E9487140EA87258528006B369B Hearing Summary CLICS/CLICS2020A/commsumm.nsf PUBLICBILL SUMMARY For HB20-1298HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABORDate Mar 11, 2020 Location HCR 0107 HB20-1298 - Referred to House Finance Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/3089BFC6D36E...$File/20HouseBus0311AttachA.pdf?OpenElement 20HouseBus0311AttachA.pdf 01:31:04 PM Representative Kraft-Tharp and Representative Esgar introduced House Bill 20-1298. The bill extends the number of tax years that the Colorado Economic Development Commission may allow certain businesses to treat specific income tax credits as transferable income tax credits. 01:33:37 PM The bill sponsors responded to questions from the committee. 01:35:39 PM Jeff Kraft, Office of Economic Development and International Trade (OEDIT), testified in support of the bill. Mr. Kraft provided a handout to the committee (Attachment A). 01:37:53 PM Ken Jensen, OEDIT, made himself available to the committee for questions. 01:38:06 PM Erin Hackett, EVRAZ Rocky Mountain Steel, testified in support of the bill. 01:40:15 PM Jeff Shaw, Pueblo Economic Development Corporation and the Economic Development Council of Colorado, testified in support of the bill. 01:42:45 PM Mr. Kraft responded to questions from the committee. 01:43:47 PM Sam Bailey, Metro Denver Economic Development Corporation, testified in support of the bill. 01:45:47 PM The bill sponsors made closing remarks on the bill. 01:47:17 PM Motion Refer House Bill 20-1298 to the Committee on Finance. Moved Kraft-Tharp Seconded Bird Arndt Yes Bird Yes Duran Yes McKean Yes Sandridge Yes Snyder Yes Sullivan Yes Van Winkle Yes Williams D. Yes Coleman Yes Kraft-Tharp Yes Final YES: 11 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS