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28431214FEEBF51D87258582007C1E89 Hearing Summary




PUBLIC
BILL SUMMARY For HB20-1420

HOUSE COMMITTEE ON FINANCE
Date Jun 9, 2020      
Location Old State Library



HB20-1420 - Amended, referred to House Appropriations

04:35:49 PM  

Representatives Sirota and Gray presented House Bill 20-1420 to the committee.  The bill makes various changes to state income, sales and use, and insurance premium tax expenditures.  Written testimony on the bill is included as Attachment G.

05:06:37 PM  
Carol Hedges, representing Colorado Fiscal Institute, testified in support of the bill.
05:15:34 PM  
Amie Baca-Ohlert, representing the Colorado Education Association, testified in support of the bill.
05:15:56 PM  
Garen Voorthman, representing the Colorado Farm Bureau, testified in opposition to the bill.
05:34:04 PM  
The committee recessed.
06:03:55 PM  
The committee reconvened.
06:04:13 PM  
Jenifer Waller, representing Colorado Bankers Association, testified in opposition to the bill.
06:04:34 PM  
Kelly Sloan, representing Colorado Agricultural Aviation Association, testified in opposition to the bill.
06:07:13 PM  
Patrick Boyle, representing the Colorado Competitive Council, testified in opposition to the bill.
06:46:53 PM  
Loren Furman, representing the Colorado
Chamber of Commerce, testified in opposition to the bill.
06:47:52 PM  
Ryan Woods, representing Xcel Energy, testified in opposition to the bill.
06:51:46 PM  
Stan Bailey, representing the Metro Denver Economic Development Corp., testified in opposition to the bill.
07:06:26 PM  
Stan Dempsey, representing the Colorado Mining Association, testified in opposition to the bill.
07:09:02 PM  
Tony Gagliardi, representing the National Federation of Independent Business, testified in opposition to the bill.
07:20:43 PM  
Keith Mancini, representing Empower Retirement,
testified in opposition to the bill.
07:24:27 PM  
Scott Wasserman, representing the Bell Policy Center, testified in support of the bill.
07:33:34 PM  

Representative Weissman explained amendments L.001 and L.002 (Attachments H and I).



07:38:51 PM
Motion Adopt amendment L.001
Moved Weissman
Seconded Gray
Benavidez
Bockenfeld
Champion
Gray
Sandridge
Snyder
Sullivan
Weissman
Will
Bird
Herod
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


07:40:14 PM
Motion Adopt amendment L.002
Moved Weissman
Seconded Gray
Benavidez
Bockenfeld
Champion
Gray
Sandridge
Snyder
Sullivan
Weissman
Will
Bird
Herod
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
07:40:24 PM  
Representatives Sirota and Gray wrapped up their presentation to the committee.


08:05:06 PM
Motion Refer House Bill 20-1420, as amended, to the Committee on Appropriations.
Moved Gray
Seconded Weissman
Benavidez Yes
Bockenfeld No
Champion No
Gray Yes
Sandridge No
Snyder Yes
Sullivan Yes
Weissman Yes
Will No
Bird Yes
Herod Yes
Final YES: 7   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  PASS