3594A173FB67443487258280006F1A79 Hearing Summary CLICS/CLICS2018A/commsumm.nsf PUBLICBILL SUMMARY For SB18-265SENATE COMMITTEE ON FINANCEDate May 1, 2018 Location SCR 352 SB18-265 - Referred to Senate Appropriations 02:14:48 PM Senator Hill, prime sponsor, presented Senate Bill 18-265, which creates a state income tax credit for moneys deposited in a child care savings account, and a state income tax deduction for interest earned in the account. 02:15:24 PM Brendon Reese, representing the Department of Revenue, testified on the bill. 02:16:31 PM Carl Larson, representing the National Association of Insurance and Financial Advisors, testified in support of the bill. 02:16:55 PM Senator Evie Hudak, representing Colorado PTA, testified in opposition to the bill. 02:23:50 PM Motion Refer Senate Bill 18-265 to the Committee on Appropriations. Moved Tate Seconded Jahn Yes Kagan No Scott Yes Tate Yes Neville T. Yes Final YES: 4 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS