3F76FD8C71E1DF0487258C270073BC84 Hearing Summary

PUBLIC
BILL SUMMARY For SB25-056

SENATE COMMITTEE ON FINANCE
Date Feb 4, 2025
Location SCR 357

SB25-056 - Postponed Indefinitely

Attachment Tag

File Name

Attachment A

02:04:10 PM

Senator Sullivan
introduced Senate Bill 25-056. The bill reduces the excise tax rate on
premium cigars to 40 percent of the manufacturerâs list price beginning
in FY 2025-26. Written testimony may be found in Attachment A.

02:05:56 PM

Jason Bailey, representing
himself, testified in opposition the bill. Mr. Eric Heydon, representing
the American Heart Association, testified in opposition to the bill. Krystyn
Hartman, representing themself, testified in opposition to the bill. R.J.
Ours, representing the American Cancer Society, testified in opposition
the bill.

02:19:09 PM

Mr. Douglas Hatton,
representing themself, testified in support of the bill. Mr. Phillip Dvorak,
representing themself, testified in support of the bill. Jimmy Hargrove,
representing themself, testified in support of the bill. Mary Szarmach,
representing Smoker Friendly, testified in support of the bill. The witnesses
answered several committee questions.

02:40:49 PM

Grier Bailey, representing
the CWPMA/RMFIA, testified in support of the bill. Mr. Glynn Loope, representing
the Premium Cigar Association, testified in support of the bill. Mark Nilson,
representing themself, testified in support of the bill. The witnesses
answered several committee questions.

02:56:13 PM	Motion	Refer Senate Bill 25-056 to the Committee on Appropriations.
	Moved	Kolker
	Seconded

	Bright	No
	Frizell	Yes
	Gonzales J.	No
	Kolker	No
	Mullica	No
	Simpson	Yes
	Snyder	Yes
	Exum	Yes
	Kipp	No
		YES: 4 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: FAIL

02:57:41 PM	Motion	Postpone Senate Bill 25-056 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely.
	Moved	Gonzales J.
	Seconded

	Bright	Yes
	Frizell	No
	Gonzales J.	Yes
	Kolker	Yes
	Mullica	Yes
	Simpson	No
	Snyder	No
	Exum	No
	Kipp	Yes
	Final	YES: 5 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS

SB25-056 - Postponed Indefinitely

Colorado General Assembly