CLICS/CLICS2020A/commsumm.nsf
PUBLIC
BILL SUMMARY For HB20-1203
HOUSE COMMITTEE ON FINANCE
Date Mar 2, 2020
Location HCR 0112
HB20-1203 - Amended, referred to House Appropriations
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04:22:36 PM |
Representatives Sirota and Gray presented
House Bill 20-1203 to the committee, along with a memo and amendments L.001
and L.002 (Attachments G, H, and I). Beginning tax year 2021, the
bill creates a state income tax addition equal to the amount of a taxpayer's
federal qualified business income deduction, activates the state child
tax credit, and expands the state earned income tax credit.
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04:26:00 PM |
Kubu'Lea Til, representing Colorado People Alliance, testified in support of the bill.
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04:26:32 PM |
Ealasha Voaghner, representing Clayton Early Learning, testified in support of the bill.
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04:30:26 PM |
Alexis Juniel, representing Center for Work Education and Employment, testified in support of the bill.
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04:30:52 PM |
Jackie Cordova, representing Parent Possible, testified in support of the bill.
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04:36:28 PM |
Jordan Smith, representing Illuminate Colorado, testified in support of the bill.
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04:36:56 PM |
Kelly Wagoner, representing Get Ahead Colorado, testified in a neutral capacity.
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04:39:41 PM |
Evie Hudak, representing Colorado PTA, testified in support of the bill.
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04:42:41 PM |
Chaer Robert, representing the Colorado Center on Law and Policy, testified in support of the bill and provided a handout (Attachment J).
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04:46:11 PM |
Scott Wasserman, representing the Bell Policy Center, testified in support of the bill.
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04:47:58 PM |
Carol Hedges, representing the Colorado Fiscal Institute, testified in support of the bill.
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04:50:40 PM |
Ms. Hedges responded to committee members' questions.
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04:56:35 PM |
Representatives Gray and Sirota explained amendments L.001 and L.002 (Attachments H and I).
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04:57:34 PM
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Motion |
Adopt amendment L.001 |
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Moved |
Gray |
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Seconded |
Snyder |
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Benavidez |
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Bockenfeld |
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Champion |
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Gray |
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Kraft-Tharp |
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Rich |
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Sandridge |
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Snyder |
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Sullivan |
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Bird |
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Herod |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
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04:58:37 PM
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Motion |
Adopt amendment L.002 |
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Moved |
Gray |
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Seconded |
Snyder |
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Benavidez |
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Bockenfeld |
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Champion |
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Gray |
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Kraft-Tharp |
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Rich |
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Sandridge |
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Snyder |
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Sullivan |
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Bird |
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Herod |
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection |
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04:58:38 PM |
Representatives Sirota and Gray wrapped up their presentation to the committee.
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05:01:30 PM
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Motion |
Refer House Bill 20-1203, as amended, to the Committee on Appropriations. |
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Moved |
Gray |
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Seconded |
Bird |
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Benavidez |
Yes |
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Bockenfeld |
No |
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Champion |
No |
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Gray |
Yes |
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Kraft-Tharp |
Yes |
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Rich |
No |
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Sandridge |
No |
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Snyder |
Yes |
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Sullivan |
Yes |
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Bird |
Yes |
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Herod |
Yes |
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Final |
YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS |
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