45DA0CB68A08B33687258C200078143C Hearing Summary

PUBLIC
BILL SUMMARY For SB25-013

SENATE COMMITTEE ON FINANCE
Date Jan 28, 2025
Location SCR 357

SB25-013 - Amended, referred to Senate Appropriations

Attachment Tag

File Name

Attachment D

Attachment D.pdf

Attachment E

Attachment E.pdf

02:51:39 PM

Senator Mullica introduced Senate Bill 25-013. For tax years 2025 and 2026, the bill extends a refundable income tax credit for senior taxpayers with incomes up to $75,000 for single filers and $125,000 for joint filers who have not claimed a homestead property tax exemption.

02:53:06 PM

Dennis Valentine,
representing AARP Colorado, testified in support of the bill. Mr. Tony
Werckman, representing Division of Property Taxation, was available to
answer committee questions. Written testimony may be found in Attachment
D.

03:00:57 PM	Motion	Adopt amendment L.001 (Attachment E)
	Moved	Mullica
	Seconded

	Bright
	Frizell
	Gonzales J.	Excused
	Kolker
	Mullica
	Simpson
	Snyder
	Marchman
	Kipp
		YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection

03:05:44 PM	Motion	Refer Senate Bill 25-013, as amended, to the Committee on Appropriations.
	Moved	Mullica
	Seconded

	Bright	Yes
	Frizell	Yes
	Gonzales J.	Excused
	Kolker	Yes
	Mullica	Yes
	Simpson	Yes
	Snyder	Yes
	Marchman	Yes
	Kipp	Yes
	Final	YES: 8 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS

SB25-013 - Amended, referred to Senate Appropriations

Colorado General Assembly