66513AF663A7C2158725827400602377 Hearing Summary

PUBLIC
BILL SUMMARY For HB18-1209

SENATE COMMITTEE ON FINANCE
Date Apr 19, 2018
Location SCR 357

HB18-1209 - Postponed Indefinitely

11:33:53 AM

Senator Donovan, prime sponsor, presented House Bill 18-1209, which modifies the state income tax deduction for 529 account contributions to exclude contributions intended to be used for K-12 education purposes.

11:33:54 AM

Elizabeth Cheevers, representing the Colorado Fiscal Institute, testified in support of the bill.

11:33:54 AM

Nate Golich, representing the Colorado Education Association, testified in support of the bill.

11:34:11 AM

Mr. Golich, Ms. Cheever, and Brendon Reese, representing the Department of Revenue, responded to committee questions.

11:40:30 AM

Senator Donovan and Mr. Reese responded to additional committee questions.

11:44:55 AM

Senator Donovan provided closing comments on the bill.

11:59:09 AM	Motion	Refer House Bill 18-1209 to the Committee of the Whole.
	Moved	Court
	Seconded

	Court	Yes
	Jahn	Yes
	Tate	No
	Smallwood	No
	Neville T.	No
		YES: 2 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: FAIL

11:59:36 AM	Motion	Postpone House Bill 18-1209 indefinitely.
	Moved	Smallwood
	Seconded

	Court	No
	Jahn	No
	Tate	Yes
	Smallwood	Yes
	Neville T.	Yes
	Final	YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS

HB18-1209 - Postponed Indefinitely

Colorado General Assembly