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6B0B47766E64AB2C87258AE4007AC24D Hearing Summary




PUBLIC
BILL SUMMARY For HB24-1325

HOUSE COMMITTEE ON FINANCE
Date Mar 18, 2024      
Location HCR 0112



HB24-1325 - Amended, referred to House Appropriations

04:20:55 PM  
Representatives Soper and Valdez, co-prime sponsors, presented House Bill 24-1325. The bill creates two income tax credits to support the quantum industry.
04:34:04 PM  
Mr. Jeff Kraft, representing Office of Economic Development and International Trade, testified in support of the bill.
04:37:37 PM  
Massimo Ruzzene, representing the University of Colorado, testified in support of the bill.
04:40:15 PM  
Justin Ging, representing the Colorado Technology Association - Atom Computing, testified in support of the bill.
04:42:39 PM  
Dr. Eliot Kapit, representing Colorado School of Mines, testified in support of the bill.
04:45:48 PM  
The witnesses responded to questions from the committee.
04:51:19 PM  
Mr. Zachary Yerushalmi, representing Elevate Quantum, testified in support of the bill.
04:55:47 PM  
Mr. Corban Tillemann-Dick, representing Maybell Quantum, testified in support of the bill.
04:59:11 PM  
Dr. Chris Myatt, representing themself, testified in support of the bill.
05:02:38 PM  
Dr. Colleen Simpson, representing Front Range Community College, President, testified in support of the bill.
05:04:46 PM  
Ms. Zaneta Kelsey, representing Access Mode, testified in support of the bill.
05:07:05 PM  
Mr. Dennis Dougherty, representing himself, testified to amend the bill.
05:11:14 PM  
Ms. Drea Modugno, representing the Denver Metro Chamber of Commerce, testified in support of the bill.
05:14:42 PM  
Dr. Maud Naroll, representing the League of Women Voters of Colorado, testified in support of the bill.
05:15:51 PM  
The witnesses responded to questions from the committee.
05:25:29 PM  
The witnesses continued to discuss the bill with the committee.


05:34:17 PM
Motion Adopt amendment L.001 (Attachment I).
Moved Soper
Seconded Marshall
deGruy Kennedy
Frizell
Garcia
Holtorf
Kipp
Lindstedt
Marshall
Soper
Weinberg
Joseph
Snyder
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


05:36:24 PM
Motion Adopt amendment L.002 (Attachment J).
Moved Soper
Seconded Lindstedt
deGruy Kennedy
Frizell
Garcia
Holtorf
Kipp
Lindstedt
Marshall
Soper
Weinberg
Joseph
Snyder
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
05:36:26 PM  
The bill sponsors made closing remarks and and asked for a favorable recommendation.


05:42:57 PM
Motion Refer House Bill 24-1325, as amended, to the Committee on Appropriations.
Moved Soper
Seconded Joseph
deGruy Kennedy No
Frizell Yes
Garcia Yes
Holtorf Yes
Kipp Yes
Lindstedt Yes
Marshall Yes
Soper Yes
Weinberg Yes
Joseph Yes
Snyder Yes
Final YES: 10   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS