7216CF480DA8692387258C1F00713A12 Hearing Summary

PUBLIC
BILL SUMMARY For HB25-1012

HOUSE COMMITTEE ON FINANCE
Date Jan 27, 2025
Location HCR 0112

HB25-1012 - Amended, referred to House Appropriations

Attachment Tag

File Name

Attachment A

Attachment A.pdf

Attachment B

Attachment B.pdf

Attachment C

Attachment C HB1012_L.001.pdf

01:36:48 PM

Representatives Joseph
and Marshall, co-prime sponsors, presented House Bill 25-1012. The bill
eliminates an existing income tax deduction for certain active-duty military
service members who reacquire Colorado residency, and creates a new refundable
income tax credit that expands available tuition assistance for eligible
members of the Colorado National Guard. The sponsors distributed two handouts
(Attachment A and Attachment B) and responded to questions from the committee.

01:45:40 PM

David Hansen, representing
Legislative Council Staff, came to the table to respond to questions about
the fiscal note.

01:52:29 PM

Kim Tinnell, representing Colorado Office of the State Auditor, was available to answer committee questions.

01:56:30 PM

Ms. Fatima Fernandez, representing Harmony Initiative Inc., testified in a neutral position on the bill.

02:03:31 PM	Motion	Adopt amendment L.001 (Attachment C).
	Moved	Marshall
	Seconded	Joseph

	Brooks
	Camacho
	DeGraaf
	Garcia
	Gonzalez R.	Excused
	Hartsook
	Joseph
	Marshall
	Stewart R.
	Weinberg	Excused
	Zokaie
	Titone
	Lindstedt
		YES: 0 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: Pass Without Objection

02:05:53 PM

The committee took a brief recess.

02:06:11 PM

The committee returned to order.

02:07:31 PM	Motion	Refer House Bill 25-1012, as amended, to the Committee on Appropriations.
	Moved	Joseph
	Seconded	Marshall

	Brooks	Yes
	Camacho	Yes
	DeGraaf	Yes
	Garcia	Yes
	Gonzalez R.	Yes
	Hartsook	Yes
	Joseph	Yes
	Marshall	Yes
	Stewart R.	Yes
	Weinberg	Excused
	Zokaie	Yes
	Titone	Yes
	Lindstedt	Yes
	Final	YES: 12 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS

HB25-1012 - Amended, referred to House Appropriations

Colorado General Assembly