7CAA6967048A24E08725851B007C6261 Hearing Summary CLICS/CLICS2020A/commsumm.nsf PUBLICBILL SUMMARY For SB20-148SENATE COMMITTEE ON FINANCEDate Feb 27, 2020 Location SCR 357 SB20-148 - Postponed Indefinitely 03:38:38 PM Senator Marble, sponsor, introduced Senate Bill 20-148. The bill increases the senior homestead and disabled veterans homestead exemption from 50 percent of $200,000 to 50 percent of $435,000 for the 2020 tax year, and increases the exemption amount to account for home price appreciation each year. 03:42:20 PM Sophia San Miguel, representing herself, testified in support of the bill. 03:46:52 PM Senator Marble made closing remarks regarding the bill. Members of the committee commented on the bill. 03:51:53 PM Motion Refer Senate Bill 20-148 to the Committee on Appropriations. Moved Tate Seconded Hansen No Lundeen Yes Tate Yes Todd No Woodward Yes Lee No Gonzales No YES: 3 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: FAIL 03:52:18 PM Motion Postpone Senate Bill 20-148 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. Moved Gonzales Seconded Hansen Yes Lundeen No Tate No Todd Yes Woodward No Lee Yes Gonzales Yes Final YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS