8FAA5269C569E25D87258AFC006C097E Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For HB24-1312HOUSE COMMITTEE ON FINANCEDate Apr 11, 2024 Location HCR 0112 HB24-1312 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/95C9EAB68654...$File/Attachment A - HB1312_L.004.pdf?OpenElement Attachment A - HB1312_L.004.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/2DF179021D1C...$File/Attachment B - HB1312_L.005.pdf?OpenElement Attachment B - HB1312_L.005.pdf 01:40:05 PM This bill was presented to the committee and heard witness testimony previously on April 1. For tax years 2024 through 2028, the bill creates a state income tax credit of $1,500 for child care workers, home health-care workers, personal care aides, certified nursing assistants, and friends, family members, or neighbors who provide care. Taxpayers must have an income of less than $75,000 for single filers or less than $150,000 for joint filers to be eligible for the credit. The tax credit is fully refundable. Representative Garcia and Representative Sirota, bill co-prime sponsors, discussed amendments L.004 (Attachment A) and L.005 (Attachment B). 01:42:22 PM The bill sponsors responeded to questions from the committee. 01:43:05 PM Emily Dorhman, Legislative Council Staff, responded to questions regarding the fiscal note. 01:47:58 PM Discussion on amendment L.004 continued. 01:50:56 PM Motion Adopt amendment L.004 Moved Garcia Seconded deGruy Kennedy Armagost deGruy Kennedy Frizell Garcia Hartsook Lindstedt Excused Mabrey Excused Marshall Soper Excused Brown Snyder YES: 0 NO: 0 EXC: 3 ABS: 0 FINAL ACTION: Pass Without Objection 01:51:12 PM Representative Garcia explained discussed amendment L.005 with the committee. 01:51:36 PM Motion Adopt amendment L.005 Moved Garcia Seconded deGruy Kennedy Armagost deGruy Kennedy Frizell Garcia Hartsook Lindstedt Excused Mabrey Excused Marshall Soper Excused Brown Snyder YES: 0 NO: 0 EXC: 3 ABS: 0 FINAL ACTION: Pass Without Objection 01:51:37 PM The bill sponsors provided closing comments on the bill. 01:59:13 PM The committee gave closing comments on the bill. 02:01:10 PM Motion Refer House Bill 24-1312, as amended, to the Committee on Appropriations. Moved Garcia Seconded Brown Armagost No deGruy Kennedy Yes Frizell No Garcia Yes Hartsook No Lindstedt Yes Mabrey Yes Marshall No Soper No Brown Yes Snyder Yes Final YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS