Skip to main content
Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu

95FC6A84CF691A7B87258C4200715835 Hearing Summary




PUBLIC
BILL SUMMARY For HB25-1021

HOUSE COMMITTEE ON FINANCE
Date Mar 3, 2025      
Location HCR 0112



HB25-1021 - Amended, referred to House Appropriations


01:38:05 PM  
Representatives Lindstedt and Taggart, co-prime sponsors, presented House Bill 25-1021. The bill creates two state income tax deductions and a new income tax credit, and also extends and modifies the current Employee Ownership Tax Credit. The sponsors distributed amendment L.002 (Attachment A).
01:44:39 PM  
The bill sponsors responded to questions from the committee.
01:48:52 PM  
Camden Fahnline, representing himself, testified in opposition to the bill. Ms. Hunter Nelson, representing Small Business Majority, testified in support of the bill. Mr. Michael Gifford, representing Associated General Contractors of Colorado, testified in support of the bill. Mrs. Nikki Maloney, representing the Office of Economic Development and International Trade (OEDIT), testified in support of the bill. The panel of witnesses responded to committee questions.


02:02:59 PM
Motion Adopt amendment L.002 (Attachment A).
Moved Lindstedt
Seconded Titone
Brooks
Camacho
DeGraaf
Garcia
Gonzalez R.
Hartsook
Joseph Excused
Marshall
Stewart R.
Weinberg
Zokaie
Titone
Lindstedt
YES: 0   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  Pass Without Objection
02:03:01 PM  
The bill sponsors
made closing remarks.  Members of the committee commented about their
positions on the bill.


02:08:37 PM
Motion Refer House Bill 25-1021, as amended, to the Committee on Appropriations.
Moved Lindstedt
Seconded Titone
Brooks Yes
Camacho Yes
DeGraaf No
Garcia Yes
Gonzalez R. Yes
Hartsook Yes
Joseph Excused
Marshall No
Stewart R. Yes
Weinberg Yes
Zokaie Yes
Titone Yes
Lindstedt Yes
Final YES: 10   NO: 2   EXC: 1   ABS:  0   FINAL ACTION:  PASS






The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details

Our website is currently undergoing a redesign in order to provide a better experience for everyone. View the Beta site