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B34760932626AEEB87258C290076ADAE Hearing Summary




PUBLIC
BILL SUMMARY For HB25-1005

HOUSE COMMITTEE ON FINANCE
Date Feb 6, 2025      
Location HCR 0112



HB25-1005 - Amended, referred to House Appropriations

02:36:20 PM  
Representatives Duran and Titone, co-prime sponsors, presented House Bill 25-1005. The bill creates two refundable state income tax credits to support Colorado's film festival industry. They distributed amendments L.001 (Attachment A), L.002 (Attachment B), L.008 (Attachment C), and L.009 (Attachment D). They responded to questions from the committee.
02:47:33 PM  
Mr. Matt Benjamin, representing the City of Boulder, testified in support of the bill. Mr. Jonathan Singer, representing the Boulder Chamber of Commerce, testified in support of the bill. Jeff Kraft, representing the Office of Economic Development and International Trade, testified in support of the bill. Charlene Hoffman, representing Visit Boulder, testified in support of the bill. The panel of witnesses responded to questions from the committee.
03:06:10 PM  
The committee continued to question the panel of witnesses.
03:18:37 PM  
Rachel Beck, representing
the Colorado Competitive Council, testified in support of the bill. Arielle
Brachfeld, representing the Office of Economic Development and International
Trade, testified in support of the bill. Nick Goins, representing himself,
testified in support of the bill. Kirsten Schuchman, representing the University
of Colorado, testified in support of the bill. Written testimony is included
as Attachment E.


03:35:06 PM
 Motion Adopt amendment L.008 (Attachment C).
Moved Titone
Seconded Camacho
Caldwell
Camacho
DeGraaf
Garcia
Gonzalez R.
Hartsook
Joseph
Marshall
Stewart R.
Weinberg
Zokaie
Titone
Lindstedt
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:35:31 PM
 Motion Adopt amendment L.001 (Attachment A), as amended.
Moved Titone
Seconded Camacho
Caldwell
Camacho
DeGraaf
Garcia
Gonzalez R.
Hartsook
Joseph
Marshall
Stewart R.
Weinberg
Zokaie
Titone
Lindstedt
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:38:17 PM
 Motion Adopt amendment L.002 (Attachment B).
Moved Titone
Seconded Camacho
Caldwell
Camacho
DeGraaf
Garcia
Gonzalez R.
Hartsook
Joseph
Marshall
Stewart R.
Weinberg
Zokaie
Titone
Lindstedt
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


03:39:04 PM
 Motion Adopt amendment L.009 (Attachment D).
Moved Titone
Seconded Camacho
Caldwell
Camacho
DeGraaf
Garcia
Gonzalez R.
Hartsook
Joseph
Marshall
Stewart R.
Weinberg
Zokaie
Titone
Lindstedt
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
03:39:06 PM  
The committee took a brief recess.
03:39:21 PM  
The committee returned to order. The bill sponsors provided closing remarks.


03:50:59 PM
 Motion Refer House Bill 25-1005, as amended, to the Committee on Appropriations.
Moved Titone
Seconded Camacho
Caldwell No
Camacho Yes
DeGraaf No
Garcia Yes
Gonzalez R. No
Hartsook No
Joseph Yes
Marshall No
Stewart R. Yes
Weinberg No
Zokaie Yes
Titone Yes
Lindstedt Yes
Final YES: 7   NO: 6   EXC: 0   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

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