B9D6BA7BF7886F1B872587F200719614 Hearing Summary CLICS/CLICS2022A/commsumm.nsf PUBLICBILL SUMMARY For SB22-117SENATE COMMITTEE ON FINANCEDate Feb 23, 2022 Location Old Supreme Court SB22-117 - Committee Discussion Only Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/5F3A79DE7E30...$File/Attachment A.pdf?OpenElement Attachment A.pdf 01:40:44 PM Sens. Coram and Fields introduced Senate Bill 22-117. The bill adds a definition of gross receipts to statute that stipulates when money is received by a licensee from an out-of-state simulcast facility, gross receipts is the amount received after the out-of-state facility has deducted costs, signal fees, and taxes that it pays to its regulatory and taxing authorities. The sponsors answered several committee questions. Written testimony may be found in Attachment A. 01:42:31 PM Mr. James Mulvihill, representing the Colorado Horse Racing Association, testified in opposition to the bill. Mr. Howie Chavers, representing the Rocky Mountain Quarter Horse Association, testified in opposition to the bill. Ms. Kim Oliver, representing the Colorado Horse Racing Association, testified in opposition to the bill. 01:50:49 PM Mr. Reid Jenkins, representing himself, testified in support of the bill. Mr. Tom Downey, representing Arapahoe Park, testified in support of the bill. 02:22:57 PM Committee discussion ensued with several witnesses. 02:30:48 PM Mr. Shannon Rushton, representing Ballyâs Arapahoe Park, testified in support of the bill. Mr. Bruce Seymore, representing Ballyâs Arapahoe Park, testified in support of the bill. 02:35:01 PM Sen. Coram gave some closing comments. The bill was laid over for action only to a future date.