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BD739A68F553FFBB87258528007079CD Hearing Summary




PUBLIC
BILL SUMMARY For HB20-1299

HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date Mar 11, 2020      
Location HCR 0107



HB20-1299 - Referred to House Finance


02:28:35 PM  

Representative Young and Representative Pelton introduced House Bill 20-1299. The bill extends the number of tax years that a taxpayer may elect to receive a refund for Enterprise Zone Investment Tax Credits earned for renewable energy projects.

02:34:33 PM  

Jeff Kraft, Office of Economic Development and International Trade (OEDIT), made himself available for questions from the committee.

02:36:09 PM  

Andrew Wallace, OEDIT, testified in support of the bill. Mr. Wallace provided a handout to the committee (Attachment D).

02:38:37 PM  

Brett Moore, EDP Renewables, testified in support of the bill. Mr. Moore also expressed support of the bill by the Interwest Energy Alliance.

02:41:45 PM  

Eliot Abel, Namaste Solar, testified in support of the bill.

02:43:57 PM  

Mr. Wallace, Mr. Abel, and Mr. Moore responded to questions from the committee.

02:46:54 PM  

Greg Brophy, The Western Way, testified in support of the bill.

02:49:00 PM  

Sean McCain, representing himself, testified in opposition to the bill.

02:52:00 PM  

Mr. Brophy responded to questions from the committee.

03:00:40 PM  

The bill sponsors made closing remarks on the bill.



03:02:30 PM
Motion Refer House Bill 20-1299 to the Committee on Finance.
Moved Coleman
Seconded Duran
Arndt Yes
Bird Yes
Duran Yes
McKean Yes
Sandridge No
Snyder Yes
Sullivan Yes
Van Winkle No
Williams D. No
Coleman Yes
Kraft-Tharp Yes
Final YES: 8   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  PASS