CE5042AB84A433278725822500765062 Hearing Summary CLICS/CLICS2018A/commsumm.nsf PUBLICBILL SUMMARY For SB18-061SENATE COMMITTEE ON FINANCEDate Jan 30, 2018 Location SCR 357 SB18-061 - Referred to Senate Appropriations Attachment Tag File Name Attachment C http://www2.leg.state.co.us/CLICS/CLICS2018A/commsumm.nsf/0/2C970DD1FEF1...$File/18SenateFin0130AttachC.pdf?OpenElement 18SenateFin0130AttachC.pdf 02:32:25 PM Senators Grantham and Sonnenberg, co-prime sponsors, presented Senate Bill 18-061, which reduces the state income tax rate from 4.63 percent to 4.43 percent for 2018 and all subsequent tax years. 02:34:46 PM Senators Sonnenberg and Grantham responded to committee questions. 02:54:12 PM Former Senator Edie Hudak, representing Colorado PTA, testified in opposition to the bill. 02:54:45 PM Carol Hedges, representing the Colorado Fiscal Institute, testified in opposition to the bill. 02:57:26 PM Scott Wasserman, representing the Bell Policy Center, testified in opposition to the bill. Mr. Wasserman distributed a chart depicting recent investment in Colorado state services [Attachment C]. 03:05:35 PM Ms. Hedges and Senator Hudak responded to committee questions. 03:14:21 PM Mr. Wasserman responded to committee questions. 03:17:10 PM Ms. Hedges responded to additional committee questions. 03:20:22 PM Shari Shiffer-Krieger, representing Americans for Prosperity, testified in support of the bill. 03:29:25 PM Tony Gagliardi, representing the National Federation of Independent Business, testified in support of the bill. 03:31:54 PM Senators Grantham and Sonnenberg wrapped up their presentation of the bill. 03:44:20 PM Motion Refer Senate Bill 18-061 to the Committee on Appropriations. Moved Smallwood Seconded Court No Jahn No Tate Yes Smallwood Yes Neville T. Yes Final YES: 3 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS
