D0780AF499F142E287258AD70002B10D Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For HB24-1240HOUSE COMMITTEE ON FINANCEDate Mar 4, 2024 Location HCR 0112 HB24-1240 - Referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/A7DE38BEEC66...$File/Attachment M HB1240_L.001.pdf?OpenElement Attachment M HB1240_L.001.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/67F823E3FDF8...$File/Attachment N.pdf?OpenElement Attachment N.pdf 05:29:27 PM Representatives Joseph and Weinberg, co-sponsors, presented House Bill 24-1240. The bill creates an income tax subtraction for Segal AmeriCorps Education Awards for tax years 2025 through 2027. They distributed amendment L.001 (Attachment M) and a fact sheet (Attachment N). 05:34:09 PM Emily Dohrman, representing Legislative Council Staff, was available to answer committee questions about the fiscal note. 05:38:28 PM Jimmy Reed, representing the Colorado Department of Revenue, testified in support of the bill. 05:41:32 PM Tom Dillow, representing the Colorado Youth Corps Association, testified in support of the bill. 05:50:14 PM Motion Adopt amendment L.001 (Attachment M). Moved Weinberg Seconded deGruy Kennedy Frizell Garcia Hartsook Kipp Lindstedt Marshall Soper Weinberg Joseph Snyder YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Withdrawn 05:52:55 PM Motion Refer House Bill 24-1240 to the Committee on Appropriations. Moved Weinberg Seconded Joseph deGruy Kennedy Yes Frizell Yes Garcia Yes Hartsook Yes Kipp Yes Lindstedt Yes Marshall No Soper Excused Weinberg Yes Joseph Yes Snyder Yes Final YES: 9 NO: 1 EXC: 1 ABS: 0 FINAL ACTION: PASS