D4E49B078AA6E07C872587FE0077EF98 Hearing Summary CLICS/CLICS2022A/commsumm.nsf PUBLICBILL SUMMARY For HB22-1007HOUSE COMMITTEE ON FINANCEDate Mar 7, 2022 Location HCR 0112 HB22-1007 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/A50F4334C10F...$File/HB1007_L.002 Attachment F.pdf?OpenElement HB1007_L.002 Attachment F.pdf 02:50:08 PM The committee took a brief recess. 02:50:53 PM The committee returned to order. Representatives D. Valdez and Lynch, co-sponsors, presented House Bill 22-1007. The bill creates a wildfire mitigation grant program, extends the current law state income tax deduction for wildfire mitigation expenses, and creates a state income tax credit. They distributed amendment L.002 (Attachment F). 02:53:14 PM The sponsors responded to questions from the committee. Matt Bishop, representing Legislative Council Staff, joined the committee to respond to questions about the fiscal note. 03:08:11 PM Committee discussion with the sponsors and Mr. Bishop continued. 03:11:10 PM No witnesses testified on the bill. Representative Valdez explained the purpose of the amendment. 03:13:56 PM Motion Adopt amendment L.002 (Attachment F). Moved Snyder Seconded Kipp Benavidez Daugherty Gray Kipp Luck Excused Rich Sandridge Soper Tipper Snyder Bird YES: 0 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: Pass Without Objection 03:13:58 PM The sponsors wrapped up their presentation of the bill and asked for a favorable recommendation. 03:17:33 PM Members of the committee commented about their positions on the bill. 03:19:20 PM Motion Refer House Bill 22-1007, as amended, to the Committee on Appropriations. Moved Snyder Seconded Kipp Benavidez Yes Daugherty Yes Gray Yes Kipp Yes Luck Excused Rich Yes Sandridge No Soper Yes Tipper Yes Snyder Yes Bird Yes Final YES: 9 NO: 1 EXC: 1 ABS: 0 FINAL ACTION: PASS