D6AA3CBD308BCD788725826C0068E6FA Hearing Summary

Representatives Benavidez and Pabon, co-prime sponsors, presented House Bill 18-1359, which broadens the state income tax deduction for charitable contributions to allow the first $500 contributed to a charity to be deducted for state income tax purposes. Committee members received a memo about the fiscal impact of amendment L.001, prepared by Legislative Council Staff [Attachment F]. The bill sponsors responded to committee questions.

Mr. Renny Fagan, representing the Colorado Nonprofit Association, testified in support of the bill.

Ms. Joanne Kelley, representing the Colorado Association of Funders, testified in support of the bill.

Mr. Fagan responded to committee questions.

The bill was laid over for action only.