D718AD8E8CE680BB872588010065A7F3 Hearing Summary CLICS/CLICS2022A/commsumm.nsf PUBLICBILL SUMMARY For HB22-1124HOUSE COMMITTEE ON FINANCEDate Mar 10, 2022 Location HCR 0112 HB22-1124 - Postponed Indefinitely 11:30:24 AM Representative Pelton, prime sponsor, presented House Bill 22-1124. The bill creates a refundable $750 income tax credit for individuals that purchase a new motor vehicle while recycling their old vehicle. He responded to questions from the committee. 11:37:06 AM Mr. Travis Madsen, representing the Southwest Energy Efficiency Project, testified in opposition to the bill. 11:39:30 AM Ms. Amber Egbert, representing the Colorado Department of Revenue, joined the committee to respond to questions. 11:48:50 AM Representative Pelton made closing remarks. 11:50:45 AM Members of the committee commented about their positions on the bill. 11:55:42 AM Motion Refer House Bill 22-1124 to the Committee on Appropriations. Moved Snyder Seconded Rich Benavidez No Daugherty No Gray No Kipp No Luck No Mullica Yes Rich Yes Sandridge No Soper Yes Snyder Yes Bird Yes YES: 5 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: FAIL 11:56:59 AM Motion Postpone House Bill 22-1124 indefinitely. Moved Snyder Seconded Soper Benavidez Yes Daugherty Yes Gray Yes Kipp Yes Luck Yes Mullica No Rich No Sandridge Yes Soper Yes Snyder Yes Bird Yes Final YES: 9 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS
