D80B3A1A0DD37F5587258AD2005D9622 Hearing Summary CLICS/CLICS2024A/commsumm.nsf PUBLICBILL SUMMARY For SB24-102SENATE COMMITTEE ON FINANCEDate Feb 29, 2024 Location SCR 357 SB24-102 - Postponed Indefinitely Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/341E4F491DE1...$File/Attachment A.pdf?OpenElement Attachment A.pdf 10:02:16 AM Senator Sullivan, prime sponsor, presented Senate Bill 24-102, which reduces taxation of premium cigars to 40 percent of the manufacturerâs list price. 10:04:21 AM Josh Pens, representing the Colorado Department of Revenue, responded to committee questions. 10:23:44 AM Mr. Jimmy Hargrove, representing themself, testified in support of the bill. 10:38:56 AM Eric Heydorn, representing American heart association, testified in opposition to the bill. 10:40:47 AM Mr. Nick Torres, representing American Lung Association, testified in opposition to the bill. 10:45:30 AM Mr. RJ Ours, representing American Cancer Society Cancer Action Network, testified in opposition to the bill. 10:48:07 AM Mr. Glynn Loope, representing Premium Cigar Association, testified in support of the bill. 10:51:20 AM Mr. Torres responded to committee questions. 11:02:35 AM Motion Adopt amendment L.001 (Attachment A). Moved Smallwood Seconded Buckner Hansen Simpson Smallwood Van Winkle Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 11:06:55 AM Senator Sullivan provided closing comments on the bill. 11:11:15 AM Motion Refer Senate Bill 24-102, as amended, to the Committee on Appropriations. Moved Kolker Seconded Buckner No Hansen No Simpson Yes Smallwood Yes Van Winkle Yes Kolker No Mullica No YES: 3 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: FAIL 11:11:31 AM Motion Postpone Senate Bill 24-102 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson No Smallwood No Van Winkle No Kolker Yes Mullica Yes Final YES: 4 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS