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DDEC145771CBB22D87258C21005D07F2 Hearing Summary




PUBLIC
BILL SUMMARY For HB25-1005

HOUSE COMMITTEE ON BUSINESS AFFAIRS & LABOR
Date Jan 29, 2025      
Location HCR 0112



HB25-1005 - Referred to House Finance
09:56:12 AM  
Speaker McCluskie
announced that she is removing herself as a prime sponsor of the bill due
to a possible conflict of interest.
09:57:34 AM  
Representative Titone
and Majority Leader Duran gave opening sponsor comments on House Bill 25-1005:
Tax Incentive for Film Festivals, and provided a handout to the committee
(Attachment A). The bill will create two refundable state income tax credits
to support Colorado's film festival industry.
09:58:28 AM  
Committee members asked the bill sponsors questions.
10:09:23 AM  
Councilman Matt Benjamin,
representing the City of Boulder, testified in support of the bill.
10:13:13 AM  
Mr. John Tayer, representing
the Boulder Chamber, testified in support of the bill.
10:18:39 AM  
Kirsten Schuchman,
representing the University of Colorado Boulder, testified in support of
the bill.
10:18:52 AM  
Mr. Jeff Kraft, representing
the Office of Economic Development & International Trade (OEDIT), testified
in support of the bill.
10:21:40 AM  
The witness panel
answered questions from the committee members.
10:26:09 AM  
Ms. Rebekah Hernandez,
representing the Colorado Restaurant Association, testified in support
of the bill.
10:35:11 AM  
Arielle Brachfeld,
representing the Office of Film, Television, and Media in OEDIT, testified
in support of the bill.
10:38:04 AM  
Nick Goins, representing themself, testified in support of the bill.
10:42:00 AM  
Rachel Beck, representing
the Colorado Competitive Council, testified in support of the bill.
10:42:01 AM  
Kelly Sears, representing
the University of Colorado Boulder, provided written testimony in support
of the bill (Attachment B).
10:43:36 AM  
Representative Titone and Majority Leader Duran gave closing comments on the bill.
10:46:27 AM  
Committee members gave closing comments.


10:56:08 AM
 Motion Refer House Bill 25-1005 to the Committee on Finance.
Moved Woodrow
Seconded English
Armagost Yes
Brooks Yes
English Yes
Keltie Yes
Lieder Yes
Lindstedt Yes
Marshall No
Mauro Yes
Richardson Yes
Rydin Yes
Suckla Yes
Woodrow Yes
Ricks Yes
Final YES: 12   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS






The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details

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