F9EF10E0FDF5BF628725857400733B6D Hearing Summary CLICS/CLICS2020A/commsumm.nsf PUBLICBILL SUMMARY For SB20-073HOUSE COMMITTEE ON EDUCATIONDate May 26, 2020 Location Old State Library SB20-073 - Postponed Indefinitely 02:58:42 PM Representative Buentello and Representative Cutter,co-prime bill sponsors, presented Senate Bill 20-073. The bill clarifies that the state income tax deduction for 529 account contributions is not allowed for contributions that are spent for K-12 education purposes, and requires CollegeInvest to make annual reports to facilitate income tax recapture. 03:00:30 PM No one was present to testify on the bill, and no written tesimony was submitted. 03:01:22 PM Motion Postpone Senate Bill 20-073 indefinitely. Moved Buentello Seconded Cutter Baisley Yes Bird Yes Buck Yes Coleman Yes Cutter Yes Exum Yes Geitner Yes Kipp Yes Larson Yes Michaelson Jenet Yes Wilson Yes Buentello Yes McLachlan Yes Final YES: 13 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS
