H_FIN_2016A 04/13/2016 01:32:26 PM Committee Summary
Final
STAFF SUMMARY OF MEETING
HOUSE COMMITTEE ON FINANCE
| Date: | 04/13/2016 |
ATTENDANCE
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| Time: | 01:32 PM to 05:16 PM |
Becker K.
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X
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Conti
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X
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| Place: | LSB A |
Garnett
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*
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Kagan
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X
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| This Meeting was called to order by |
Pabon
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*
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| Representative Court |
Roupe
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X
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Sias
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X
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| This Report was prepared by |
Van Winkle
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X
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| Katie Ruedebusch |
Wilson
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X
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Foote
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X
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Court
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X
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X = Present, E = Excused, A = Absent, * = Present after roll call
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| Bills Addressed: | Action Taken: | ||
| HB16-1363 HB16-1288 HB16-1003 HB16-1332 HB16-1292 HB16-1371 |
Referred to the Committee of the Whole Amended, Referred to Appropriations Amended, Referred to Appropriations Amended, Referred to Appropriations Postponed Indefinitely Referred to Appropriations |
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The committee was called to order. A quorum was present.
01:33 PM -- HB16-1363
Representative Singer, sponsor, introduced House Bill 16-1363. This bill authorizes the Marijuana Enforcement Division in the Colorado Department of Revenue (DOR) to promulgate rules related to advertising that is likely to reach underage persons under the Medical Marijuana Code. This authority currently exists in the Retail Marijuana Code. Representative Singer answered several questions from the committee.
01:45 PM -- Mr. Greg Romberg, representing the Colorado Press Association and the Colorado Broadcasters Association, testified against the bill. He answered several questions from the committee.
01:54 PM -- Ms. Sarah Clark, representing Smart Colorado, testified in support of the bill. She answered several committee questions.
02:01 PM -- Ms. Ali Maffey, representing the Colorado Department of Public Health and Environment, testified in support of the bill.
02:04 PM -- Mr. Lewis Koski, representing DOR, testified in support of the bill. He answered several committee questions.
02:12 PM -- Mr. Shawn Coleman, representing 36Solutions, testified in support of the bill.
| BILL: | HB16-1363 | |
| TIME: | 02:22:41 PM | |
| MOVED: | Court | |
| MOTION: | Refer House Bill 16-1363 to the Committee of the Whole. The motion passed on a vote of 9-2. | |
| SECONDED: | Garnett | |
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VOTE
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Becker K.
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Yes
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Conti
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Yes
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Garnett
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Yes
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Kagan
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Yes
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Pabon
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Yes
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Roupe
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Yes
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Sias
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No
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Van Winkle
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No
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Wilson
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Yes
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Foote
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Yes
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Court
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Yes
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Final YES: 9 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS
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02:23 PM -- HB16-1288
Representatives Kraft-Tharp and Wist, co-prime sponsors, introduced House Bill 16-1288. The bill creates the Industry Infrastructure Grant Program within the Colorado Workforce Development Council (CWDC). The purpose of the program is for the CWDC to partner with authorized nonprofit entities to develop industry competency standards to support businesses in their implementation of work site training programs. The bill also creates the Industry Infrastructure Fund to implement the program. The fund is allowed to receive gifts, grants, donations and money from the General Fund. Representative Kraft-Tharp distributed amendment L.009 (Attachment A) and amendment L.008 (Attachment B). The sponsors answered several committee questions.
16HouseFin0413AttachA.pdf16HouseFin0413AttachB.pdf
02:42 PM -- Mr. Noel Ginsburg, representing the Colorado Manufacturing Alliance and Intertech Plastics, testified in support of the bill. He answered several committee questions.
02:59 PM -- Ms. Wendy Nkomo, representing the Colorado Technology Association, testified in support of the bill.
03:04 PM -- Mr. Jason Wardrip, representing the AFL-CIO, testified in support of the bill. He answered several committee questions.
03:15 PM
Committee discussion ensued regarding the fiscal aspects of the bill.
| BILL: | HB16-1288 | |
| TIME: | 03:24:25 PM | |
| MOVED: | Court | |
| MOTION: | Adopt amendment L.009 (Attachment A). The motion passed without objection. | |
| SECONDED: | Pabon | |
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VOTE
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Becker K.
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Conti
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Garnett
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Kagan
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Pabon
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Roupe
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Sias
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Van Winkle
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Wilson
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Foote
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Court
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | HB16-1288 | |
| TIME: | 03:25:07 PM | |
| MOVED: | Court | |
| MOTION: | Adopt amendment L.008 (Attachment B). The motion passed without objection. | |
| SECONDED: | Pabon | |
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VOTE
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Becker K.
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Conti
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Garnett
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Kagan
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Pabon
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Roupe
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Sias
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Van Winkle
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Wilson
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Foote
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Court
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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03:30 PM -- Mr. Pat Teegarden, representing the Colorado Department of Labor and Employment, came to the table to answer committee questions.
03:42 PM
Committee discussion ensued.
| BILL: | HB16-1288 | |
| TIME: | 03:55:42 PM | |
| MOVED: | Pabon | |
| MOTION: | Refer House Bill 16-1288, as amended, to the Committee on Appropriations. The motion passed on a vote of 8-2. | |
| SECONDED: | Foote | |
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VOTE
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Becker K.
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Yes
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Conti
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Yes
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Garnett
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Yes
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Kagan
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Yes
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Pabon
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Yes
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Roupe
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Excused
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Sias
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Yes
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Van Winkle
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No
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Wilson
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No
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Foote
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Yes
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Court
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Yes
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Final YES: 8 NO: 2 EXC: 1 ABS: 0 FINAL ACTION: PASS
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03:55 PM -- HB16-1003
Representatives Pettersen and Young, co-prime sponsors, introduced House Bill 16-1003. The bill alters the income tax deduction for contributions to qualifying college savings accounts, and the deduction for interest earnings on or withdrawals from these savings accounts to the extent that they are used for qualifying higher education expenses and are not already excluded from federal taxable income. Beginning in tax year 2017, qualifying taxpayers may deduct a percentage of these qualifying contributions, interest earnings, and withdrawals from taxable income based on their adjusted gross income. The sponsors distributed amendment L.003 (Attachment C) and a fiscal memorandum (Attachment D).
16HouseFin0413AttachC.pdf 16HouseFin0413AttachD.pdf
04:00 PM -- Ms. Ali Mickelson, representing the Colorado Fiscal Institute, testified in support of the bill. She answered committee questions.
| BILL: | HB16-1003 | |
| TIME: | 04:05:50 PM | |
| MOVED: | Court | |
| MOTION: | Adopt amendment L.003 (Attachment C). The motion passed without objection. | |
| SECONDED: | Pabon | |
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VOTE
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Becker K.
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Conti
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Garnett
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Kagan
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Pabon
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Roupe
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Sias
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Van Winkle
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Wilson
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Foote
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Court
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | HB16-1003 | |
| TIME: | 04:10:13 PM | |
| MOVED: | Court | |
| MOTION: | Refer House Bill 16-1003, as amended, to the Committee on Appropriations. The motion passed on a vote of 6-4. | |
| SECONDED: | Garnett | |
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VOTE
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Becker K.
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Yes
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Conti
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No
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Garnett
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Yes
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Kagan
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Yes
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Pabon
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Yes
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Roupe
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Excused
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Sias
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No
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Van Winkle
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No
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Wilson
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No
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Foote
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Yes
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Court
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Yes
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Final YES: 6 NO: 4 EXC: 1 ABS: 0 FINAL ACTION: PASS
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04:11 PM -- HB16-1332
Representative Duran and Representative Rankin, co-prime sponsors, introduced House Bill 16-1332. Effective tax year 2017, the bill changes two refundable income tax credits in current law: the innovative motor vehicle credit and the innovative truck credit. The bill changes the computation of certain tax credits, discontinues certain categories, and allows the transfer of the credits to a financing entity. Representative Duran distributed amendment L.002 (Attachment E) and a handout (Attachment F) to the committee.
16HouseFin0413AttachE.pdf 16HouseFin0413AttachF.pdf
04:18 PM -- Mr. Nigel Zeid, representing Boulder Nissan, testified in support of the bill.
04:21 PM -- Mr. Sherrie Merrow, representing Noble Energy Inc., testified in support of the bill.
04:23 PM -- Mr. Luke Walch, representing himself, testified against the bill. He answered several committee questions.
04:35 PM -- Mr. Eric Myers, representing DOR, came to the table to answer committee questions.
04:38 PM -- Mr. Andrew Sand, representing the Colorado Energy Office, came to the table to answer committee questions. Committee discussion ensued on the tax credit for used vehicles.
| BILL: | HB16-1332 | |
| TIME: | 04:52:44 PM | |
| MOVED: | Court | |
| MOTION: | Adopt amendment L.002 (Attachment E). The motion passed without objection. | |
| SECONDED: | Foote | |
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VOTE
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Becker K.
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Conti
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Garnett
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Kagan
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Pabon
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Roupe
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Sias
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Van Winkle
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Wilson
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Foote
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Court
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YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection
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| BILL: | HB16-1332 | |
| TIME: | 04:55:27 PM | |
| MOVED: | Court | |
| MOTION: | Refer House Bill 16-1332, as amended, to the Committee on Appropriations. The motion passed on a vote of 10-0. | |
| SECONDED: | Kagan | |
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VOTE
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Becker K.
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Yes
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Conti
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Yes
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Garnett
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Yes
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Kagan
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Yes
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Pabon
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Yes
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Roupe
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Excused
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Sias
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Yes
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Van Winkle
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Yes
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Wilson
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Yes
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Foote
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Yes
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Court
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Yes
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Final YES: 10 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS
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04:59 PM -- HB16-1292
Representative Kagan, sponsor, introduced House Bill 16-1292. For tax years 2016, 2017, and 2018, this bill creates a $3,600 refundable income tax credit for taxpayers claiming both a child and a relative as dependents on their federal income tax return. To qualify, taxpayers must have a federal adjusted gross income at or below 200 percent of the national median household income of its size and claim both a child and relative as a dependent. Taxpayers will receive the full $3,600 if they qualify for the credit under this bill as refundable tax credits, which are not limited to a taxpayer's income tax liability. Representative Kagan gave some remarks on the bill and asked that the bill be postponed indefinitely.
| BILL: | HB16-1292 | |
| TIME: | 05:03:32 PM | |
| MOVED: | Kagan | |
| MOTION: | Postpone House Bill 16-1292 indefinitely. The motion passed on a vote of 9-0. | |
| SECONDED: | Pabon | |
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VOTE
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Becker K.
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Excused
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Conti
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Yes
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Garnett
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Yes
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Kagan
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Yes
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Pabon
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Yes
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Roupe
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Excused
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Sias
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Yes
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Van Winkle
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Yes
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Wilson
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Yes
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Foote
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Yes
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Court
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Yes
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Final YES: 9 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS
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05:06 PM -- HB16-1371
Representative Kagan, sponsor, returned to the table to discuss House Bill 16-1371. The bill was previously heard on April 7, 2016.
| BILL: | HB16-1371 | |
| TIME: | 05:15:08 PM | |
| MOVED: | Kagan | |
| MOTION: | Refer House Bill 16-1371 to the Committee on Appropriations. The motion passed on a vote of 6-4. | |
| SECONDED: | Pabon | |
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VOTE
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|
Becker K.
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Yes
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Conti
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No
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Garnett
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Yes
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Kagan
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Yes
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Pabon
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Yes
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Roupe
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Excused
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Sias
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No
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Van Winkle
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No
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Wilson
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No
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Foote
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Yes
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Court
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Yes
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Final YES: 6 NO: 4 EXC: 1 ABS: 0 FINAL ACTION: PASS
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05:16 PM
The committee adjourned.