H_FIN_2022A 02/03/2022 09:35:19 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON FINANCE Date 02/03/2022 Attendance Benavidez X Daugherty X Gray X Kipp X Luck X Rich X Sandridge X Soper X Tipper X Snyder X Bird X Time 09:35:19 AM to 12:16:49 PM Place HCR 0112 This Meeting was called to order by Bird This Report was prepared by Jessika Shipley Hearing Items Action Taken hHB22-1030 Lay Over hHB22-1023 Postponed Indefinitely hHB22-1026 Amended, referred to House Appropriations HB22-1030 - Lay Over 09:36:21 AM Representative A. Valdez, prime sponsor, presented House Bill 22-1030. The bill creates a refundable income tax credit for the purchase of package anti-theft devices. He provided statistics about "porch piracy" in Colorado. 09:45:57 AM Representative Valdez responded to questions from the committee. 09:53:39 AM The committee continued to discuss the bill with Representative Valdez. 10:03:15 AM Committee discussion continued. 10:17:16 AM Jeremiah Barry, representing the Office of Legislative Legal Services, responded to questions about the language in the bill. 10:22:11 AM Dr. Ben Stickle, representing himself, testified in support of the bill. 10:25:41 AM Mrs. Heather Stenner, representing Porch Box, testified in support of the bill. 10:28:06 AM Representative Valdez wrapped up his presentation of the bill. The committee took a brief recess. 10:30:12 AM The committee returned to order. Representative Bird laid the bill over for action at a later date. HB22-1023 - Postponed Indefinitely Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/5BBA553CDCA9...$File/HF_2-3_Attachment A.pdf?OpenElement HF_2-3_Attachment A.pdf 10:31:52 AM Representative Benavidez, prime sponsor, presented House BIll 22-1023. The bill excludes sales of vehicles subject to state registration requirements from the farm close-out sales tax exemption. Representative Benavidez provided a handout (Attachment A). She responded to questions from the committee. 10:45:48 AM The committee took a brief recess. 10:46:38 AM The committee returned to order. 10:48:45 AM Representative Benavidez wrapped up her presentation of the bill and asked for a favorable recommendation. Other members of the committee commented about the bill. 10:52:47 AM Motion Refer House Bill 22-1023 to the Committee on Appropriations. Moved Benavidez Seconded Kipp Benavidez Yes Daugherty Yes Gray No Kipp Yes Luck No Rich No Sandridge No Soper No Tipper No Snyder No Bird No YES: 3 NO: 8 EXC: 0 ABS: 0 FINAL ACTION: FAIL 10:54:21 AM Motion Postpone House Bill 22-1023 indefinitely. Moved Gray Seconded Snyder Benavidez No Daugherty Yes Gray Yes Kipp Yes Luck Yes Rich Yes Sandridge Yes Soper Yes Tipper Yes Snyder Yes Bird Yes Final YES: 10 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS HB22-1026 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/65FF1AFCB33F...$File/HF_2-3_Attachment B.pdf?OpenElement HF_2-3_Attachment B.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/050E0CFCC695...$File/HF_2-3_Attachment C.pdf?OpenElement HF_2-3_Attachment C.pdf 10:54:40 AM Representatives Bird and Woog, co-sponsors, presented House Bill 22-1026. The bill replaces a corporate income tax deduction for expenses related to providing alternative transportation options for employees with a refundable tax credit for employees with a refundable tax credit for similar expenses available to corporate and non-corporate employers. They distributed amendments L.002 (Attachment B) and L.003 (Attachment C). The bill sponsors responded to questions from the committee. 11:09:31 AM Committee discussion with the sponsors continued. 11:13:08 AM Ms. Pegah Jalali, representing the Colorado Fiscal Institute, testified in opposition to the bill. 11:15:12 AM Mr. Gary McMurtrey, representing himself, testified in opposition to the bill. 11:22:14 AM Mr. Matt Frommer, representing the Southwest Energy Efficiency Project, testified in support of the bill with certain amendments. 11:26:22 AM Ms. Lynn Guissinger, representing herself, testified in support of the bill. She responded to questions from the committee. 11:33:53 AM Mrs. Piep van Heuven, representing Bicycle Colorado, testified in support of the bill. 11:37:24 AM Ms. Katie Wolf, representing the Colorado Chamber of Commerce, testified in support of the bill. 11:39:25 AM Mr. Raymond Gonzales, representing the Metro Denver Economic Development Corporation, testified in support of the bill. 11:43:05 AM Ms. Rachel Beck, representing the Colorado Springs Chamber of Commerce, testified in support of the bill. She responded to questions from the committee. 11:50:40 AM Mr. Rich Mauro, representing the Denver Regional Council of Governments, testified in support of the bill with amendments. 11:53:24 AM Mr. Michael Davies, representing the board of RTD, testified from a neutral position on the bill. He responded to questions from the committee. 11:59:27 AM Mr. Mark Turner, representing the Colorado Nonprofit Association, testified in support of the bill. 12:04:15 PM Motion Adopt amendment L.002 (Attachment B). Moved Bird Seconded Tipper Benavidez Daugherty Gray Kipp Luck Rich Sandridge Soper Tipper Snyder Bird YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 12:04:57 PM Motion Adopt amendment L.003 (Attachment C). Moved Bird Seconded Tipper Benavidez Daugherty Gray Kipp Luck Rich Sandridge Soper Tipper Snyder Bird YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 12:05:01 PM Representatives Bird and Woog provided closing remarks and asked for a favorable recommendation. 12:16:21 PM Motion Refer House Bill 22-1026, as amended, to the Committee on Appropriations. Moved Bird Seconded Tipper Benavidez No Daugherty Yes Gray Yes Kipp Yes Luck No Rich Yes Sandridge No Soper No Tipper Yes Snyder Yes Bird Yes Final YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS 12:16:49 PM The committee adjourned.
