H_FIN_2022A 04/07/2022 10:15:59 AM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON FINANCE Date 04/07/2022 Attendance Benavidez * Daugherty * Kipp X Luck * Michaelson Jenet X Rich X Sandridge X Soper X Tipper * Snyder X Bird X Time 10:15:59 AM to 10:55:06 AM Place HCR 0112 This Meeting was called to order by Bird This Report was prepared by Jessika Shipley Hearing Items Action Taken hHB22-1163 Postponed Indefinitely HB22-1163 - Postponed Indefinitely Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/68C2DFC5C2C0...$File/HB1163_L.001.pdf?OpenElement HB1163_L.001.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/4884050C0AF1...$File/HB1163_L.002.pdf?OpenElement HB1163_L.002.pdf 10:17:50 AM Representative Soper, prime sponsor, presented House Bill 22-1163. The bill establishes a state income tax credit for qualifying out-of-pocket medical expenses. He distributed and discussed amendments L.001 (Attachment A) and L.002 (Attachment B). He explained the difference between the two amendments. 10:21:11 AM Jeff Stupak, representing Legislative Council Staff, came to the table to respond to questions about the fiscal note. Discussion about the fiscal note and the amendments ensued. 10:31:58 AM Ed DeCecco, representing the Office of Legislative Legal Services, joined the committee to respond to questions about the bill. 10:45:46 AM Miss Caroline Nutter, representing the Colorado Fiscal Institute, testified in opposition to the bill. 10:50:25 AM Motion Adopt amendment L.002 Moved Soper Seconded Snyder Benavidez No Daugherty No Kipp No Luck Yes Michaelson Jenet No Rich Yes Sandridge Yes Soper Yes Tipper No Snyder Yes Bird No YES: 5 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: FAIL 10:51:36 AM Motion Adopt amendment L.001 Moved Soper Seconded Rich Benavidez No Daugherty No Kipp No Luck Yes Michaelson Jenet No Rich Yes Sandridge Yes Soper Yes Tipper No Snyder No Bird No YES: 4 NO: 7 EXC: 0 ABS: 0 FINAL ACTION: FAIL 10:52:07 AM Members of the committee commented about their positions on the bill. 10:54:03 AM Motion Refer House Bill 22-1163 to the Committee on Appropriations. Moved Soper Seconded Rich Benavidez No Daugherty No Kipp No Luck Yes Michaelson Jenet No Rich Yes Sandridge Yes Soper Yes Tipper No Snyder No Bird No YES: 4 NO: 7 EXC: 0 ABS: 0 FINAL ACTION: FAIL 10:54:54 AM Motion Postpone House Bill 22-1163 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 Snyder Seconded Benavidez Benavidez Yes Daugherty Yes Kipp Yes Luck No Michaelson Jenet Yes Rich No Sandridge No Soper No Tipper Yes Snyder Yes Bird Yes Final YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS 10:55:06 AM The committee adjourned.