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H_FIN_2023B 11/19/2023 02:10:15 PM Committee Summary

PUBLIC
STAFF SUMMARY OF MEETING
HOUSE COMMITTEE ON FINANCE
Date 11/19/2023
Attendance
Evans X
Frizell X
Hamrick X
Kipp X
Marshall X
Sharbini X
Taggart X
Titone X
Weinberg X
García X
Snyder X
Time 02:10:15 PM to 03:43:26 PM
Place HCR 0112
This Meeting was called to order by Snyder
This Report was prepared by Amanda King
Hearing Items Action Taken
SB23B-003 Referred to the Committee of the Whole

SB23B-003 - Referred to the Committee of the Whole


02:10:43 PM  
Representative Dickson
and Representative Mabrey, co-prime bill sponsors, presented Senate Bill
23B-003. The bill directs that TABOR refunds that would otherwise be paid
in FY 2023-24 via the six-tier sales tax refund mechanism be paid instead
in equal amounts to qualifying taxpayers.
02:19:03 PM  
The bill sponsors responded to questions from the committee.
02:38:20 PM  
Committee discussion on Senate Bill 23B-003 ensued.
02:55:37 PM  
The committee recessed.
03:00:05 PM  
The committee resumed.
03:00:24 PM  
Committee discussion on Senate Bill 23B-003 resumed.
03:06:17 PM  
Greg Sobetski, Legislative Council Staff, responded to questions from the committee.
03:06:47 PM  
Caroline Nutter,
representing the Colorado Fiscal Institute, testified in support of the
bill. She responded to questions from the committee.
03:19:43 PM  
The bill sponsors made concluding remarks. Committee members commented on the bill.


03:42:53 PM
Motion Refer Senate Bill 23B-003 to the Committee of the Whole.
Moved Hamrick
Seconded García
Evans No
Frizell No
Hamrick Yes
Kipp Yes
Marshall Yes
Sharbini Yes
Taggart No
Titone Yes
Weinberg No
García Yes
Snyder Yes
Final YES: 7   NO: 4   EXC: 0   ABS:  0   FINAL ACTION:  PASS


03:43:26 PM   The committee adjourned.