S_FIN_2024A 02/06/2024 02:01:01 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGSENATE COMMITTEE ON FINANCE Date 02/06/2024 Attendance Buckner X Hansen X Simpson X Van Winkle X Will * Kolker X Mullica X Time 02:01:01 PM to 03:14:09 PM Place SCR 357 This Meeting was called to order by Mullica This Report was prepared by Matthew Becker Hearing Items Action Taken hConf 24-Financial Services Board Favorably Refer to Full Senate - Consent Calendar hConf 24-Governmental Accounting — Advisory Committee On Favorably Refer to Full Senate - Consent Calendar hSB24-086 Referred to the Committee of the Whole hSB24-018 Referred to Senate Appropriations hSB24-020 Referred to Senate Appropriations hSB24-044 Amended, referred to Senate Appropriations Conf 24-Financial Services Board - Favorably Refer to Full Senate - Consent Calendar 02:05:41 PM Motion Refer the appointments of Shane Silvernale and Tracie Wilcox to the Financial Services Board to the full Senate with a favorable recommendation and with a recommendation that it be placed on the consent calendar. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson Yes Van Winkle Yes Will Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS Conf 24-Governmental Accounting — Advisory Committee On - Favorably Refer to Full Senate - Consent Calendar 02:05:57 PM Crystal Dorsey, Office of the State Auditor, introduced Janeen Hathcock, appointee to the Governmental Accounting Advisory Committee. The appointee introduced themselves to the committee. 02:08:01 PM Motion Refer the appointment of Janeen Hathcock to the Governmental Accounting Advisory Committee to the full Senate with a favorable recommendation and with a recommendation that it be placed on the consent calendar. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson Yes Van Winkle Yes Will Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS SB24-086 - Referred to the Committee of the Whole 02:08:12 PM Senators Rich and Michaelsen Jenet, presented SB24-086, which transfers $500,000 to Breast Cancer Screening Fund from the Breast and Cervical Cancer Prevention and Treatment Fund in FY 2024-25 only and discontinues a transfer of interest earnings from the Breast and Cervical Cancer Prevention and Treatment Fund to the Disability Support Fund. 02:13:18 PM Corrina Steiger, representing Susan G. Komen, testified in support of the bill. 02:17:08 PM R. J. Ours, representing the American Cancer Society, testified in support of the bill. Heidi Morgan, representing Susan G. Komen, responded to committee questions. 02:28:37 PM Motion Refer Senate Bill 24-086 to the Committee of the Whole. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson Yes Van Winkle No Will Yes Kolker Yes Mullica Yes Final YES: 6 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS SB24-018 - Referred to Senate Appropriations 02:29:06 PM Senators Simpson and Michaelson Jenet presented SB24-018, which enters Colorado into the Physician Assistant Licensure Compact. 02:29:13 PM Ms. Alyn Whelchel, representing Colorado Academy of PAs, testified in support of the bill. 02:34:29 PM Carl Sims, representing The Council of State Governments, testified in a neutral position on the bill. 02:37:21 PM Motion Refer Senate Bill 24-018 to the Committee on Appropriations. Moved Simpson Seconded Buckner Yes Hansen Yes Simpson Yes Van Winkle Yes Will Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS SB24-020 - Referred to Senate Appropriations 02:38:50 PM Senator Roberts presented SB24-020, which continues indefinitely the alocholic beverage takeout and delivery permit. 02:39:27 PM John Armstrong, Legislative Council Staff, responded to committee questions. Jimmy Reed, Department of Revenue, responded to committee questions. 02:51:53 PM Motion Refer Senate Bill 24-020 to the Committee on Appropriations. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson Yes Van Winkle Yes Will Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS SB24-044 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/DD06341983CB...$File/Attach A.pdf?OpenElement Attach A.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/73961D9417D9...$File/Attach B.pdf?OpenElement Attach B.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/8772F59B5CA2...$File/Attach C.pdf?OpenElement Attach C.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/ABCB5F8AB9BF...$File/SB 24-044 Public Comments Merged.pdf?OpenElement SB 24-044 Public Comments Merged.pdf 02:52:06 PM Senators Kolker and Hansen presented SB24-044, which creates a refundable state income tax credit for qualifying public service retirees. 02:54:49 PM Carol Pace, representing AARP, testified in support of the bill. 02:59:10 PM Jim Lipscomb, representing themself, testified in support of the bill. 03:01:45 PM Randy Ross, representing SecurePERA, testified in support of the bill. 03:06:10 PM Motion Adopt amendment L.001 (Attachment A). Moved Hansen Seconded Buckner Hansen Simpson Van Winkle Will Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 03:06:49 PM Motion Adopt amendment L.002 (Attachment B). Moved Hansen Seconded Buckner Hansen Simpson Van Winkle Will Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 03:07:33 PM Motion Adopt amendment L.003 (Attachment C). Moved Hansen Seconded Buckner Hansen Simpson Van Winkle Will Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 03:13:58 PM Motion Refer Senate Bill 24-044, as amended, to the Committee on Appropriations. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson No Van Winkle No Will Yes Kolker Yes Mullica Yes Final YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS 03:14:09 PM The committee adjourned.