S_FIN_2024A 04/30/2024 06:37:15 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGSENATE COMMITTEE ON FINANCE Date 04/30/2024 Attendance Buckner X Hansen X Simpson X Smallwood X Van Winkle X Kolker X Mullica X Time 06:37:15 PM to 09:14:13 PM Place SCR 357 This Meeting was called to order by Mullica This Report was prepared by Matthew Becker Hearing Items Action Taken hHB24-1326 Amended, referred to Senate Appropriations hHB24-1295 Amended, referred to Senate Appropriations hSB24-095 Amended, referred to Senate Appropriations hHB24-1116 Referred to Senate Appropriations hHB24-1453 Referred to the Committee of the Whole hHB24-1052 Referred to Senate Appropriations hHB24-1036 Referred to Senate Appropriations hHB24-1358 Referred to Senate Appropriations hHB24-1043 Referred to Senate Appropriations HB24-1326 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/3979D77ADEAA...$File/Attachment A.pdf?OpenElement Attachment A.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/290A6EB321EE...$File/Attachment B.pdf?OpenElement Attachment B.pdf 06:37:43 PM Senators Zenzinger and Smallwood, presented HB24-1326, which continues bingo-raffle licensing through September 1, 2029, which is scheduled to repeal on September 1, 2024. 06:38:23 PM Mr. Jim Stanko, representing American Legion, testified to amend the bill. Mr. Steve Kjonaas, representing Veterans of Foreign Wars Colo HQ, testified to amend the bill. Mr. Ben Vagher, representing Broomfield Rotary, testified in support of the bill. Ms. Michelle Kelly, representing Erie H.S. Boosters, testified in support of the bill. Mr. Richard Lemon, representing Colorado Charitable Bingo Association, testified in support of the bill. Mr. Corky Kyle, representing Colorado Charitable Bingo Association, testified in support of the bill. The panelists responded to committee questions. 07:01:04 PM Motion Adopt amendment L.008 (Attachment A). Moved Smallwood Seconded Buckner Yes Hansen Excused Simpson No Smallwood No Van Winkle Yes Kolker Yes Mullica Excused YES: 3 NO: 2 EXC: 2 ABS: 0 FINAL ACTION: PASS 07:03:33 PM Motion Adopt amendment L.009 (Attachment B). Moved Smallwood Seconded Buckner Yes Hansen No Simpson No Smallwood No Van Winkle No Kolker No Mullica No YES: 1 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: FAIL 07:05:04 PM Motion Refer House Bill 24-1326, as amended, to the Committee on Appropriations. Moved Smallwood Seconded Buckner Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1295 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/9A1D8A845E5B...$File/Attachment C.pdf?OpenElement Attachment C.pdf 07:05:41 PM Senators Fenberg and Coleman, co-prime sponsors, presented HB24-1295, which updates the Community Revitalization Grant Program and creates a new income tax credit for creative industry capital improvement projects in tax years 2026 through 2032. 07:08:29 PM Mr. Mark Heller, representing Colorado Educational and Cultural Facilities Authority, testified to amend the bill. Summer Hill, representing Denver Metro Chamber of Commerce , testified in support of the bill. Josh Blanchard, representing Office of Economic Development and International Trade, testified in support of the bill. 07:22:42 PM Mr. Heller responded to committee questions. 07:24:12 PM Motion Adopt amendment L.003 (Attachment C). Moved Buckner Seconded Buckner Hansen Simpson Smallwood Van Winkle Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 07:25:35 PM Motion Refer House Bill 24-1295, as amended, to the Committee on Appropriations. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson Yes Smallwood No Van Winkle No Kolker Yes Mullica Yes Final YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS SB24-095 - Amended, referred to Senate Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2024A/commsumm.nsf/0/84CE781D34BE...$File/Attachment D.pdf?OpenElement Attachment D.pdf 07:25:46 PM Senators Kirkmeyer and Rodriguez presented SB24-095, which addresses high ozone levels in the Front Range through a variety of mechanisms, including creating a voucher program, modifying an existing grant program, and requiring air quality studies. 07:26:19 PM Mr. James Brandon, representing AirCare Colorado, Envirotest Systems, testified in support of the bill. Commissioner James, representing Weld County Board of County Commissioners, testified in support of the bill. Dr. Annareli Morales, representing Weld County Board of County Commissioners, testified in support of the bill. Tom Knox, representing San Joaquin Valley Clean Air Now, testified in support of the bill. The panelists responded to committee questions. 08:10:32 PM Motion Adopt amendment L.013 (Attachment D). Moved Mullica Seconded Buckner Hansen Simpson Smallwood Van Winkle Kolker Mullica YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 08:17:11 PM Motion Refer Senate Bill 24-095, as amended, to the Committee on Appropriations. Moved Mullica Seconded Buckner Yes Hansen Yes Simpson Yes Smallwood No Van Winkle No Kolker Yes Mullica Yes Final YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1116 - Referred to Senate Appropriations 08:17:21 PM Senators Kirkmeyer and Mullica presented HB24-1116, which extends the state income tax credit for the environmental remediation of contaminated land. 08:19:07 PM Mr. Tony Curcio, representing Iron Woman Construction and Environmental Services, LLC, testified in support of the bill. 08:22:28 PM Motion Refer House Bill 24-1116 to the Committee on Appropriations. Moved Mullica Seconded Buckner Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1453 - Referred to the Committee of the Whole 08:22:38 PM Senators Kolker and Coleman presented HB24-1453, which relocates the CLIMBER Act from the Department of the Treasury to the Office of Economic Development and modifies certain provisions. 08:24:34 PM Motion Refer House Bill 24-1453 to the Committee of the Whole. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson Yes Smallwood No Van Winkle No Kolker Yes Mullica Yes Final YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1052 - Referred to Senate Appropriations 08:25:26 PM Senators Kolker and Hansen presented HB24-1052, which reinstates a refundable income tax credit for senior taxpayers with incomes up to $75,000 ($125,000 if filing jointly) who have not claimed a homestead property tax exemption. 08:27:39 PM Motion Refer House Bill 24-1052 to the Committee on Appropriations. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1036 - Referred to Senate Appropriations 08:27:52 PM Senators Kolker and Hansen preseted HB24-1036, which expands, modifies, and/or eliminates various tax expenditures. 08:29:40 PM Motion Refer House Bill 24-1036 to the Committee on Appropriations. Moved Kolker Seconded Buckner Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle No Kolker Yes Mullica Yes Final YES: 6 NO: 1 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1358 - Referred to Senate Appropriations 08:30:39 PM Senators Mullica and Baisley presented HB24-1358, which continues and makes modifications to the film incentive tax credit. 08:41:16 PM Maud Naroll, representing League of Women Voters of Colorado, testified in opposition to the bill. Arielle Brachfeld, representing Office of Economic Development and International Trade, testified in support of the bill. Neil Hurley, representing themself, testified in support of the bill. Mr. Yuriy Gorlov, representing Aurora Economic Development Council, testified in support of the bill. The panelists responded to committee questions. 08:57:18 PM Sarah Blackhurst, representing Action Colorado, testified in support of the bill. Donald Zuckerman, Colorado Film Commission, testified in support of the bill. The panelists responded to committee questions. 09:08:02 PM Motion Refer House Bill 24-1358 to the Committee on Appropriations. Moved Mullica Seconded Buckner Yes Hansen No Simpson Yes Smallwood Yes Van Winkle No Kolker Yes Mullica Yes Final YES: 5 NO: 2 EXC: 0 ABS: 0 FINAL ACTION: PASS HB24-1043 - Referred to Senate Appropriations 09:08:18 PM Senators Van Winkle and Hansen presented HB24-1043, which directs the State Treasurer to transfer $2.05 million per year from FY 2024-25 to FY 2059-60 to the Death and Disability Payment Cash Fund. 09:08:36 PM Mr. Adam Franklin, representing The Fire and Police Pension Association, testified in support of the bill. Mr. Chip Weule, representing Fire and Police Pension Association of Colorado, testified in support of the bill. The panelists responded to committee questions. 09:14:02 PM Motion Refer House Bill 24-1043 to the Committee on Appropriations. Moved Hansen Seconded Buckner Yes Hansen Yes Simpson Yes Smallwood Yes Van Winkle Yes Kolker Yes Mullica Yes Final YES: 7 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS 09:14:13 PM The committee adjourned.
