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PUBLIC
BILL SUMMARY For HB25-1311

SENATE COMMITTEE ON FINANCE
Date May 1, 2025       Location SCR 357

HB25-1311 - Amended, referred to Senate Appropriations


10:41:50 AM  
Senator Roberts introduced House Bill 25-1311. For purposes of the sports betting tax, the bill reduces the deduction for free bets placed by players to 1 percent on January 1, 2026, and ends the deduction on July 1, 2026. He distributed a fact sheet to the committee (Attachment A).
10:46:31 AM  
Elizabeth Haskell, representing the Colorado Municipal League, testified in support of the bill. Jennifer Mello, representing the Sports Betting Alliance, testified to amend the bill. Erin Karney, representing the Colorado Cattlemen's Association, testified in support of the bill. Mr. Brian Jackson, representing EDF Action, testified in support of the bill. The witnesses answered several committee questions.
10:49:56 AM  
Tony Massaro, representing Business for Water Stewardship, testified in support of the bill. Dianna Orf, representing the Colorado Water Congress, testified in support of the bill.
11:05:45 AM  
Mr. Greg Sobetski, Legislative Council Staff, answered questions related to the fiscal note.

11:11:48 AM
Motion Adopt amendment L.006 (Attachment B)
Moved Mullica
Seconded
Bright
Frizell
Gonzales J.
Kolker
Mullica
Simpson
Snyder
Marchman
Kipp
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection

11:15:27 AM
Motion Refer House Bill 25-1311, as amended, to the Committee on Appropriations.
Moved Marchman
Seconded
Bright Yes
Frizell Yes
Gonzales J. Yes
Kolker Yes
Mullica Yes
Simpson Yes
Snyder Yes
Marchman Yes
Kipp Yes
Final YES: 9   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS