Representatives Soper and Valdez, co-sponsors, presented House Bill 24-1125. The bill creates a new refundable tax credit for 2026 through 2035 for expenditures related to the conversion of a commercial structure to a residential structure. The sponsors distributed amendments L.002 (Attachment C) and L.003 (Attachment D) and responded to committee questions.

Mr. Todd Matuszewicz, representing himself, testified to amend the bill.

Ms. Barbara Pahl, representing Historic Denver, testified to amend the bill.

Ms. Tamara Pogue, representing Counties & Commissioners Acting Together (CCAT), testified to amend the bill.

Kinsey Hasstedt, representing Enterprise Community Partners, testified to amend the bill.

Mr. Brian Rossbert, representing Housing Colorado, testified to amend the bill.

The panel of witnesses responded to question from the committee.

Ms. Ariel Steele, representing Tax Credit Connection, testified in support of the bill.

Hannah Gutner, representing the Office of Economic Development and International Trade, testified in support of the bill.

Patrick Eidman, representing History Colorado, testified in support of the bill.

Ms. Beverly Stables, representing the Colorado Municipal League, testified in support of the bill.

The panel of witnesses responded to questions from the committee.

Britt Diehlt, representing the Downtown Denver Partnership, testified in support of the bill.

Martin Goldstein, representing himself, testified in support of the bill.

Ms. Renee Larrarte, representing Conservation Colorado, testified in support of the bill.

Mr. Michael Passas, representing American Council of Engineering Companies of Colorado, testified in support of the bill.

Alison Morgan, representing the Colorado Bankers Association, testified in support of the bill.

The bill sponsors made closing remarks.