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PUBLIC
BILL SUMMARY For HB23-1189

SENATE COMMITTEE ON FINANCE
Date May 4, 2023       Location SCR 354

HB23-1189 - Amended, referred to Senate Appropriations


09:19:54 PM  
Sen. Zenzinger introduced House Bill 23-1189. For tax year 2024 through tax year 2026, the bill creates a state income tax credit for employers who make a contribution to an employee for purchasing a primary residence.  Sen. Zenzinger answered several committee questions.
09:20:45 PM  
Mr. Daniel Ryley, representing the Arvada Economic Development Association, testified in support of the bill. Mr. Richard Werner, representing the Economic Development Council of Colorado, testified in support of the bill. Ms. Lauren Cecil, representing the Colorado Association of REALTORS, testified in support of the bill.

09:34:54 PM
Motion Adopt amendment L.004 (Attachment F)
Moved Priola
Seconded
Bridges
Simpson
Smallwood Excused
Sullivan
Van Winkle
Priola
Mullica
YES: 0   NO: 0   EXC: 1   ABS:  0   FINAL ACTION:  Pass Without Objection
09:35:24 PM  
Sen. Zenzinger gave some closing remarks.

09:36:13 PM
Motion Refer House Bill 23-1189, as amended, to the Committee on Appropriations.
Moved Priola
Seconded
Bridges Yes
Simpson No
Smallwood Excused
Sullivan Yes
Van Winkle No
Priola Yes
Mullica Yes
Final YES: 4   NO: 2   EXC: 1   ABS:  0   FINAL ACTION:  PASS