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2D3326557F5442D1872589950004E670 Hearing Summary




PUBLIC
BILL SUMMARY For HB23-1290

HOUSE COMMITTEE ON FINANCE
Date Apr 17, 2023      
Location HCR 0112



HB23-1290 - Referred to House Appropriations


06:53:37 PM  

Speaker McCluskie and Representative Sirota, co-prime sponsors, presented House Bill 23-1290. The bill refers a ballot measure to voters at the November 2023 statewide election to retain excess revenue collected from Proposition EE that otherwise would be refunded, and to maintain the tax rates that were approved in Proposition EE. If voters approve the ballot measure, the bill increases state revenue relative to current law expectations for reduced tax rates. The bill also clarifies current law if the measure is not approved by the voters.  Written public testimony is included as attachment D.

07:01:07 PM  
The bill sponsors responded to questions from the committee.
07:02:16 PM  
Krista Spurgin, representing Stand for Children Colorado, testified in support of the bill.
07:04:18 PM  
Nicole Riehl, representing Colorado Executives Partnering to Invest in Children (EPIC), testified in support of the bill.
07:06:25 PM  
Melissa Mares, representing the Colorado Children's Campaign, testified in support of the bill.
07:08:33 PM  
Mrs. Susan Hill, representing Save the Children Action Network, testified in support of the bill.
07:12:10 PM  
Amber Egbert, representing the Colorado Department of Revenue, was available to answer committee questions.


07:27:28 PM
Motion Refer House Bill 23-1290 to the Committee on Appropriations.
Moved Joseph
Seconded Kipp
deGruy Kennedy Yes
Daugherty Yes
Frizell No
Hartsook No
Kipp Yes
Lindstedt Yes
Marshall No
Taggart No
Weinberg No
Joseph Yes
Snyder Yes
Final YES: 6   NO: 5   EXC: 0   ABS:  0   FINAL ACTION:  PASS






The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details