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31002E6119CC8383872589950001EAFA Hearing Summary




PUBLIC
BILL SUMMARY For SB23-196

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



SB23-196 - Referred to House Appropriations
06:21:00 PM  
The committee took a brief recess.
06:26:37 PM  
The committee returned to order. Representatives Ricks and Young, co-prime sponsors, presented Senate Bill 23-196. The bill extends a state income tax credit for qualified costs incurred while retrofitting a residence for the purpose of improving accessibility, increasing visitability, or allowing qualified individuals to age in place. The credit is extended for five years, resulting in reductions in General Fund revenue that may be phased in over 13 years.
06:31:37 PM  
The bill sponsors responded to questions from the committee.
06:33:24 PM  
Ms. Ann Watts, representing the Colorado Department of Local Affairs Division of Housing, testified in support of the bill. She responded to questions from the committee.


06:43:29 PM
 Motion Refer Senate Bill 23-196 to the Committee on Appropriations.
Moved Joseph
Seconded Kipp
deGruy Kennedy Yes
Daugherty Yes
Frizell Yes
Hartsook Yes
Kipp Yes
Lindstedt Yes
Marshall No
Taggart Yes
Weinberg Yes
Joseph Yes
Snyder Yes
Final YES: 10   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS






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