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3B005CC50884C282872589A60010C50A Hearing Summary




PUBLIC
BILL SUMMARY For HB23-1112

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



HB23-1112 - Amended, referred to Senate Appropriations

09:03:14 PM  
Sen. Hansen introduce House Bill 23-1112. The bill expands the state earned income tax credit and child tax credit. It decreases state revenue in FY 2023-24 and FY 2024-25 and increases expenditures in FY 2024-25.
09:04:43 PM  
Joshua Mantell, representing
The Bell Policy Center, testified in support of the bill. Ms. Caroline
Nutter, representing the Colorado Fiscal Institute, testified in support
of the bill.  Lex Loutzenhiser, representing Illuminate Colorado,
testified in support of the bill.
09:12:41 PM  
Written testimony
may be found in Attachment B.


09:16:51 PM
Motion Adopt amendment L.007 (Attachment C)
Moved Priola
Seconded
Bridges
Simpson
Smallwood
Sullivan
Van Winkle
Priola
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


09:17:47 PM
Motion Adopt amendment L.008 (Attachment D)
Moved Priola
Seconded
Bridges
Simpson
Smallwood
Sullivan
Van Winkle
Priola
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection


09:18:52 PM
Motion Adopt amendment L.009 (Attachment E)
Moved Priola
Seconded
Bridges
Simpson
Smallwood
Sullivan
Van Winkle
Priola
Mullica
YES: 0   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  Pass Without Objection
09:19:04 PM  
Sen. Hansen gave some closing remarks.


09:19:43 PM
Motion Refer House Bill 23-1112, as amended, to the Committee on Appropriations.
Moved Priola
Seconded
Bridges Yes
Simpson Yes
Smallwood Excused
Sullivan Yes
Van Winkle No
Priola Yes
Mullica Yes
Final YES: 5   NO: 1   EXC: 1   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