401A710C8EBF511B8725851F00805B85 Hearing Summary CLICS/CLICS2020A/commsumm.nsf PUBLICBILL SUMMARY For HB20-1203HOUSE COMMITTEE ON FINANCEDate Mar 2, 2020 Location HCR 0112 HB20-1203 - Amended, referred to House Appropriations Attachment Tag File Name Attachment http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/04D5BFD111CA...$File/200302 AttachG.pdf?OpenElement 200302 AttachG.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/687ADE0508FC...$File/200302 AttachI.pdf?OpenElement 200302 AttachI.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/A44269B789CF...$File/200302 AttachJ.pdf?OpenElement 200302 AttachJ.pdf Attachment http://www2.leg.state.co.us/CLICS/CLICS2020A/commsumm.nsf/0/FC919CFD46F1...$File/200302 AttachH.pdf?OpenElement 200302 AttachH.pdf 04:22:36 PM Representatives Sirota and Gray presented House Bill 20-1203 to the committee, along with a memo and amendments L.001 and L.002 (Attachments G, H, and I). Beginning tax year 2021, the bill creates a state income tax addition equal to the amount of a taxpayer's federal qualified business income deduction, activates the state child tax credit, and expands the state earned income tax credit. 04:26:00 PM Kubu'Lea Til, representing Colorado People Alliance, testified in support of the bill. 04:26:32 PM Ealasha Voaghner, representing Clayton Early Learning, testified in support of the bill. 04:30:26 PM Alexis Juniel, representing Center for Work Education and Employment, testified in support of the bill. 04:30:52 PM Jackie Cordova, representing Parent Possible, testified in support of the bill. 04:36:28 PM Jordan Smith, representing Illuminate Colorado, testified in support of the bill. 04:36:56 PM Kelly Wagoner, representing Get Ahead Colorado, testified in a neutral capacity. 04:39:41 PM Evie Hudak, representing Colorado PTA, testified in support of the bill. 04:42:41 PM Chaer Robert, representing the Colorado Center on Law and Policy, testified in support of the bill and provided a handout (Attachment J). 04:46:11 PM Scott Wasserman, representing the Bell Policy Center, testified in support of the bill. 04:47:58 PM Carol Hedges, representing the Colorado Fiscal Institute, testified in support of the bill. 04:50:40 PM Ms. Hedges responded to committee members' questions. 04:56:35 PM Representatives Gray and Sirota explained amendments L.001 and L.002 (Attachments H and I). 04:57:34 PM Motion Adopt amendment L.001 Moved Gray Seconded Snyder Benavidez Bockenfeld Champion Gray Kraft-Tharp Rich Sandridge Snyder Sullivan Bird Herod YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 04:58:37 PM Motion Adopt amendment L.002 Moved Gray Seconded Snyder Benavidez Bockenfeld Champion Gray Kraft-Tharp Rich Sandridge Snyder Sullivan Bird Herod YES: 0 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: Pass Without Objection 04:58:38 PM Representatives Sirota and Gray wrapped up their presentation to the committee. 05:01:30 PM Motion Refer House Bill 20-1203, as amended, to the Committee on Appropriations. Moved Gray Seconded Bird Benavidez Yes Bockenfeld No Champion No Gray Yes Kraft-Tharp Yes Rich No Sandridge No Snyder Yes Sullivan Yes Bird Yes Herod Yes Final YES: 7 NO: 4 EXC: 0 ABS: 0 FINAL ACTION: PASS