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7AB183FEEA8E1969872587E3007A854F Hearing Summary


Date Feb 8, 2022      
Location Old Supreme Court

SB22-084 - Postponed Indefinitely

03:18:19 PM  
Senator Gardner, bill sponsor, presented Senate Bill 22-084. The bill defines expenditures from a 529 account for the payment of student loans, up to $10,000 per beneficiary, as a qualified distribution, and therefore not subject to tax recapture.
The bill sponsor responded to committee questions.
03:24:11 PM  
Senator Gonzales proceeded with witness testimony on the bill.
03:24:27 PM  
Evie Hudak, representing Colorado PTA, testified in opposition to the bill. Angela Baier, representing CollegeInvest, testified in opposition to the bill. The witness panel responded to committee questions.
03:32:58 PM  
The bill sponsor
gave closing remarks. Committee members commented on the bill.

03:38:18 PM
Motion Refer Senate Bill 22-084 to the Committee on Finance.
Moved Holbert
Holbert Yes
Jaquez Lewis No
Simpson Yes
Coleman No
Gonzales No
YES: 2   NO: 3   EXC: 0   ABS:  0   FINAL ACTION:  FAIL

03:38:46 PM
Motion Postpone Senate Bill 22-084 indefinitely using a reversal of the previous roll call. There was no objection to the use of the reverse roll call, therefore, the bill was postponed indefinitely.
Moved Coleman
Holbert No
Jaquez Lewis Yes
Simpson No
Coleman Yes
Gonzales Yes
Final YES: 3   NO: 2   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