94F1D7B35E845E9E8725863100767933 Hearing Summary

PUBLIC
BILL SUMMARY For HB20B-1006

SENATE COMMITTEE ON FINANCE
Date Dec 1, 2020
Location Old Supreme Court

HB20B-1006 - Referred to the Committee of the Whole - Consent Calendar

02:34:06 PM

Senator Zenzinger,
bill sponsor, explained HB20B-1006 concerning modifications to the insurance
premium tax, and, in connection therewith, modifying how credits against
preimium tax payments may be claimed or transferred, adjusting how estimated
quarterly taxes are calculated, and allowing a company to claim a refund
for overpayments of estimated premium tax liability. She discussed
insurance tax premiums and small business relief.

02:37:22 PM

Treasurer Dave Young,
representing Department of the Treasury, testified in support of the bill.

02:39:13 PM

Mary Wickersham,
representing Department of the Treasury, made herself available for questions.

02:40:18 PM

Senator Zenzinger
made closing remarks.

02:44:53 PM	Motion	Refer House Bill 20B-1006 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar.
	Moved	Hansen
	Seconded

	Bridges	Yes
	Lundeen	Yes
	Moreno	Yes
	Tate	Excused
	Woodward	Excused
	Hansen	Yes
	Gonzales	Yes
	Final	YES: 5 NO: 0 EXC: 2 ABS: 0 FINAL ACTION: PASS

HB20B-1006 - Referred to the Committee of the Whole - Consent Calendar

Colorado General Assembly