F31B9E21BB25653887258AA1006B4EC2 Hearing Summary

PUBLIC
BILL SUMMARY For HB24-1084

HOUSE COMMITTEE ON FINANCE
Date Jan 11, 2024
Location HCR 0112

HB24-1084 - Referred to House Appropriations

12:32:09 PM

Representatives Wilford and Young, co-prime sponsors, presented House Bill 24-1084. The bill repeals and re-enacts an earned income tax credit bill that was passed during the 2023 Special Session. The sponsors responded to questions from the committee.

12:44:22 PM

The committee discussed legal matters surrounding the bill.

12:47:09 PM

Ms. Caroline Nutter, representing the Colorado Fiscal Institute, testified in support of the bill.

12:50:21 PM

Mr. George Davis V, representing Clayton Community Ambassadors, testified in support of the bill.

12:53:06 PM

Ms. Nutter responded to questions from the committee.

12:54:48 PM

Josh Pens, representing
the Department of Revenue, was available to answer committee questions.

12:55:00 PM

Elizabeth Ramey, representing Legislative Council Staff, responded to questions from the committee about the effect of the bill on TABOR refunds.

12:59:15 PM

Mr. Pens returned to respond to questions from the committee.

01:08:50 PM

The committee continued to discuss the earned income tax credit.

01:13:40 PM

The bill sponsors provided closing comments.

01:15:51 PM	Motion	Refer House Bill 24-1084 to the Committee on Appropriations.
	Moved	Joseph
	Seconded	Garcia

	Bottoms	No
	deGruy Kennedy	Yes
	Frizell	No
	Garcia	Yes
	Hartsook	No
	Kipp	Yes
	Lindstedt	Yes
	Marshall	No
	Weinberg	No
	Joseph	Yes
	Snyder	Yes
	Final	YES: 6 NO: 5 EXC: 0 ABS: 0 FINAL ACTION: PASS

HB24-1084 - Referred to House Appropriations

Colorado General Assembly