H_ED_2022A 03/31/2022 01:32:47 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGHOUSE COMMITTEE ON EDUCATION Date 03/31/2022 Attendance Baisley X Caraveo X Exum X Geitner X Kipp X Larson X Michaelson Jenet X Young X McLachlan X Time 01:32:47 PM to 02:09:17 PM Place HCR 0107 This Meeting was called to order by McLachlan This Report was prepared by Colin Schroeder Hearing Items Action Taken hHB22-1019 Postponed Indefinitely hHB22-1310 Referred to House Finance HB22-1019 - Postponed Indefinitely 01:33:37 PM Representative Larson presented House Bill 22-1019, Modifications to Qualified State Tuition Programs. The bill creates the Foundational Learning Experience Savings Program, which allows individuals to create a tax-preferred savings account for elementary and secondary education expenses. 01:41:09 PM Senator Evie Hudak, representing Colorado PTA, testified in opposition to the bill. Matthew Server, representing Colorado Catholic Conference, testified in support of the bill. 01:47:00 PM Representative Larson provided closing comments on the bill. 01:52:34 PM Motion Refer House Bill 22-1019 to the Committee on Finance. Moved Larson Seconded Geitner Baisley Yes Caraveo No Exum No Geitner Yes Kipp No Larson Yes Michaelson Jenet No Young No McLachlan No YES: 3 NO: 6 EXC: 0 ABS: 0 FINAL ACTION: FAIL 01:53:00 PM Motion Postpone House Bill 22-1019 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 Larson Seconded Kipp Baisley No Caraveo Yes Exum Yes Geitner No Kipp Yes Larson No Michaelson Jenet Yes Young Yes McLachlan Yes Final YES: 6 NO: 3 EXC: 0 ABS: 0 FINAL ACTION: PASS HB22-1310 - Referred to House Finance 01:53:05 PM Representatives Kipp and Larson presented House Bill 22-1310, 529 Account Apprenticeship Expenses. The bill defines expenditures from a 529 account for certain apprenticeship programs as an eligible distribution, and therefore not subject to tax recapture under state law. 01:56:47 PM The bill sponsors responded to questions from the committee. 02:00:32 PM Brent Jones, representing National Association of Insurance and Financial Advisors (NAIFA-CO), testified in support of the bill. Angela Baier, representing CollegeInvest, testified in support of the bill. 02:04:40 PM Representatives Kipp and Larson provided closing remarks on the bill. 02:09:07 PM Motion Refer House Bill 22-1310 to the Committee on Finance. Moved Larson Seconded Kipp Baisley Yes Caraveo Yes Exum Yes Geitner Yes Kipp Yes Larson Yes Michaelson Jenet Yes Young Yes McLachlan Yes Final YES: 9 NO: 0 EXC: 0 ABS: 0 FINAL ACTION: PASS 02:09:17 PM The committee adjourned.