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047E617660A60F7F87258522005EF1EC Hearing Summary




PUBLIC
BILL SUMMARY For HB20-1109

SENATE COMMITTEE ON FINANCE
Date Mar 5, 2020      
Location SCR 357



HB20-1109 - Referred to Senate Appropriations


10:17:07 AM  

Senators Gardner and Todd introduced House Bill 20-1109.  The bill extends the state income tax credit for employers who contribute to an employee's 529 qualified state tuition program through tax year 2031.  The bill sponsors responded to questions from the committee.

10:24:29 AM  
Cindy Barnard, Taxpayers for Public Education, testified in opposition to the bill.
10:27:18 AM  
Angela Baier, College Invest, testified in support of the bill.
10:29:15 AM  
Carl Larson, National Association of Insurance and Financial Advisors, testified in support of the bill.
10:29:41 AM  
Brett Grischo, Explore Communications, testified in support of the bill.
10:35:50 AM  

Ray Hallquist, HPM Contracting, testified in support of the bill and responded to questions from the committee.

10:39:37 AM  

The bill sponsors gave concluding remarks regarding the bill.



10:41:13 AM
Motion Refer House Bill 20-1109 to the Committee on Appropriations.
Moved Story
Seconded
Gardner Yes
Hansen Yes
Lundeen Yes
Todd Yes
Woodward Yes
Story Yes
Lee Yes
Final YES: 7   NO: 0   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