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13FA218EC651F9DF87258AE4006E1DDA Hearing Summary




PUBLIC
BILL SUMMARY For HB24-1243

HOUSE COMMITTEE ON FINANCE
Date Mar 18, 2024      
Location HCR 0112



HB24-1243 - Committee Discussion and Witness Testimony Only


02:02:49 PM  
The committee took a brief recess.
02:11:26 PM  
The committee returned to order.
02:13:25 PM  
Representatives Soper and Woodward, co-prime sponsors, presented House Bill 24-1243. The bill removes earned income of a minor from Colorado taxable income starting in tax year 2025.
02:21:28 PM  
The bill sponsors responded to questions from the committee.
02:43:19 PM  
Nicholas Aught, representing himself, testified in opposition to the bill.
02:46:58 PM  
Maud Naroll, representing League of Women Voters of Colorado, testified in opposition to the bill.
02:48:21 PM  

The witnesses responded to questions from the committee.  Additional written testimony is included as Attachment F. 

02:49:53 PM  
Members of the committee commented about their positions on the bill.
03:01:09 PM  
The committee took a brief recess.
03:11:23 PM  
The committee returned to order. The bill was laid over for action only at a later date.






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