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1FC6A2E9487140EA87258528006B369B Hearing Summary


Date Mar 11, 2020      
Location HCR 0107

HB20-1298 - Referred to House Finance

01:31:04 PM  

Representative Kraft-Tharp and Representative Esgar introduced House Bill 20-1298. The bill extends the number of tax years that the Colorado Economic Development Commission may allow certain businesses to treat specific income tax credits as transferable income tax credits.

01:33:37 PM  

The bill sponsors responded to questions from the committee.

01:35:39 PM  

Jeff Kraft, Office of Economic Development and International Trade (OEDIT), testified in support of the bill. Mr. Kraft provided a handout to the committee (Attachment A).

01:37:53 PM  

Ken Jensen, OEDIT, made himself available to the committee for questions.

01:38:06 PM  

Erin Hackett, EVRAZ Rocky Mountain Steel, testified in support of the bill.

01:40:15 PM  

Jeff Shaw, Pueblo Economic Development Corporation and the Economic Development Council of Colorado, testified in support of the bill.

01:42:45 PM  

Mr. Kraft responded to questions from the committee.

01:43:47 PM  

Sam Bailey, Metro Denver Economic Development Corporation, testified in support of the bill.

01:45:47 PM  

The bill sponsors made closing remarks on the bill.

01:47:17 PM
Motion Refer House Bill 20-1298 to the Committee on Finance.
Moved Kraft-Tharp
Seconded Bird
Arndt Yes
Bird Yes
Duran Yes
McKean Yes
Sandridge Yes
Snyder Yes
Sullivan Yes
Van Winkle Yes
Williams D. Yes
Coleman Yes
Kraft-Tharp Yes
Final YES: 11   NO: 0   EXC: 0   ABS:  0   FINAL ACTION:  PASS

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