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3594A173FB67443487258280006F1A79 Hearing Summary




PUBLIC
BILL SUMMARY For SB18-265

SENATE COMMITTEE ON FINANCE
Date May 1, 2018      
Location SCR 352



SB18-265 - Referred to Senate Appropriations
02:14:48 PM  
Senator Hill, prime sponsor, presented Senate Bill 18-265, which creates a state income tax credit for moneys deposited in a child care savings account, and a state income tax deduction for interest earned in the account.
02:15:24 PM  
Brendon Reese, representing the Department of Revenue, testified on the bill.
02:16:31 PM  

Carl Larson, representing the National Association of Insurance and Financial Advisors, testified in support of the bill.
02:16:55 PM  
Senator Evie Hudak, representing Colorado PTA, testified in opposition to the bill.


02:23:50 PM
 Motion Refer Senate Bill 18-265 to the Committee on Appropriations.
Moved Tate
Seconded
Jahn Yes
Kagan No
Scott Yes
Tate Yes
Neville T. Yes
Final YES: 4   NO: 1   EXC: 0   ABS:  0   FINAL ACTION:  PASS






The Colorado Senate and House of Representatives will not convene on Monday, January 20, 2025 in observance of Dr. Martin Luther King Jr. day.

The effective date for bills enacted without a safety clause is August 6, 2025, if the General Assembly adjourns sine die on May 7, 2025 (unless otherwise specified). Details